Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
Pelican Bay's Concentrated Value portfolio outperformed its benchmark with a 5.89% return in Q2 2025, successfully recycling capital from VZ and EXPE into a major new value position in Brown-Forman (BF-B).
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Pelican Bay's Concentrated Value portfolio outperformed its benchmark with a 5.89% return in Q2 2025, successfully recycling capital from VZ and EXPE into a major new value position in Brown-Forman (BF-B).
Latitude discusses navigating deep drawdowns in portfolio companies by focusing on first principles rather than market narratives, highlighting historical success with AutoZone, a doubled position in Dollar Tree post-Family Dollar sale, and continued patience with Diageo.
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Latitude discusses navigating deep drawdowns in portfolio companies by focusing on first principles rather than market narratives, highlighting historical success with AutoZone, a doubled position in Dollar Tree post-Family Dollar sale, and continued patience with Diageo.
SouthernSun's concentrated SMID cap strategy delivered 11.04% net returns in Q2 2023, outperforming benchmarks through disciplined focus on financial flexibility, management adaptability, and niche dominance. Key positions include Dycom benefiting from fiber infrastructure runway and new additions in physical therapy and premium spirits markets with strong demographic and generational tailwinds.
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SouthernSun's concentrated SMID cap strategy delivered 11.04% net returns in Q2 2023, outperforming benchmarks through disciplined focus on financial flexibility, management adaptability, and niche dominance. Key positions include Dycom benefiting from fiber infrastructure runway and new additions in physical therapy and premium spirits markets with strong demographic and generational tailwinds.
