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.
Alluvium Global Fund returned 4.0% in Q1 2023, outperforming markets amid banking turmoil. The fund owns cash-generating businesses independent of capital markets, avoiding financials entirely. Top performers included Ryanair benefiting from travel recovery and Dick's Sporting showing structural improvements. New position Liberty Broadband provides cable infrastructure exposure. Managers expect continued volatility but remain cautiously optimistic.
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Alluvium Global Fund returned 4.0% in Q1 2023, outperforming markets amid banking turmoil. The fund owns cash-generating businesses independent of capital markets, avoiding financials entirely. Top performers included Ryanair benefiting from travel recovery and Dick's Sporting showing structural improvements. New position Liberty Broadband provides cable infrastructure exposure. Managers expect continued volatility but remain cautiously optimistic.
