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.
The Mairs & Power Balanced Fund gained 6.14% in the first half of 2026, slightly underperforming its benchmark. The fund leveraged market volatility to add quality compounders with durable competitive advantages at reasonable valuations, navigating sticky inflation, transitioning Federal Reserve leadership, and AI-driven infrastructure spending while positioning its fixed-income portfolio for downside mitigation.
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The Mairs & Power Balanced Fund gained 6.14% in the first half of 2026, slightly underperforming its benchmark. The fund leveraged market volatility to add quality compounders with durable competitive advantages at reasonable valuations, navigating sticky inflation, transitioning Federal Reserve leadership, and AI-driven infrastructure spending while positioning its fixed-income portfolio for downside mitigation.
