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.
Crossroads delivered 25.4% net returns in 2023 through concentrated positions in mispriced assets with catalysts. The fund's four key holdings span UK housing transformation, sustainable aviation fuel, AI networking infrastructure, and gaming platform evolution. Manager warns of systemic risks from mega-cap tech concentration while Chinese competitors gain share, positioning for dispersion-driven outperformance ahead.
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Crossroads delivered 25.4% net returns in 2023 through concentrated positions in mispriced assets with catalysts. The fund's four key holdings span UK housing transformation, sustainable aviation fuel, AI networking infrastructure, and gaming platform evolution. Manager warns of systemic risks from mega-cap tech concentration while Chinese competitors gain share, positioning for dispersion-driven outperformance ahead.
Aristotle Atlantic outperformed in Q1 2024 with strong security selection, led by Nvidia's AI semiconductor dominance and an underweight Apple position. Despite elevated valuations and geopolitical uncertainty, the manager remains constructive on prospects for higher earnings and rate cuts supporting equity prices while focusing on companies with secular tailwinds.
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Aristotle Atlantic outperformed in Q1 2024 with strong security selection, led by Nvidia's AI semiconductor dominance and an underweight Apple position. Despite elevated valuations and geopolitical uncertainty, the manager remains constructive on prospects for higher earnings and rate cuts supporting equity prices while focusing on companies with secular tailwinds.
SouthernSun's SMID Cap strategy delivered -6.05% in Q3 but maintains strong trailing performance. The firm completed leadership transition to employee ownership while focusing on self-help stories like Boston Beer and Murphy USA. Despite macro headwinds including elevated cash yields and small cap underperformance, management sees opportunity in market dislocation for patient fundamental investors.
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SouthernSun's SMID Cap strategy delivered -6.05% in Q3 but maintains strong trailing performance. The firm completed leadership transition to employee ownership while focusing on self-help stories like Boston Beer and Murphy USA. Despite macro headwinds including elevated cash yields and small cap underperformance, management sees opportunity in market dislocation for patient fundamental investors.
