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 Oakmark Global Select Fund underperformed the MSCI World Index in Q2 2025, returning 4.54% amid tariff-related market volatility. Management capitalized on this volatility by adding four high-conviction positions and fully exiting three holdings.
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The Oakmark Global Select Fund underperformed the MSCI World Index in Q2 2025, returning 4.54% amid tariff-related market volatility. Management capitalized on this volatility by adding four high-conviction positions and fully exiting three holdings.
The portfolio navigated a highly volatile, tariff-impacted quarter to outperform the S&P 500, utilizing AI secular trends to rotate capital out of deteriorating names like Thermo Fisher and into high-conviction ideas like Dynatrace.
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The portfolio navigated a highly volatile, tariff-impacted quarter to outperform the S&P 500, utilizing AI secular trends to rotate capital out of deteriorating names like Thermo Fisher and into high-conviction ideas like Dynatrace.
Dodge & Cox Stock Fund outperformed the S&P 500's challenging Q1 (-4.3%) with a 3.54% gain, benefiting from a rotation to value stocks and a strong recovery in contrarian healthcare holdings like CVS.
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Dodge & Cox Stock Fund outperformed the S&P 500's challenging Q1 (-4.3%) with a 3.54% gain, benefiting from a rotation to value stocks and a strong recovery in contrarian healthcare holdings like CVS.
