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.
Carrington added to US and Chinese equity holdings during Q4, while maintaining a cautious stance on stretched US valuations and utilizing short-duration bonds and gold to protect against persistent inflation risks.
Full Quick Take
Carrington added to US and Chinese equity holdings during Q4, while maintaining a cautious stance on stretched US valuations and utilizing short-duration bonds and gold to protect against persistent inflation risks.
The Longleaf Partners Small-Cap Fund underperformed the broader market in Q4 2024 but grew value per share over the full year. The managers maintain strong conviction in their concentrated portfolio of deeply discounted, cash-generative small-cap businesses.
Full Quick Take
The Longleaf Partners Small-Cap Fund underperformed the broader market in Q4 2024 but grew value per share over the full year. The managers maintain strong conviction in their concentrated portfolio of deeply discounted, cash-generative small-cap businesses.
The NewBridge Large Cap Growth portfolio posted a positive return in Q4 but lagged its benchmark due to an underweight in Tesla and holding Uber, while actively positioning for secular growth via new stakes in Reddit and Tradeweb.
Full Quick Take
The NewBridge Large Cap Growth portfolio posted a positive return in Q4 but lagged its benchmark due to an underweight in Tesla and holding Uber, while actively positioning for secular growth via new stakes in Reddit and Tradeweb.