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 Capital is a highly concentrated small-cap value and special situations fund modeled after the early Buffett partnerships, delivering a strong 17.3% annualized net return since 2016 by exploiting market dispersion and institutional inefficiencies.
Full Quick Take
Crossroads Capital is a highly concentrated small-cap value and special situations fund modeled after the early Buffett partnerships, delivering a strong 17.3% annualized net return since 2016 by exploiting market dispersion and institutional inefficiencies.
Smoak Capital returned 32.4% in 2024 by exploiting structural mispricings in small-cap special situations. Avoidant of AI market hype, the fund focuses on concentrated positions in deeply undervalued businesses undergoing margin expansion, debt reduction, or corporate restructurings, such as QEP and FILA.
Full Quick Take
Smoak Capital returned 32.4% in 2024 by exploiting structural mispricings in small-cap special situations. Avoidant of AI market hype, the fund focuses on concentrated positions in deeply undervalued businesses undergoing margin expansion, debt reduction, or corporate restructurings, such as QEP and FILA.
