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 'Carry Bubble' is popping, setting up a massive rotation into real assets. The managers are rotating gold profits into extremely cheap oil and remain highly bullish on uranium, while turning neutral on copper.
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The 'Carry Bubble' is popping, setting up a massive rotation into real assets. The managers are rotating gold profits into extremely cheap oil and remain highly bullish on uranium, while turning neutral on copper.
City Different generated exceptional outperformance in Q3 2025 led by Tidewater and nuclear energy holdings, while warning that current AI valuations have reached highly speculative, frothy territory.
Full Quick Take
City Different generated exceptional outperformance in Q3 2025 led by Tidewater and nuclear energy holdings, while warning that current AI valuations have reached highly speculative, frothy territory.