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.
In its inaugural year-end letter, 8th Wonder Investments highlights a highly successful exit from Warner Bros. Discovery and explains why it is aggressively buying the dip in Constellation Software and Topicus during an AI-driven market panic.
Full Quick Take
In its inaugural year-end letter, 8th Wonder Investments highlights a highly successful exit from Warner Bros. Discovery and explains why it is aggressively buying the dip in Constellation Software and Topicus during an AI-driven market panic.
REQ Capital views the 2025 sell-off in vertical market software and niche compounders as a sentiment-driven mispricing, actively deploying cash into high-quality platforms at highly attractive long-term entry multiples.
Full Quick Take
REQ Capital views the 2025 sell-off in vertical market software and niche compounders as a sentiment-driven mispricing, actively deploying cash into high-quality platforms at highly attractive long-term entry multiples.
Andvari focuses on holding dominant, high-margin businesses with strong pricing power and secular growth drivers. While shifting interest rate expectations temporarily pressured cell tower REITs and CoStar, the fund's operational engines remain highly robust. Guided by a patient compounding philosophy, the fund maintains high conviction in its core software and infrastructure holdings to deliver market-beating long-term returns.
Full Quick Take
Andvari focuses on holding dominant, high-margin businesses with strong pricing power and secular growth drivers. While shifting interest rate expectations temporarily pressured cell tower REITs and CoStar, the fund's operational engines remain highly robust. Guided by a patient compounding philosophy, the fund maintains high conviction in its core software and infrastructure holdings to deliver market-beating long-term returns.
