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.
ClearBridge underperformed its benchmark in Q4 2025 but enters 2026 with sharpened positioning, aiming to exploit extreme historic value spreads and non-tech AI adoption.
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ClearBridge underperformed its benchmark in Q4 2025 but enters 2026 with sharpened positioning, aiming to exploit extreme historic value spreads and non-tech AI adoption.
The Oakmark International Strategy returned 4.09% in Q3 2025, underperforming its benchmark. The manager took advantage of market volatility to initiate seven new positions and eliminate nine, remaining highly confident in undervalued international equities.
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The Oakmark International Strategy returned 4.09% in Q3 2025, underperforming its benchmark. The manager took advantage of market volatility to initiate seven new positions and eliminate nine, remaining highly confident in undervalued international equities.
Lyrical delivers strong YTD performance across US (+15.7% Net CS) and International (+30.6% Net) strategies, powered by an 'uncommon combination' of cheap valuations (12.6x forward P/E) and superior EPS growth (>10% CAGR).
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Lyrical delivers strong YTD performance across US (+15.7% Net CS) and International (+30.6% Net) strategies, powered by an 'uncommon combination' of cheap valuations (12.6x forward P/E) and superior EPS growth (>10% CAGR).
