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.
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.
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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.
Akre Focus Fund experienced a tough Q3 2025 (-3.65% for Institutional) driven by a drawdown in Constellation Software, but the manager remains steadfast and has announced a conversion from a mutual fund to an ETF on October 27 to achieve superior tax efficiency.
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Akre Focus Fund experienced a tough Q3 2025 (-3.65% for Institutional) driven by a drawdown in Constellation Software, but the manager remains steadfast and has announced a conversion from a mutual fund to an ETF on October 27 to achieve superior tax efficiency.
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.
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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.