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 Mairs & Power Small Cap Fund lagged its benchmark in 2025 due to a speculative, risk-on environment, but the managers maintain high conviction in their quality-first approach as small-cap earnings show strong signs of recovery amidst historically cheap valuations.
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The Mairs & Power Small Cap Fund lagged its benchmark in 2025 due to a speculative, risk-on environment, but the managers maintain high conviction in their quality-first approach as small-cap earnings show strong signs of recovery amidst historically cheap valuations.
