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Equity Research Database
Institutional Investment Pitches
Explore thousands of hedge fund pitches, high-conviction equity research memos, and portfolio manager commentary extracted from quarterly letters.
Explore thousands of hedge fund pitches, high-conviction equity research memos, and portfolio manager commentary extracted from quarterly letters.
Ariel Appreciation Fund advanced +3.04% in the fourth quarter of 2025, outperforming the Russell Midcap Value Index (+1.42%) and the Russell Midcap Index (+0.16%). For the trailing...
— John W. Rogers
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Other investors who've written on FactSet Research Systems Inc.
FactSet was added as a new position because of its deeply embedded data tools that enjoy very high customer switching costs. The manager believes...
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