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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.
The FPA Queens Road Small Cap Value Fund returned -0.36% in Q4 2025, lagging the Russell 2000 Value Index's 3.26%, but ended the calendar year up 13.36% vs. 12.59% for the benchmark. Underperformance during the...
— Steve Scruggs
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