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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.
Massif Capital's Real Assets Strategy recorded a 9.6% net return in Q4 2025, culminating in a 50.0% return for the full year, heavily supported by gold (Equinox Gold, G-Mining Ventures) and copper holdings. The letter provides...
— William M. Thomson
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