We will be sharing Q1 2025 hedge fund investor letters in this article. You can also see the hedge fund investor letters for 2024 Q4, 2024 Q3, 2024 Q2 ,2024 Q1, 2023 Q4, 2023 Q3 and 2023 Q2 by clicking the links.
Hedge Fund Investor Letters and Updates for 2025 Q1
- LVS Advisory ($HHH, $ICLR)
- Vltava Fund ($WSM, $URI, $BRK-B)
- Palm Valley Capital Fund ($CRI, $TBI, $FORR, $HTLD, $RGP, $KELYA, $FLO, $MNRO, $REYN)
- Lakehouse Capital Global Growth Fund’s January 2025 ($NOW)
- ClearBridge Investments Dividend Strategy ($CVS, $TEL)
- ClearBridge Investments Small Cap Growth Strategy ($GKOS, $RKLB, $KRMN, $AROC, $HIMS, $GERN)
- ClearBridge Investments Large Cap Growth Strategy ($TSLA, $GOOG, $SNPS, $ALC, $ICE, $SBUX, $MNST)
- Lakehouse Global Growth Fund’s February 2025 ($AMZN, $MELI)
- Black Bear Value Fund ($BLDR, $CNR, $HCC, $FLG, $ABG)
- Lakehouse Capital Global Growth Fund’s March 2025 ($TW, $SE)
- ClearBridge Investments Value Strategy ($GILD, $ORCL, $VG, $NE, $DIS, $GS)
- Cedar Grove Capital Management ($HIMS, $LNSR)
- GreensKeeper Asset Management ($BRK.B, $VRTX, $CHKP, $ELV, $ICLR, $ICE, $GOOG, $AXP)
- Andvari Associates ($CSGP, $BAH, $TDG, $PM, $DHR, $MO, $AMT, $ORLY, $POOL, $SBAC)
- Headwaters Capital Management ($BRO, $CBZ, $TRNS)
- ClearBridge Investments Mid Cap Strategy ($EQT, $APP, $SAIL, $MCHP, $ASH, $IP)
- ClearBridge Investments Growth Strategy ($ABBV, $TJX, $VST, $CAVA, $CTAS, $MRVL)
- L1 Capital International Fund ($HCA, $GOOG, $AMAZN, $EXP, $MSFT)
- Aristotle Capital Value Equity Strategy ($ADBE, $APD, $HON, $MRP, $GOOG, $SONY)
- Heartland Advisors Value Fund ($CMCO, $PCH, $NGD)
- Vulcan Value Partners ($MSFT, $GOOG, $AMZN, $CRM, $ITRN, $PRG, $MEDP, $JLL, $SWK, $SWKS, $TPG)
- Oakmark Fund ($GOOG, $AIG, $STZ, $MPC)
- Middle Coast Investing ($ECG, $ACLS, $SON, $TRIP, $PTLO, $OMAB, $PGR, $ATRO, $GOOG, $DALN, $VMEO, $COF, $TSM, $ATKR)
- Alger Spectra Fund ($AMZN, $MSFT, $SPOT, $HEI, $NVDA, $GFL)
- Fiduciary Management Inc. ($ALLE, $FCFS)
- Oakmark Equity and Income Fund ($MOH)
- Oakmark Select Fund ($ICE)
- Oakmark International Fund ($LVMUY, $RTO, $WPP, $FLUT)
- Oakmark Global Fund ($LYG, $ABNB, $SYY)
- Wedgewood Partners ($V, $ORLY, $GOOG, $PYPL, $URI)
- Alger Small Cap Focus Fund ($WSG, $GWRE, $XMTR, $FTAI, $AGYS
- Giverny Capital Asset Management ($MEDP, $KNSL, $BLDR, $KMX, $PGR, $TWFG, $FIVE, $AAON, $ANET)
- Wasatch Global Investors Small Cap Growth Strategy ($AGYS, $FRPT, $RBC, $GLOB, $BROS)
- Longleaf Partners Fund ($ACI, $BIO, $CNX, $PYPL, $FDX, $PVH, $MAT, $RTX, $IAC)
- Heartland Mid Cap Value Fund ($MIDD, $TDY, $PRGO)
- Heartland Advisors Value Plus Fund ($THG, $GTES, $FCFS)
- Ariel Investments Appreciation Fund ($MIDD, $MAT, $ADT, $BIO, $KN, $NCLH, $OSW, $SLB)
- Merion Road Capital ($GOOG, $MCEM, $BUKS)
- Upslope Capital Management ($ATR, $TDY, $MKTX, $VFC, $CRL)
- Aristotle Atlantic Core Equity Strategy ($NOW, $AVGO, $GH, $ICE, $ADI)
- Madison Mid Cap Fund ($TREX, $MKSI, $CSL, $AWI, $KNSL, $ACGL, $WRB, $ROST, $IT, $BRO)
- Ariel Fund ($LESL, $ATGE, $SJM, $PARA, $SPHR)
- Miller Value Partners Deep Value Strategy ($GTN, $GCI, $NBR, $JELD)
- JDP Capital Management ($SPOT, $ENDI, $CZR, $RDFN)
- Patient Opportunity Equity Strategy ($CVNA, $NFE, $JD, $ILMN, $SDRL, $PLAY, $RPRX, $CVS, $BABA)
- Aristotle Atlantic Large Cap Growth Strategy ($V, $TSLA, $CRWD, $TECH, $ORCL, $DDOG)
- Mar Vista’s U.S. Quality Select Strategy ($V, $AVGO, $JNJ, $CRM, $PEP, $NVDA, $MSFT, $BRK-B)
- Greenlight Capital ($CNR, $BHF)
- Carillon Eagle Mid Cap Growth Fund ($COR, $CELH, $WCN, $DECK, $TTD, $APP, $MRVL, $DDOG, $RBA)
- Madison Large Cap Fund ($ACN, $FERG, $FI, $USB, $ELV, $NKE)
- Plural Investing ($SEG)
- Madison Dividend Income Fund ($HON)
- White Falcon Capital Management ($EPAM, $DAVA, $GRFS)
- SouthernSun Asset Management Small Cap Strategy ($EPAC, $TKR, $BOOT, $MOD, $PII, $EXTR, $LOB)
- SouthernSun Asset Management SMID Cap Strategy ($BR, $WSO, $USPH)
- Ithaka US Growth Strategy ($NVDA, $UBER, $TTD, $NOW, $V, $PLTR)
- Conestoga Capital Advisors ($ESE, $CWST, $SPSC, $ROAD, $WK, $VERX, $DSGX, $ROL, $HEI-A, $BFAM, $QTWO, $RBC, $MMSI, $AAON, $OLO, $TRNS, $TKNO, $ERII, $WLDN, $SSTI, $CCCS, $PLMR, $PCTY, $KIDS, $MEG, $VCEL, $ROP, $TECH, $VRSK, $GNRC, $RGEN, $ALGN, $WST, $WCN, $IT)
- Third Point Management ($CSGP)
- NZS Capital ($HEI)
- O’Keefe Stevens Advisory ($DFIN, $FPH, $CMP)
- 1 Main Capital Partners ($THRD, $ARVN)
- Artisan Partners Mid Cap Fund ($WST, $SPOT, $ASND, $ANET, $SAIA, $SNOW, $DDOG, $BBY, $ILMN, $DASH, $BFAM, $DECK, $MRVL, $BKR, $VIK, $CCCS, $AZO)
- Diamond Hill Small Cap Fund ($HLIO, $UGI, $COOP, $AVNS, $FA, $LOB, $TFIN, $ALGT, $IGIC, $TGB, $NSP, $CIVI)
- Greystone Capital Management ($NRP, $BELFB, $FC, $XPOF)
- Mairs & Power Balanced Fund ($DIS, $GOOG, $ABT, $TECH, $MSI, $QCOM, $TXN, $WEC)
- Baron Focused Growth Fund ($SPOT, $TSLA, $H, $GWRE, $DNUT, $IDXX, $CSGP)
- Deep Sail Capital ($ANET)
- Ace River Capital ($RICK, $HZO, $VOXR)
- Heartland Advisors Opportunistic Value Equity Strategy ($JBHT, $DCI)
- Buckley Capital ($VRNA, $LQDA)
- RF Capital Management ($SFM)
- Third Avenue Management Small-Cap Value Fund ($PRA, $BATRA, $FPH, $TDW, $BXC)
- Optimist Fund ($CVNA, $TDUP, $UBER, $RVLV, $W, $FA)
- Springview Capital Management ($WS,$ MCY, $SEG)
- Baron Health Care Fund ($ISRG, $VRTX, $MASI, $BSX, $PEN, $HQY, $GKOS, $UNH, $MCK, $ACLX, $RDNT, $WAT)
- Diamond Hill Capital Large Cap Fund ($AIG, $ABT, $TGT, $HCA, $BRK-B, $GM, $MET, $GIS, $COF, $LULU, $RRX)
- Baron Technology Fund ($NVDA, $AMZN, $GDS, $AVGO, $CSGP, $TTD, $TEAM)
- The London Company Small Cap Strategy ($ACIW, $THG, $ATKR, $SGI, $UNF, $DV, $RVLV, $MC, $CNNE, $NGVT)
- The London Company Mid Cap Strategy ($BRKR, $OTIS, $SWKS, $CCI, $AER, $ALLY, $ENTG)
- The London Company Large Cap Strategy ($PGR, $ODFL, $HD, $BRK-B, $GOOG, $FDX, $RSG)
- Polen Capital U.S. Small Company Growth Strategy ($EXLS, $BROS, $GSHD, $GLOB, $RVLV, $FOXF, $ELF, $TECH, $YETI, $MODG)
- Baron Real Estate Fund ($EQR, $AMH, $PLD, $BX, $BN, $CBRE, $JLL, $WYNN, $MAC, $TOL, $VNO, $TMHC, $LPX, $WELL, $CRH, $DLR, $LVS, $EQIX, $AMT)
- abrdn U.S. Small Cap Equity Fund ($MWA, $REVG)
- Aristotle Capital Global Equity Strategy ($CCJ)
- Aristotle Capital Small Cap Equity Strategy ($CMCO, $MTSI, $AGI, $ONB, $VVV, $HURN, $ADC, $MODV, $VECO)
- Polen Capital Focus Growth Strategy ($NVO, $AON, $SBUX, $ORCL)
- TimesSquare Capital Management U.S. Focus Growth Strategy ($EME, $IT, $COR, $CRWD, $VRSK, $BJ, $ORLY, $WCN, $TPG)
- Hotchkis & Wiley Mid-Cap Value Fund ($KOS, $CVS, $ADNT, $FLR, $FFIV, $AIG)
- Baron Discovery Fund ($MEG, $TEM, $KTOS, $WING, $EXAS, $AXON, $ACLX, $INDI, $KRMN)
- Clearbridge Investments Large Cap Value Strategy ($ORLY, $NOC, $NVO, $SRE, $EIX, $RTX, $AVGO, $GOOG)
- Carillon Eagle Growth & Income Fund ($CVX, $ABT, $MSFT, $ETN, $HPE, $ORCL, $ABBV)
- FPA Queens Road Small Cap Value Fund ($REVG, $SFM, $CNO, $CSWI, $PVH, $VSH, $SCHL, $OSK, $UGI, $IDCC)
- Renaissance Investment Management Large Cap Growth Strategy ($BJ, $AVGO, $ANET, $ABBV, $CPRT, $BRO, $MAR, $HON)
- Greenhaven Road Capital ($KFS, $KKR, $LFCR, $CLBT, $BUR, $PAR)
- Recurve Capital ($CCOI, $W)
- RS Large Cap Value Strategy ($ABBV, $ZBRA)
- Rewey Asset Management ($AEM, $ZYXI, $DCO)
- Polen Capital Global Growth Strategy ($ABT, $MELI, $WTW, $AMZN, $NVDA)
- Baron FinTech Fund ($MELI, $PGR, $MORN, $KKR, $TTAN, $HOOD, $TW, $APO, $XYZ)
- Sound Shore Fund ($TEVA, $CHKP, $PYPL, $DIS, $VST)
- Weitz Investment Management Multi-Cap Equity Fund ($BRK-B, $HEI, $GOOG, $PRM)
- Baron Small Cap Fund ($PAR, $RDNT, $IBTA, $SBAC, $IT, $TTD, $BWIN, $VRT, $KNSL)
- Carillon Eagle Small Cap Growth Fund ($AAON, $PCVX, $ANF, $SHAK, $ARIS, $SWTX, $PTGX, $FLYW)
- Loomis Sayles Global Growth Fund ($MELI, $AMZN, $GOOG, $TSLA, $NVS, $BABA)
- Wasatch Global Investors Micro-Cap Fund ($EZPW, $ADUS, $XPOF, $WEAV, $BOW, $HCI)
- SaltLight Capital Management ($SE)
- Matrix Asset Advisors ($TGT, $GNRC, $PEP)
- Sands Capital Technology Innovators Fund ($SE, $MELI, $OKTA, $APP, $NVDA, $TSM, $V, $DASH, $NOW, $KVYO, $CVNA, $RBLX)
- Alger Mid Cap Focus Fund ($APP, $MRCL, $ALAB, $PLTR)
- Maple Tree Capital ($DNUT, $ASO, $CRWD, $UPST, $RDDT, $UEC, $EA)
- Meridian Contrarian Fund ($HNST, $NGD, $CCJ, $AXS, $KRNT, $RDUS)
- Artisan Partners Value Fund ($DG, $NSRGY, $MAR, $PM, $PYPL, $MRK, $GOOG)
- Generation Investment Management Global Equity Strategy ($A)
- Impax Global Environmental Markets Fund ($A, $MSFT, $WM, $NVDA)
- Broyhill Asset Management ($PM, $BAX, $UBER, $DLTR, $FUN, $NTDOY, $AVTR)
- RiverPark Large Growth Fund ($UBER, $V, $NVDA, $AMZN, $MSFT, $UNH, $LLY, $GOOG, $AAPL, $SCHW)
- Sands Capital Select Growth Strategy ($DDOG, $AMZN, $AAPL, $AVGO, $UBER, $NET, $SPOT, $VG, $SNOW, $ICE)
- RGA Investment Advisors ($TSM, $BRKR, $LULU)
- Artisan Partners Small Cap Fund ($HALO, $KTOS, $MYRG, $BROS, $FRSH, $SG, $DAY, $SN, $MTSI, $FTAI, $GWRE, $VCYT, $ARIS)
- Appalaches Capital ($ACGL, $LAD, $ASML, $CSX, $CNI, $CME, $AZO, $LRCX)
- Artisan Partners Mid Cap Value Fund ($BAX, $XRAY, $NVT, $G, $PII, $PR, $BIO)
- Meridian Growth Fund ($OKTA, $HALO, $CARG, $ZD, $TNDM, $RBA)
- Jackson Peak Capital ($TSLA, $BABA, $PLTR, $META, $AVGO)
- Impax US Sustainable Economy Fund ($GILD, $PGR, $NOW, $EIX, $AWK, $GLOB)
- Diamond Hill Capital Mid Cap Strategy ($HII, $VRSN, $WCC, $VTR, $MLM, $ILMN, $TRU, $INFA, $TFX, $ASH)
- Artisan Select Equity Fund ($SHEL, $GOOG, $BABA, $BRK-B, $AXP)
- Sands Capital Global Growth ($GOOG, $XYZ, $IOT, $BLDR, $IRTC, $ISRG, $ENTG)
- Polen Capital U.S. SMID Company Growth Strategy ($BAH, $CRL, $FIX, $WING, $MANH, $ROAD, $SAIA, $PGNY, $PAYC, $ALGN, $ETSY
- Meridian Small-Cap Growth Fund ($LZ, $VCYT, $MMSI, $IMXI)
- Crossroads Capital Investment ($FTAI, $MGNI, $NTDOY, $CLMT)
- Hotchkis & Wiley Large Cap Fundamental Value Fund ($OLN, $MGA, $ELV, $GOOGL)
- The Brown Capital Management Small Company Fund ($MANH, $TYL, $GWRE, $VEEV, $RDVT, $INGN, $CTKB, $TXG, $GKOS, $DDOG, $BMI)
- Baron Growth Fund ($ACGL, $MTN, $MSCI)
- Columbia Threadneedle Global Technology Growth Strategy ($UBER, $V, $TMUS, $AVGO, $GOOG, $MSFT, $NVDA, $BABA, $MRVL, $NOW)
- Meridian Hedged Equity Fund ($AMZN, $V, $ICE, $ACVA, $GEO, $MGM)
- Tourlite Capital Management ($SOC, $FTAI, $FIP)
- Madison Sustainable Equity Strategy ($LLY, $PGR, $V, $LIN, $ECL, $GOOG, $COST, $UPS, $ORCL, $A)
- Loomis Sayles Small Cap Value Fund ($OPCH, $HRI, $VSEC, $CNXC, $ACA, $ECG)
- Ariel Investments Focus Fund ($B, $REZI, $CVX, $ORCL)
- Baron Asset Fund ($ROP, $SCHW, $TECH, $VRSK, $WST, $DKNG)
- Janus Henderson Forty Fund ($HWM, $DDOG, $ICE, $MRVL)
- Artisan Global Discovery Fund ($PRCT, $USFD)
- Prosper Stars & Stripes ($RGEN, $AMSC, $TLN, $MTLS, $FTRE, $FLYW, $COLD, $KRMN, $TRS, $RHP, $NSIT, $HELE, $KRNT, $XMTR)
- Silver Beech Capital ($BN, $FR)
- Long Cast Advisers ($RSSS, $QRHC, $CCRD)
- Ariel Investments Small Cap Value Strategy ($FAF, $LIND)
- Ariel Investments Global Fund ($CVS, $NTAP, $TSM, $OC, $BAC, $CHKP, $TDC, $AQN)
- Hardman Johnston Large Cap Equity Strategy ($MRVL, $VRT, $HWM, $VRTX)
- Bristlemoon Global Fund ($IBKR, $PINS, $PAR, $XPOF)
- Alger Weatherbie Specialized Growth Fund ($VSEC, $PLMR, $PGNY, $AGYS, $SMTC, $UPST)
- Conventum – Alluvium Global Fund ($BABA, $HCA, $MCK, $RHI, $GOOG, $DKS)
- Ave Maria Growth Fund ($RMBS)
- Hinde Group ($IBKR, $GOOG, $UBER, $NBN)
- Renaissance Investment Management Small Cap Growth Strategy ($FLYW, $UFPT, $HIMS)
- Kingdom Capital Advisors ($SUP, $NLOP, $UNFI, $MAGN, $AKA, $HCC)
- TimesSquare Capital Management U.S. Mid Cap Growth Strategy ($FROG, $HXL, $ALL, $ROST, $HOOD, $BC, $INSM, $TER, $FICO)
- Renaissance Investment Management International Small Cap Equity Strategy ($TGLS, $ITRN, $TSEM, $TIGO, $FINV)
- Baron Opportunity Fund ($MPWR, $SNOW)
- Baron Fifth Avenue Growth Fund ($IOT, $KKR)
