Deep Sail Capital Partners, an investment management company, released its first-quarter 2026 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund significantly outperformed both of its benchmarks, the Russell 2000 Mid Cap Growth Index and the Russell 2000 Index, returning 41.6% net of fees while averaging 88% net long exposure. YTD, the fund returned 16.5% net of fees. long portfolio significantly outperformed both benchmarks, while the short portfolio was mixed in the quarter. The letter states that there was a notable performance push in Q1, which was reflected in Q2, driven by both the Iran War and idiosyncratic impacts on positions in the fund. In addition, please check the Fund’s top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Deep Sail Capital Partners highlighted AmpliTech Group, Inc. (NASDAQ:AMPG). AmpliTech Group, Inc. (NASDAQ:AMPG) is a technology company that focuses on the design, engineering, and assembly of microwave component-based amplifiers and systems. On July 21, 2026, AmpliTech Group, Inc. (NASDAQ:AMPG) closed at $6.09 per share. One-month return of AmpliTech Group, Inc. (NASDAQ:AMPG) was -13.86%, and its shares gained 126.39% over the past 52 weeks. AmpliTech Group, Inc. (NASDAQ:AMPG) has a market capitalization of $154.31 million.
Deep Sail Capital Partners stated the following regarding AmpliTech Group, Inc. (NASDAQ:AMPG) in its Q2 2026 investor update:
“There were a few large detractors at the end of the Q1 that have reversed in Q2 including our two biggest contributors in Q2 Credo Technology and AmpliTech Group, Inc. (NASDAQ:AMPG). Amplitech (which I shared my long thesis in the fund’s Q1 investment letter) returned even more in Q2 at 266% driven on a narrative pushed by retail investors that Amazon has become a client and that their devices will be used in future satellite launches. The fund exited the position in May with a return of 166% because we believe this narrative is incorrect and the stock had reached our valuation target of $6. I had no idea Amplitech would get caught up in this retail bubble, but I’ll take the win and move on.”
AmpliTech Group, Inc. (NASDAQ:AMPG) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 5 hedge fund portfolios held AmpliTech Group, Inc. (NASDAQ:AMPG) at the end of the first quarter, compared to 7 in the previous quarter. While we acknowledge the risk and potential of AmpliTech Group, Inc. (NASDAQ:AMPG) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AmpliTech Group, Inc. (NASDAQ:AMPG) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered AmpliTech Group, Inc. (NASDAQ:AMPG) and shared Deep Sail Capital Partners’ views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q2 2026 page for more investor letters from hedge funds and other leading investors.
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Disclosure: None. This article is originally published at Insider Monkey.
