We will be sharing Q1 2024 hedge fund investor letters in this article. You can also see the hedge fund investor letters for 2023 Q4, 2023 Q3, 2023 Q2, 2023 Q1, 2022 Q4, 2022 Q3 and 2022 Q2 by clicking the links.
Hedge Fund Investor Letters and Updates for 2024 Q1
- ClearBridge Investments Large Cap Growth Strategy ($PANW, $WDAY, $UNH, $PYPL)
- Palm Valley Capital Management ($MLR, $CRD/A, $SSRM, $AAP, $NWN, $TBI, $GENC, $KELYA, $WLY, $NVDA, $GOOG, $META)
- Oakmark Fund ($DE, $DAL, $KVUE)
- Oakmark Select Fund ($LBRDA)
- Oakmark Global Fund ($CNC)
- Oakmark Global Select Fund ($FI, $CHTR, $IQV)
- Oakmark International Fund ($BAYRY, $SNN)
- Oakmark Equity and Income Fund ($HCA)
- Vltava Fund ($LMT, $LH, $CE)
- Black Bear Value Partners ($AN, $PAG, $BLDR, $CEIX)
- Headwaters Capital Management ($UFPT, $QLYS, $CLMB)
- ClearBridge Investments Small Cap Growth Strategy ($SMCI, $MSTR, $NVDA, $CNMD, $RDNT, $MEDP, $INSM, $INTA, $DUOL, $ELF, $VKTX)
- Cove Street Capital Small Cap Value Fund ($SSP, $VSAT, $LFCR, $CMP, $LTRPA, $CLMB, $OUT, $WMT, $PKE, $HNRG, $TBRG, $RDVT, $GLDD, $DCO)
- Alphyn Capital Management ($KKR, $FRFHF, $AMZN, $ESAB, $LBRDA, $KFS, $DSGR, $OCSL, $CCOI)
- Artisan Partners Mid Cap Fund ($CMG, $SWAV, $SPOT, $TEAM, $ON, $EXAS, $DASH, $GDDY, $VRT, $XYL, $NVR, $EFX, $LULU, $BJ, $RGEN, $POOL, $WCC)
- White Brook Capital Partners ($RILY, $PETQ)
- Heartland Advisors Mid Cap Value Fund ($DCI, $HSY, $PRGO)
- Heartland Advisors Value Fund ($GTLS, $BWXT)
- Heartland Advisors Value Plus Fund ($MHK, $KMT)
- Aristotle Capital Value Equity Strategy ($ADBE, $XEL, $MLM, $CTVA, $PSX, $SYY, $LOW, $TTE)
- Leaven Partners ($LSF)
- Ensemble Capital Management ($NKE, $BR, $FAF, $NFLX, $PRM, $RACE, $IEX)
- Miller Value Partners Income Strategy ($UGI, $MPW, $CHRD, $MED, $MSTR, $STLA, $JXN)
- Wedgewood Partners ($CDW, $CPRT, $BKNG, $POOL, $SPGI, $V, $PYPL)
- Fiduciary Management Inc ($GTES, $SCHW)
- Andvari Associates ($CSGP, $MO)
- L1 Capital Long Short Fund ($TECK, $CVE, $CRH, $NXE)
- Madison Investors Fund ($PCAR, $FI, $ACGL, $PGR, $LBRDA, $DLTR, $ADI, $ACN, $BDX)
- Madison Dividend Income Fund ($XOM)
- Madison Mid Cap Fund ($BF-B, $CFR, $TTWO, $BAM)
- Merion Road Capital ($CLH, $BSET)
- Madison Small Cap Fund ($CCOI, $CHRD, $HCP, $MWA, $PTC)
- Polen Capital Focus Growth Strategy ($NVDA, $AMZN, $TSLA, $NFLX, $MSFT, $ADBE, $META, $ZTS, $NKE, $PAYC, $PYPL, $NOW, $TMO, $ABT)
- Polen Capital Global Growth Strategy ($SAP, $AAPL, $ABNB, $NSRGY, $GLOB, $ACN, $WDAY)
- Ace River Capital ($RICK, $VOXR)
- Ithaka US Growth Strategy ($MSFT, $AMZN, $NVDA, $LULU, $ADBE, $AAPL)
- White Falcon Capital Management ($DAVA, $LFCR, $FNV)
- Patient Capital Management Opportunity Equity ($META, $NVDA, $COIN, $C, $EXPE, $SOFI, $PTON, $BIIB
- Cooper Investors Global Equities Fund ($CME, $AER, $LPX, $DHR)
- LVS Advisory ($BAH, $CACI)
- Baron Health Care Fund ($MRK, $LLY, $ISRG, $ACLX, $RGEN, $ZTS, $UNH, $IRTC, $RCKT, $BSX, $ICLR, $NTRA, $SYK, $SGRY, $IMVT, $SWAV, $EXAS, $HUM
- Blue Tower Asset Management ($SCHW, $BERY)
- Bernzott Capital Advisors US Small Cap Value Fund ($AROC, $VNOM, $HCI, $LANC, $MP, $PLXS, $PCH)
- Baron Real Estate Fund ($CSGP, $TOL, $LEN, $IBP, $CZR, $AMT, $REXR, $VMC, $HLT, $EQIX, $MTN)
- Praetorian Capital ($AMRK, $VAL, $JOE, $TDW)
- SouthernSun Small Cap Strategy ($DY, $BOOT, $MBUU, $MGPI)
- SouthernSun SMID Cap Strategy ($SAM)
- Choice Equities Capital Management ($CROX, $SHAK, $PAR, $HEES)
- Miller Value Partners Deep Value Strategy ($TPC, $GTN, $FOSL, $LNC)
- Atai Capital Management ($TPB)
- The London Company Large Cap Strategy ($PGR, $MLM, $BRK.B, $NSRGY, $SBUX, $APD, $AAPL)
- Laughing Water Capital ($CTLT, $HALO, $LFCR, $CDMO, $NN, $TACT, $PAR, $THRY)
- Alluvial Capital Management ($NLOP, $GTX, $PX, $MRC, $FTLF, $CRAWA)
- Greenhaven Road Capital ($PAR, $CLBT, $BUR, $SPHR, $KKR)
- The London Company SMID Cap Strategy ($DECK, $AWI, $LANC, $DAVA, $CHDN, $CABO, $TTC)
- The London Company Small Cap Strategy ($DOOR, $VNT, $QLYS, $TPX, $CERT)
- Greenlight Capital ($CEIX, $PENN, $HPQ, $ROIV, $LBTYA, $TECK, $NYCB, $FHN, $THC)
- Maran Capital Management ($APG, $CLAR)
- Vulcan Value Partners ($LYV, $KMX, $SBUX, $NICE, $KKR, $CCK, $GE, $AMZN, $MEDP, $MSFT, $CRM, $CNM, $TDG)
- O’keefe Stevens Advisory ($EAF, $BLKB, $AER, $ROKU, $BGC, $EXPI)
- Rowan Street Capital ($CMG, $TTD)
- Greystone Capital Management ($NNBR, $IVFH)
- Third Point Management ($VST, $AAP, $TSM, $GOOG)
- Baron Asset Fund ($VRSK, $DAY, $FDS, $TTD, $ACGL, $IT, $TECH, $ANSS, $VRSN, $PCOR, $SPOT)
- Diamond Hill Capital Small Cap Fund ($RRR, $LANC, $FTAI, $UFPT, $WNS, $OEC, $PLOW, $LEU, $OZK, $LOB)
- Bronte Capital Amalthea Fund ($HIBB, $GOOG)
- Baron Discovery Fund ($KNSL, $CYBR, $DAVA, $NARI, $DKNG, $NVTS, $CDNA, $RH, $MASI, $ALGM, $INTA, $ICHR, $RGEN)
- Silver Ring Value Partners ($PHIN, $WBD)
- Silver Beech Capital ($WSC, $CROX, $C)
- Long Cast Advisers (PESI, CCRD, SNES)
- Longleaf Partners Fund ($FDX, $FIS, $CNX, $LBRDA, $WBD, $FRFHF)
- Gator Capital Management ($NYCB)
- Polen Capital U.S. Small Company Growth Strategy ($WING, $CNM, $APPF, $SMCI, $GLOB, $BMBL)
- Conestoga Capital Advisors Small Cap Strategy ($CCCS, $AXON, $PLOW, $ROAD, $VCEL, $CWST, $AAON, $TREX, $NEOG, $MRCY, $FOXF, $WK, $EXPO)
- Conestoga Capital Advisors Smid Cap Strategy ($BFAM)
- Conestoga Capital Advisors Micro Cap Strategy ($BWMN, $SMLR, $PLMR, $WLDN, $DGII, $SSTI, $TKNO, $NVEE)
- Conestoga Capital Advisors Mid Cap Strategy ($TECH, $ANSS, $FIVN, $TFX, $VEEV, $WST, $FTNT, $WCN, $CPRT, $LSPD)
- Aristotle Atlantic Focus Growth Strategy ($NVDA, $AAPL, $SPGI, $ADPT, $EXPE, $TSLA)
- Artisan Partners Value Fund ($META, $WBD, $UPS, $ACGL, $HUM, $NFLX)
- Aristotle Atlantic’s Core Equity Strategy ($DAR, $ZTS)
- Aristotle Capital Small Cap Equity Strategy ($AZEK, $MODV, $QDEL, $PWSC, $ATNI, $ITRI)
- Baron FinTech Fund ($PGR, $NU, $APO, $FI, $GLOB, $MA)
- Baron Emerging Markets Fund ($ZLAB, $HDB, $KB, $TSM, $TME)
- Baron Fifth Avenue Growth Fund ($MSFT, $GOOG, $NVDA, $AMZN, $META, $RIVN, $TSLA, $CPNG, $MBLY)
- Baron Small Cap Fund ($VRT, $NEOG, $FOXF, $EXPO)
- Artisan Partners Small Cap Fund ($IOVA, $WING, $VCYT, $WK, $MKTX, $FLEX, $SMCI, $MSTR, $FND, $ELF, $SN, $AXNX, $DV, $MPWR, $ONTO, $ONON)
- Polen Capital U.S. SMID Company Growth Strategy ($DAVA, $EXLS, $RVLV)
- 180 Degree Capital Corp. ($LRTX, $QMCO, $SNCR, $SCOR, $QBTS, $PBPB, $AREN)
- Harding Loevner Global Equity Strategy ($META, $GLOB, $NVDA, $NFLX, $CRM)
- Weitz Investment Management Large Cap Equity Fund ($GOOG, $CHTR, $FIS)
- Carillon Eagle Mid Cap Growth Fund ($CELH, $CRWD, $VRT, $SWAV, $MLM, $U, $MKTX, $LULU, $SBAC, $PLNT, $ROK, $SAP)
- RiverPark Large Growth Fund ($META, $NVDA, $NFLX, $DIS, $UBER, $SNAP, $AAPL, $ADBE, $NKE, $FIVN)
- Carillon Eagle Small Cap Growth Fund ($SMCI, $VNOM, $VKTX, $WING, $FRSH, $SMAR, $FIVE, $WCC)
- Baron Durable Advantage Fund ($ADBE, $SPGI, $AVGO, $CSGP)
- Baron Partners Fund ($IRDM, $H, $TSLA)
- Voss Capital ($ALTG, $PAR, $RCM, $SWI, $RTO, $GENI)
- Alger Weatherbie Specialized Growth Fund ($PI, $CWST, $XMTR, $NTRA, $NVRO)
- Diamond Hill Large Cap Strategy ($HCA, $AIG, $ALL, $CAT, $EXR, $GM, $SBAC, $HUM, $BWA, $LH, $SYY, $HEY)
- Lakehouse Capital’s April 2024 Investor Letter ($GOOG, $SE, $NOW, $ADYEY)
- FPA Queens Road Small Cap Value Fund ($FN, $DECK, $PVH, $SFM, $UNFI, $CNXC, $MTZ, $ALTM, $UGI, $IDCC)
- Bonhoeffer Capital Management ($AN, $TIGO, $ODFL, $WBD, $ARW)
- Harding Loevner Emerging Markets Equity Strategy ($KOF, $MELI, $HDB)
- Polen Capital Emerging Markets Growth Strategy ($HDB, $TME, $NTES, $BABA, $ATHM, $DLO)
- Ariel Investments Small Cap Value Strategy ($SPHR, $LAZ, $NVT, $LIND, $OSW, $DNB, $MGPI)
- Artisan Partners Value Income Fund ($CRBG, $NVT, $LAMR, $UHT, $CABO, $LNT, $PHG, $EVRG, $RYAAY)
- Ariel Fund ($NVST, $MHK, $MSGE, $PARA, $ATGE)
- Diamond Hill Capital Mid Cap Strategy ($RRX, $POST, $PH, $ADM, $WCC, $GNRC, $FANG, $JCI)
- Alger Small Cap Growth Fund ($WING, $VKTX, $MASS, $SHAK, $NEOG)
- Artisan Partners Select Equity Fund ($PGR, $BABA, $AXP, $EXPE, $XRAY)
- Wasatch Global Investors Micro Cap Value Strategy ($ARIS, $HCI, $PI, $LTRX, $BIGC, $LSEA, $GCMG, $CMTL, $AMRK, $HAYN, $FC, $RMR, $CLW)
- Ave Maria Growth Fund ($MKC, $SIMO, $XPEL)
- Baron Opportunity Fund ($VKTX, $INDI)
- Diamond Hill Capital Select Strategy ($COOP, $WBS, $ESAB, $PEF)
- Carillon Eagle Growth & Income Fund ($ETN, $AVGO, $MRK, $AMT, $MDLZ, $MCD, $JPM, $AMGN, $UNH)
- Wasatch Global Investors Small Cap Growth Strategy ($MEDP, $NVMI, $HQY, $YETI, $CWAN, $FIVN, $AGYS, $NEOG)
- Ariel Investments Focus Fund ($PHIN, $APA, $MOS, $REZI, $GOLD, $SJM, $CLB)
- Alger Mid Cap Growth Fund ($GLOB, $CELH, $VRT, $ON, $MDB)
- Next Century Growth Investors Micro Cap Strategy ($GSHD, $QNST, $SDHC, $PBPB, $ACCD)
- Ariel Investments Appreciation Fund ($BIO, $KN, $WBA)
- Ariel Investments Global Fund ($DVA, $BIDU, $INTC, $APTV, $CVS, $JD, $STLA, $COF, $TDC
- Mar Vista Strategic Growth Strategy ($AMZN, $GXO, $EFX)
- Mar Vista Focus Fund ($DIS, $TDG, $MSFT, $ADBE, $NKE, $AAPL, $HON)
- Moon Capital Management ($BTI)
- RGA Investment Advisors ($META, $MRVI, $DHR)
- Artisan Partners Mid Cap Value Fund ($CAE, $UHAL, $VNT, $LKQ)
- Wasatch Global Investors U.S. Select Strategy ($MKTX, $FIVE, $GLOB, $TREX)
- Wasatch Global Investors Micro Cap Growth—U.S. Strategy ($CYBR, $AORT, $LPRO, $PNTG, $VKTX)
- Ave Maria World Equity Fund ($ETN, $HBD, $SAP, $FG, $CTLP, $UFPT)
- ClearBridge Investments Small Cap Value Strategy ($STER, $CORT, $AMN, $QDEL, $EXP, $AESI, $ITRI, $SGH, $QCOM)
- Meridian Small Cap Growth Fund ($CCSI, $QDEL, $FORR, $BYRN, $NGNE, $SG)
- Carillon Scout Mid Cap Fund ($DAR, $PLTR, $EW, $DELL, $BMRN, $ADC, $FOUR)
- TimesSquare Capital Management U.S. Small Cap Growth Strategy ($IAC, $IAS, $BOOT, $WING, $BJ, $ATGE, $SMPL, $MTDR, $WHD, $VCTR, $SAFT, $PRA, $FLYW, $ASND, $HQY, $KRYS, $RAPT, $ATRC, $EME, $ESAB, $RRX, $WNS, $EXPO, $VERX, $FROG, $ONTO, $SMAR, $SYNA, $WK, $CWAN, $AVNT)
- ClearBridge Investments Select Strategy ($PODD, $LAMR, $FANG, $SGRY, $APP, $SAIA)
- TimesSquare Capital Management U.S. Focus Growth Strategy ($RNR, $LNG, $ORLY, $VEEV, $CRWD, $VRSK, $SNPS, $LEGN, $COR)
- Meridian Contrarian Fund ($NVTS, $SGH, $BEPC, $THC)
- ClearBridge Investments SMID Cap Growth Strategy ($DT, $SUM, $FRSH, $XPO, $VRT, $CNMD, $MMS)
- Brown Capital Management Small Company Fund ($QDEL, $APPF, $VCEL, $XMTR, $SMCI, $TXG, $INSP, $AGYS)
- Brown Capital Management Mid Company Fund ($EXPE, $TYL, $MANH, $VEEV, $FIVN, $FICO, $MKTX)
- ClearBridge Multi Cap Growth Strategy ($ODFL, $GWW, $ELF, $TSCO)
- Meridian Growth Fund ($IRDM, $TRMB, $RBA, $SHC, $ACVA)
- ClearBridge Investments All Cap Growth Strategy ($MDB, $WDAY, $PYPL, $UNH)
- Carillon Chartwell Small Cap Growth Fund ($QDEL, $IAS, $WOLF, $RMBS, $FIX)
- ClearBridge Investments Global Growth Strategy ($TDG, $AVGO, $MCK, $MNDY)
- Meridian Hedged Equity Fund ($SBH, $LBRDA, $RIVN, $VST, $NVDA, $AMZN)
- ClearBridge Investments Mid Cap Strategy ($APTV, $ETSY, $VYX, $HIG, $ARE, $PPL, $FERG, $ACGL)
- Third Avenue Management Real Estate Value Fund ($SUI, $CBRE)
- Third Avenue Management Small-Cap Value Fund ($FIX, $SPHR)
- Third Avenue Management Value Fund ($DB)
- Palm Harbour Capital ($IGT)
- TimesSquare Capital Management U.S. Mid Cap Growth Strategy ($FIVE, $APTV, $IBKR, $EHC, $WCN, $NICE, $CYBR, $HXL, $ESTC)
- Argosy Investors ($DAVA, $DEO, $TBBB)
- Parnassus Investments Value Equity Fund ($PGR, $FIS, $CMI, $INTC, $GILD, $BEP, $SPGI, $NICE, $PFE, $CHTR, $BMRN)
- Diamond Hill Capital Long-Short Fund ($C, $IBM, $POWL, $RCL, $YETI, $META, $DIS, $PLMR
- ClearBridge Investments Global Infrastructure Value Strategy ($CEG, $CSX, $AMT)
- Next Century Growth Investors Small Cap Strategy ($CYBR, $GLOB, $MNDY, $DV, $VCEL, $CAVA, $PAY)
- ClearBridge Investments Value Equity Strategy ($BIIB, $BAC, $ORCL, $AIG)
- Lakehouse Capital ($AMZN, $MELI)
- Artisan Partners Global Equity Fund ($NVO, $GE, $NTRA, $PEP)
- Artisan Partners Global Discovery Fund ($CELH, $SAIA, $TYL, $VEEV, $SPGI, $BSX)
- Alger Focus Equity Fund ($TSLA, $ADBE, $SNOW, $MSFT, $META, $NVDA)