We will be sharing Q3 2021 hedge fund investor letters in this article. You can also see the hedge fund investor letters for 2021 Q2, 2021 Q1,
.32020 Q4, and 2020 Q3 by clicking the links.
Hedge Fund Investor Letters and Updates for 2021 Q3
- Vltava Fund ($BRK-A, $BUR, $MKL, $JPM, $WLTW)
- Andvari Associates ($CHE)
- Worm Capital ($SPOT, $TSLA, $GM, $AMZN)
- Black Bear Value Partners ($BRK-A, $TPL, $AN)
- Headwaters Capital ($TRNS, $TREE, $FICO, $SPSC)
- Massif Capital ($SBLK)
- Palm Valley Capital ($THS, $AMRK)
- Rowan Street Capital ($SPOT)
- Qualivian Investment Partners ($WSO, $AMT)
- East 72 ($FDX, $BOWX, $FRPH, $MAC)
- Richie Capital Group ($VMD, $FICO, $MSCI , $INS, $FREE)
- Wedgewood Partners ($PGR, $TSCO, $MSI, $EW, $GOOG, $FB, $TSM, $UNH, $PYPL, $KEYS)
- Summers Value Partners ($ELMD, $NOTV)
- Ensemble Capital ($CMG, $ILMN, $MA, $NTDOY, $GOOG, $NFLX, $BKNG, $LSTR)
- Upslope Capital Management ($BWXT, $RBA, $BOWX)
- Fiduciary Management All Cap Equity Fund ($PCAR, $BRK-B)
- Fiduciary Management Small Cap Equity Fund ($BECN, $LGIH)
- Curreen Capital ($KTB, $CACC)
- Madison Dividend Income Fund ($EOG, $BKR)
- Madison Investors Fund ($PGR, $GOOG, $AMZN, $PPG, $PCAR, $TEL, $ADI)
- Cooper Investors Global Equities Fund (Hedged) ($ATVI, $AON, $ROP, $INTU, $BAX, $RYAN, $FERG)
- Madison Mid Cap Fund ($CNNE)
- Madison Small Cap Fund ($POWI, $OMI, $EHC, $CVET)
- Oakmark Funds’ Bill Nygren Market Commentary ($BAC, $GIS)
- White Brook Capital ($CCOI, $QRTEA, $HST)
- Merion Road Capital Management ($RCKY, $BLDR)
- Heartland Mid Cap Value Fund ($ABC, $EXC, $SPB)
- Heartland Value Plus Fund ($HAE, $FCFS, $POR)
- Heartland Value Fund ($BRY, $CVLG, $BBBY)
- Alger Mid Cap Focus Fund ($PINS, $GENI, $RNLX, $UPST, $GXO, $INMD)
- Greenlight Capital ($GRBK, $BHF, $SONO)
- Alger Weatherbie Specialized Growth Fund ($CLB, $NVRO, $OLLI, $GLOB, $PCTY)
- Alger Spectra Fund ($PYPL, $ROKU, $MSFT, $GOOG)
- Alger Small Cap Focus Fund ($PAYC, $MPWR, $RGEN, $NVRO, $SHAK, $CDNA)
- Polen Focus Growth ($PYPL, $IT, $CRM, $V, $MA, $FB, $AMZN, $ADSK, $ABNB, $ILMN)
- Steel City Capital ($SIGA, $ATEX, $LSYN, $NWSA)
- Alphyn Capital Management ($PSTH, $CRSS, $CFX)
- Baron Growth Fund ($MSCI, $SDGR, $VLD, $DNUT, $PENN)
- Tao Value ($BEKE, $TAL, $RBLX, $TEAM, $BILI, $API)
- Third Point Management ($PUK, $DELL, $UPST, $S, $RDS-A, $UNH)
- Alta Fox Capital ($IDT)
- Bireme Capital ($SKLZ, $GME, $GOTU, $FUBO, $RICK)
- Greystone Capital Management ($RSSS, $LSYN)
- Maran Capital Management ($AOUT, $CRSS, $CLAR, $TPB)
- Greenhaven Road Capital ($PAR, $APPS, $KKR, $MKTW, $ESTC)
- Third Avenue Management Value Fund ($DB, $DDAIF, $Z)
- Baron Real Estate Fund ($MGM, $WYNN, $CZR, $LVS, $GDS, $LEN, $HLMN, $H, $RRR, $JLL, $CBRE, $SWIM)
- Miller Income Strategy Fund ($CHS, $CC, $ENDP, $VALE, $APTS)
- Miller Opportunity Equity Fund ($VRM, $WW, $MTTR, $GM, $FTCH, $BABA)
- Miller Deep Value Strategy ($QUAD, $PBI, $NBR, $BBBY, $GCI)
- Baron Health Care Fund ($GDRX, $DNLI, $ARWR, $EAR, $TMO, $ZY, $NTRA, $STVN, $MRTX, $ZLAB, $BNTX, $MRNA, $XLRN, $ICLR, $ARE, $TECH)
- Oakmark Fund ($PCAR)
- Oakmark Global Fund ($CNHI, $IPG, $THC, $LYG)
- Oakmark Global Select Fund ($BABA, $GOOG)
- Oakmark International Fund ($VIPS, $TCOM)
- Third Avenue Management Real Estate Value Fund ($APTS, $LEN)
- Third Avenue Management Small-Cap Value Fund ($MSGE)
- Carillon Eagle Mid Cap Growth Fund ($FICO, $AMED, $ZEN, $RNG, $PINS, $CMG, $MSCI, $LPLA, $ALB, $MRNA)
- Carillon Eagle Small Cap Growth Fund ($NVRO, $GTLS, $DRNA, $TASK, $RSI, $ASAN, $EVH, $CRCT, $ARWR, $CCMP)
- Rowan Street Capital ($SPOT)
- Old West Investment Management ($FLGT)
- Smead Capital Management ($VTRS, $MAC, $DISCK, $AMGN, $OXY, $CLR)
- Bernzott Capital Advisors ($VNOM, $SSTK, $QUOT, $WSC, $TREE, $INOV, $MEDP, $ATIP, $ELY)
- Alluvial Capital Management ($WHLR, $CRAWA, $NUVR, $PX)
- 1 Main Capital ($LMB, $ATIP, $GREE)
- Longleaf Partners Fund ($IAC, $DISCK, $MGM, $CNHI, $CNX, $FDX, $LUMN)
- RGA Investment Advisors ($KW)
- Longleaf Partners International Fund ($BIDU, $BABA)
- Longleaf Partners Small-Cap Fund ($ESRT, $RNR, $MAT, $RE)
- Hayden Capital ($COIN)
- L1 Capital International Fund ($MA, $V, $GPK, $TMO, $LPX, $EXP, $BKNG, $ATVI, $BABA, $TSM)
- Horizon Kinetics ($LNG)
- Baron Discovery Fund ($SKIN, $INDI, $RAVN, $QLYS, $MCG, $SMRT, $BASE, $INGN, $CDNA, $MRCY)
- Baron Asset Fund ($FTCH, $FDS, $SFIX, $VRSK, $CDAY, $WST, $MKTX, $IT, $WIX, $CSGP, $ZI, $HUBS, $GDS, $RNG)
- Kinsman Oak Equity Fund ($RICK)
- Polen Global Growth ($MSFT, $AON, $BABA, $ACN, $GOOG, $ADDYY, $ICLR, $EL, $ZTS)
- Polen International Growth ($EDU)
- Bronte Capital Amalthea Fund ($AMC, $HLF)
- Diamond Hill Small Cap Fund ($GRBK, $LIVN, $KEX, $RRR, $PRG, $TBK, $FLOW, $TGB)
- Weitz Investment Management Partners III Opportunity Fund ($QRTEA, $FIS, $DNB, $GOOG, $LBTYA, $AON, $INS)
- Artisan Mid Cap Fund ($CHGG, $HUBS, $EXAS, $ENTG, $CDAY, $ASND, $CHWY, $IPGP, $SAM, $MQ, $NEO, $GPN)
- Artisan International Value Fund ($ING, $FMS, $BABA)
- Weitz Investment Management Hickory Fund ($ACIW, $AZO, $LH)
- Weitz Investment Management Value Fund ($CSGP)
- Giverny Capital ($J, $GOOG)
- Argosy Investors ($GO, $RRTS, $DFH, $JD)
- Polen U.S. Small Company Growth ($EEFT, $OLO, $SLP, $TRUP, $DAVA, $GSHD, $GLOB, $ENV)
- Polen U.S. SMID Company Growth Fund ($FTCH, $TRUP, $DT, $GLOB, $PAYC)
- Rhizome Partners ($CLPR, $BERY, $FRPH, $INDT, $HHC, $NUAN)
- Jefferies Group ($ATVI, $EA, $TTWO, $WMG, $RBLX, $FB, $SNAP)
- Greenwood Investors ($TWTR, $CTT)
- First Eagle Investment Management ($HCA, $BABA, $ABEV, $NEM, $TDC, $ORCL)
- Vulcan Value Partners ($AMAT, $CRM, $W, $SMRT, $GE, $UPST, $LRCX)
- LRT Capital Management ($HXL, $WSO, $TPL, $RGEN, $HRL, $NVO, $SCL, $DPZ, $TSCO, $BKI, $STNE, $MAR)
- FPA Queens Road Small Cap Value Fund ($SWM, $OSK, $SJI, $OMI, $SYNA, $MTZ, $CNXC, $HMN, $SFBS)
- Cedar Creek Partners ($NNUP, $SODI, $BMTX)
- Hazelton Capital Partners ($MU, $REGI)
- Mayar Capital ($JWN, $DBX)
- Luca Capital ($TDOC, $SNOW)
- Nomadic Value Partners ($BHG, $IAC)
- Long Cast Advisers ($PDEX, $SANW)
- RiverPark Large Growth Fund ($NOW, $PINS, $EXAS, $DXCM, $TWLO, $RNG, $SOFI, $GOOG, $SNOW, $BX, $ZG)
- Baron FinTech Fund ($FICO, $PYPL, $TOST, $CWAN, $FIS, $Z, $BILL, $GDYN, $DAVA, $SOFI)
- Baron Partners Fund ($SPOT, $TSLA, $ATVI)
- Davis Global Fund ($WFC, $BABA)
- Harding Loevner Global Equity Fund ($NVDA, $ASML, $BABA, $BIDU, $AMAT, $SNPS, $CSGP, $EL, $PINS)
- Harding Loevner International Small Companies Equity Fund ($GLOB)
- Davis Opportunity Fund ($GOOG, $AMZN, $INTC, $RTX, $CARR, $VTRS, $DGX, $TXN, $AMAT)
- Harding Loevner Global Small Companies Equity Fund ($EXPO, $ST, $BWA, $ENS, $RGEN, $CYBR, $OLLI)
- Artisan Global Discovery Fund ($DDOG, $IR, $TEAM, $ZNGA)
- Artisan Small Cap Fund ($EVOP, $SMAR, $OLO, $LSCC, $BTRS, $TWOU, $SI, $COMP, $GKOS, $QTWO, $PZZA)
- Artisan Value Fund ($ABBV, $DISCA, $PGH, $MS, $BX, $FDX)
- Saturna Capital ($STM, $TEAM)
- Saturna Capital Amana Funds ($AMGN, $GOOG, $IT, $PPG, $PFE)
- Saturna Capital Sextant Funds ($COST, $NKE, $SWK, $MSFT, $DASTY, $ABT, $ORCL)
- Baron Opportunity Fund ($MKFG, $NRDY, $BABA, $PINS, $CRWD, $PYPL, $TSLA, $TOST, $TRIP)
- Bonhoeffer Capital Management ($TIGO, $TIIAY)
- Baron Small Cap Fund ($ASGN, $CLVT, $IBP, $COLD, $HLLY)
- Tweedy, Browne Company ($IBA, $FMC)
- LRT Capital Management ($STNE, $GPN, $ROKU, $MELI, $AMAT, $DG, $RIVN)
- Canterbury Tollgate ($FB, $GDDY, $SONO)
- Choice Equities Capital Management ($GMS, $INVE, $FARM)
- Palm Capital ($BABA)
- Andaz Private Investments ($RKT, $INTC)
- Ariel Fund and Ariel Appreciation Fund ($JLL, $MDP, $MSGS, $GNTX, $NLSN, $MANU, $IPG, $SRCL, $SCHW, $MAS, $PGR)
- Ariel Focus Fund ($WU, $LMT, $VIAC, $MSGE, $BOKF, $MOS)
- Ariel International and Ariel Global Fund ($ELEZY, $NTDOY, $RHHBY, $TPR, $BIDU, $CBRE)
- Horos Asset Management ($BABA, $HCC, $TK, $TGP, $BKCC, $TGS, $PW, $MILC, $METC)
- Singular Research ($BYND, $AHH, $RCKY, $BMTX, $MMAT, $EDUC, $GBOX, $GENI, $NVEE)
- Voss Capital ($SWIR, $BXC)
- Goehring & Rozencwajg Associates ($RDS-A, $CVX, $XOM)
- McIntyre Partnerships ($MSGE, $GTX)
- FPA U.S. Core Equity Fund ($NFLX, $ADDYY)
- Dodge and Cox Stock Fund ($CI, $SNY)
- Tollymore Investment Partners ($ABNB, $NFLX, $UBER)
- ClearBridge Investments Value Equity Strategy ($CNHI, $GXO, $COTY)
- ClearBridge Investments Small Cap Value Strategy ($AMRN, $M, $MUSA)
- ClearBridge Investments Small Cap Strategy ($MGY, $DIBS)
- ClearBridge Investments SMID Cap Growth Strategy ($CVNA, $DOCU, $COUR, $STVN, $HUBS, $FTNT, $AVTR, $CRL, $CTLT, $ICLR)
- Desert Lion Capital ($SBSW, $KARO)
- Silver Ring Value Partners ($GTX)
- Weitz Investment Management Partners Value Fund ($MKTX, $IEX, $HEI, $FRC, $BKI)
- Miller Howard Investments ($NTAP, $LYB, $WBA, $OMF, $MGA, $TXN, $AVGO, $CSCO, $MRK, $GILD, $ABBV, $GIS, $POR, $OKE, $SR, $CNP, $SRE, $OMI, $MED, $ETRN, $SEM)
- ClearBridge Investments Global Infrastructure Value Strategy ($LNG, $EXC)
- Distillate Capital ($BABA, $HON, $TXN, $ORCL)
- ClearBridge Investments Sustainability Leaders Strategy ($MSFT, $DHR, $COST, $BLL, $AMGN, $MKC, $ON)
- ClearBridge Investments Small Cap Growth Strategy ($MRC, $PFGC)
- ClearBridge Investments Large Cap Value Strategy ($CSCO, $COP, $ORCL, $VRT, $LRCX, $UPS)
- ClearBridge Investments Mid Cap Strategy ($MNTV, $ROLL, $AME, $SUI, $MRVI, $HIG)
- ClearBridge Investments Mid Cap Growth Strategy ($CTXS, $ANET, $AVLR, $PINS, $DDOG, $TEAM, $XPO, $OLPX, $ZNGA)
- ClearBridge Investments Dividend Strategy ($ENB, $SRE, $WEC, $BX, $PXD, $WMB)
- ClearBridge Investments Large Cap Growth Strategy ($CRM, $AMZN, $FB, $SE, $NXPI, $ASML, $NFLX, $VMW, $NTNX, $UBER, $ETN, $BABA)
- ClearBridge Investments Multi-Cap Growth Strategy ($GH, $NUE, $MTCH)
- ClearBridge Investments Select Strategy ($MSM, $CME, $VTEX, $CLVT, $NOW, $SHOP, $WIX, $VRM)
- ClearBridge Investments International Growth EAFE Strategy ($ZLAB, $GRUB, $NICE, $CNP, $STNE)
- Gator Capital Management ($RLGY)
