Fidelity Investments, an investment management company, recently published its Q4 2025 “Fidelity Growth Strategies Fund” investor letter. A copy of the letter can be downloaded here. The Fidelity Growth Strategy is a diversified equity strategy targeting domestic mid-cap growth stocks. The focus is on identifying quality companies that generate consistent above-average growth and can outperform…
Investment management firm Curreen Capital released its Q4 2025 investor letter. A copy of the letter can be downloaded here. Curreen Capital Partners reported strong results in 2025, returning 10.5% in the fourth quarter and 30.97% for the full year. The company focuses on investing in “ugly ducklings”, that is, good, well-managed companies trading at…
Tsai Capital Corporation, an investment management company, published its Q4 2025 investor letter. A copy of the letter can be downloaded here. Tsai Capital Growth Equity Strategy earned 8.5% before fees and 7.6% after fees for the year ended December 31, 2025, compared to the 17.9% return of the S&P 500 Index. Tsai Capital Growth…
Hotchkis & Wiley, an investment management firm, released its Q4 2025 investor letter for the “Hotchkis & Wiley Global Value Fund.” A copy of the letter can be downloaded here. The Fund outperformed the MSCI World Value Index in the fourth quarter, returning 3.80% versus 3.34% for the index. The Fund has returned 23.77% year…
Hardman Johnston Global Advisors, an investment management firm, published its “Hardman Johnston Global Equity Strategy” investor letter for the fourth quarter of 2025. You can download a copy of the letter here. Global stock markets delivered strong results in the quarter, supported by softening inflation trends and strong economic data. The Hardman Johnston Global Equity…
Fred Alger Management, an investment management firm, released its Q4 2025 “Alger Weatherbie Specialized Fund” investor letter. A copy of the letter can be downloaded here. The fund focuses on investing in a portfolio of 50 small and mid-cap companies with promising growth potential. The US stock market ended the fourth quarter on a strong…
Fred Alger Managementan investment management company, published its Q4 2025 investor letter “Alger Small Cap Focus Fund.” A copy of the letter can be downloaded here. The US stock market ended the fourth quarter on a strong note, with the S&P rising 2.7%, maintaining its steady bullish momentum. Investor optimism was supported by better-than-expected corporate…
Wedgewood Partners, an investment management firm, released its Q4 2025 investor letter. The firm anticipates greater market volatility in the coming years and has tempered its enthusiasm. A copy of the letter can be downloaded here. The Wedgewood Composite returned -1.8% (net) in the fourth quarter compared to 2.7% for the S&P 500, 1.1% for…
Fred Alger Management, an investment management firm, published its Q4 2025 investor letter “Alger Small Cap Focus Fund.” A copy of the letter can be downloaded here. The US stock market ended the fourth quarter on a strong note, with the S&P rising 2.7%, maintaining its steady bullish momentum. Investor optimism was supported by better-than-expected…
Oakmark Funds, advised by Harris Associates, released its Q4 2025 “Oakmark Fund” investor letter. The fund’s goal is to generate capital appreciation by investing in various large-cap U.S. companies. A copy of the letter can be downloaded here. For the quarter, the fund (investor class) outperformed the S&P 500 index, returning 4.78% versus the index’s…
