Crossroads Capital LLC, an investment management firm, released its Q1 2026 investor letter. You can download a copy here. The Fund increased 4.2% net of fees and expenses during the quarter. Since its founding, the fund has compounded at a gross rate of 21.3% and a net rate of 17.1%. At the end of March…
Oakmark Funds, advised by Harris Associatesreleased its Q1 2026 “Oakmark Select Fund” investor letter. A copy of the letter can be downloaded here. Oakmark Select Fund is a non-diversified fund that aims to generate capital appreciation by investing in large and mid-cap US companies. For the quarter, the Fund (investor class) underperformed the S&P 500…
Baron Capital, an investment management firm, released its Q4 2025 charter for its “Baron Real Estate Income Fund.” A copy of the letter can be downloaded here. In 2025, the Fund appreciated 3.74% (institutional shares), outpacing the 1.68% gain of the MSCI US REIT Index (the REIT Index). In the fourth quarter of 2025, the…
Baron Capital, an investment management firm, released its Q4 2025 investor letter for its “Baron Opportunity Fund.” A copy of the letter can be downloaded here. The Fund returned 4.63% (institutional stocks) in the fourth quarter of 2025, outperforming the 1.14% gain of the Russell 3000 Growth Index (the benchmark) and the 2.66% return of…
Optimist Fund, an investment management company, published its Q4 2025 investor letter. A copy of the letter can be downloaded here. The Fund’s objective is to achieve capital growth at a rate of around 10 or more over several decades. In the fourth quarter of 2025, the Fund fell 8.5%. The Fund, although not yet…
Praetorian Capital, an investment management firm, published its Q4 2025 investor letter. A copy of the letter can be downloaded here. The Fund appreciated 0.21% net of fees in the fourth quarter, bringing its profitability for 2025 to 12.39% net of fees. The Fund has compounded capital at a net annualized rate of 37.12% since…
Baron Fund, an investment management firm, released its Q4 2025 charter for the “Baron Durable Advantage Fund.” A copy of the letter can be downloaded here. The Fund returned 2.6% in the fourth quarter, mirroring the 2.7% return of the S&P 500 Index. The Fund returned 16.6% in 2025, compared with 17.9% for the index…
