Q1 2016 Hedge Fund Letters
Q1 2016 Hedge Fund Letters…. where can you find them? The short answer is that its complicated. The longer answer is that some hedge funds publicly release their letters because they have publicly traded vehicles while some smaller funds release them in an effort to get press not available to funds that size. Many of these funds have great track records but cannot compete with hedge fund managers who can do the rounds on CNBC, Bloomberg etc. whenever they want.
Some funds make it very hard to get their hedge fund letters via security and/or who they send it to. Thankfully, we have reliable sources and readers who help us in this process. While most of the time we cannot post the full letter when we can we do so and when we cannot we do an analysis which would fall under fair use. To make it easy to find hedge fund letters I decided to put together links of some funds I follow and/or receive their info and find their info interesting and/or of value. The links are not an endorsement of the fund and any omission does not mean we look down on the fund. I decided to put together this resource page which I hope to update a lot over the next few weeks and to add to at least annually if not more.
So please come back and if you have any info which could help our readers please help us spread the wealth! contact us at tips (@) www.valuewalk.com (all inquiries are 100% anonymous and are protected under law per our legal counsel- we could also do PGP or a different secure way of connecting). Just contact us and we will arrange.
Pension funds in particular invest hundreds of billions of taxpayer (YOUR money) in hedge funds. According to a recent report by Willis Towers Watson over $250 billion of pension money is invested in hedge funds and fund of funds. According to their own public records – New York City public pension funds alone have $4 billion in hedge funds and according to Barclays Prime Broker Research hedge funds have not generated positive alpha since 2011- citizens have a right to know how that money is being used. The future of journalism is at stake – it can either be a contest involving squeezing a watermelon or holding our Government officials accountable – the choice is yours.
NOTE: The list is in alphabetical order. To be completely accurate, while most funds listed below are hedge funds some are mutual funds or other (i.e. Berkshire Hathaway). The list is (mostly) in alphabetical order.
Note – to make this easier we have decided to arrange hedge fund letters by quarter – we go by calendar year even if a firm ends their Q4 on March 31st for example it will be considered a Q1 letter.
Also see
Q2 letters
Q3 letters
Q4 letters
Q1 2016 – hedge fund letters to investors
Hedge Fund Letters To Investors – Q1 2016
- Crescat Capital 1Q16 Investor Letter – A Twin Crisis Brewing In China
- Absolute Return letter for the month of May 2016, titled, “Abnormalities In The New Normal.”
- Alluvial Capital Q1 – long MMA
- Andy Hall March letter – Oil To $80
- Apollo Asia Fund – war on cash
- Ariel Apprecation
- Artemis April
- Aviner Capital Q1 letter
- Barac Value Fund letter
- BHG Newsletter February
- Brevan Howard March
- BHG – Newsletter – April 2016
- Brevan Howard May
- Bretton
- Broad Run
- Biglari Holdings
- BlueTower Asset Management – EZCORP
- Bronte Capital Feb
- Bronte Capital – March – VRX iz ZERO
- Bronte Capital April – The Art of shorting
- Bronte May
- Caxton Associates
- Cable Car Capital
- ClearBridge Investments – turnover is bad
- Cooper Creek
- Corsair Capital
- Cowan Absolute Return
- Crescat Capital
- Crestcat Global Macro – May, June
- Chris Leithner Letter No. 200-204: 26 July-26 October 2016
- Crispin Odey Q1 Conference call
- Odey April
- Crispin Odey May letter
- Dan Loeb Q1
- Denali Capital Q1
- DG Value Partners
- Donville Kent April – what happened to Valeant?
- Emerging Value Capital Management
- Euclidean letter
- Farnam Street
- FPA Capital Fund
- Gator Financial
- GMO Q1
- Greenhaven Road
- Greenlight Capital Q1 – Long YELP
- GreensKeeper Value Fund
- Greenwood Capital
- GreyOwl Capital
- Grizzly Capital Q1
- Half Moon Capital Q1 Short Control4
- HG Vora Q1
- Hoisington
- Horizon Kinetics – Dangerous ETFs
- Horseman European Select
- Horseman flagship fund – March
- Horseman EM March
- Horseman Global April
- Hugh Hendry
- Jensen Fund
- JDP Capital
- Kingwest
- Lakewood Capital
- Lansdowne Q1 on Solar power, on short positions, Capita short, big Volkswagen short
- Livermore Partners
- Lodge Hill Capital
- Lone Pine
- Longleaf Partners
- Mairs & Power Growth Fund commentary
- Matarin Capital
- Meson Capital
- Mick McGuire’s Marcato Capital
- Mittleman Brothers Q1
- Moab Partners
- Nishkama Capital short Google
- Omni Macro – closing
- Passport Capital Q1
- Perea Capital Partners
- Pzena Investment Management
- Pershing Square Annual Presentation
- Pershing Square Q1 Letter: Herbalife, Valeant, Departures
- Rhizome Partners Q1
- Ron Muhlenkamp
- Ruane, Cunniff & Goldfarb Inc. Q1 PAIN
- Sandon March letter
- Reading Capital top Israeli stocks
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- Ruffer Investments
- Senvest Capital Q1
- Sohn Conference notes
- Sound Shore
- SPX Nimitz April
- Sandon Capital, May
- Stanphyl Capital April – short Tesla
- Steamboat Capital
- Steben Select Multi-Strategy Fund March
- Steven Romick’s FPA Crescent Fund commentary
- Starvine Capital
- Sui Generis Investment Partners February 2016 letter on Boralex Inc
- Sui Generis Q1
- SkyBridge Capital Annual Report
- Thornburg Value
- Tiger Global Q1 – “a very poor first quarter”
- Tweedy Browne
- Vltava Fund
- Vulcan Value Partners
- Weitz Fund
- Wedgewood Partners – Berkshire
- ValueAct Capital – AMG
- Verde – March
- Verde – April
- Verde May
- Verde June
- Visium Q1 letters
Q1 2016 Hedge Fund Letters – END
Q2 2016 letters
Q3 2016 letters
also stay tuned and check back since its possible we will still update Q1 2016 Hedge Fund Letters if older letters which are noteworthy become available
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