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Investor Letters
Wondering what the smart money is up to? These hedge fund investor letters will point you in the right direction. We’ve got investor letters from leading and emerging managers around the globe, so you’ll always be up to date on what the smart money is doing. Some of the top hedge managers whose investor letters we cover include big name funds such as Dan Loeb, David Einhorn, “The Big Short” Greg Lippmann, Jeffrey Ubben’s ValueAct Capital, Marc Azer’s Two Sigma; as well as top emerging managers such as Alluvial Fund, Grey Owl Capital, Arquitos Capital, L1 Capital, Khrom Capital, Black Bear Value Fund, Kernow Asset Management, Gator Capital.
NOTE: We are not affiliated with nor do we endorse any funds listed. Stay on top of the latest in hedge fund commentary below. If you would like to see your fund covered please email us at info(@)hedgefundalpha.com. All inquires are confidential. We do not charge any money to cover funds nor do we accept compensation to be listed. We only cover those funds who we think are interesting or enhance the data (although we do not endorse any fund or investing they do). All emails are confidential and your investors will not know you sent us your letter. While we prefer prominent fund managers and top emerging fund managers we will accept other genres. However, your vehicle must be legally registered with FINRA (and if applicable the SEC) or your local equivalent (like the FCA in the UK_ to be considered. Also see our hedge fund database tool here.
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RPD Opportunity Fund Up 39.63% In 2025 With Gains On Software Positions
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WHG Global Long Bias Fund Up 2.4% In December 2025; 43% For 2025 With Gains On Spectrum Bet
Commentaries
Vltava Fund Q4 2025 Commentary: A Postcard From Latin America
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L1 Capital L/S Fund Has Its Best Month of 2025 & Up 42% YTD With Gains From This Aussie Bank Short
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Kernow Asset Management Up 0.7% In November 2025
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RPD Fortress Up 10% To Close Out 2025, Positive 34 Of Past 35 Months
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Alken Absolute Return Europe Fund Up 30% In 2025 With Gain From UK Large-Cap Holding
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Walleye Opportunities Fund Gains 1.6% in November, Reaches 12.4% YTD
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Gold, Silver, and FX Shorts Power Winton Alma to 1% November Gain; Up 3.6% YTD
Kerrisdale Partners Up 5% In November, 22% YTD; 4,000 Cumulative Since Inception In 2009
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Strubel December Letter To Investors: Is AI A Bubble? Key Risk To Watch For
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Macy’s Debt Leads DG Capital To Best Month Since May
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Alluvial Up 36% YTD With Gains On Zegona Communications
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Crossroads Capital Up 12% In November, 51% YTD
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Despite Google Gains, WHG Global Has Rough November On AI Bets; Still Up 40% YTD
Commentaries
Despite Rough November Amid AI Unwind RPD Opportunity Fund Up 35% YTD
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Walleye Opportunities Fund Returns 1.5% for November, Led By Quant Strategies
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Green Ash Horizon Fund Soars 38% YTD With Gains On AI Bets
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