Commentaries
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.
Commentaries
Commentaries
Bretton Fund Q3 2025 Commentary
Exclusive Insights
Arquitos Capital Up 67% YTD, 14% CAGR Since Inception; Bullish On These Biotech Stocks
Exclusive Insights
Einhorn – AI Math Makes No Sense; OpenAI Bleeds; Microsoft & NVIDIA Bank: $1 -> $8 [Greenlight Capital Q3 25 Letter]
Exclusive Insights
David Einhorn’s Greenlight Makes New Hires; Says DOGE Was Last Chance To Avert Crisis [Q2 Letter]
Exclusive Insights
Aletheia Leads Synergos Lineup With 56% YTD Return And 42% CAGR Since Inception In 2022
Exclusive Insights
Peterson Capital Up 50% In Q3 On BABA, Google And Options Bets
Commentaries
RV Capital Business Owner Fund September 2025 Commentary
Exclusive Insights
Alken Fund Surges Past 30% YTD As Concentrated Bets On Zegona and BFF Bank Pay Off
Exclusive Insights
Hong Kong-Based Fund Presents Thesis For Under The Radar Networking Company [In-Depth]
Exclusive Insights
Prochain Capital Up 4.09% In September 20%; 18.28% YTD
Commentaries
Ashva Capital Q3 2025 Commentary
Commentaries
GDS Investments October 2025 Client Letter
Commentaries
Kernow Short Pets At Home, Warpaint And Wizz Air
Exclusive Insights
Black Bear Value Fund Q3 2025 Commentary
Commentaries
Sandon Capital Activist Fund September 2025 Commentary
Commentaries
WHG Up 43% YTD With Gains On WING And LULU Shorts
Commentaries
An AI Addendum – Praetorian Capital
Commentaries
RPD Opportunity Fund Posts +3.79% Net Return In September 2025
Exclusive Insights

