Investor Letters

Letters through June 5, 2026

1 letter reporting on the period ending June 5, 2026, in each firm's own reckoning.

QuantStreet Capital June 2026 Update QuantStreet increased value-stock exposure through Vanguard Value ETF, arguing that its bank, industrial, energy and consumer holdings offer a less volatile alternative to technology-led benchmarks. The firm expects robust earnings growth and AI infrastructure spending to support markets over the medium term, while allowing for a near-term pullback after the recent technology rally. June 2026 —