Capital Employed

Capital Employed

Q3 2025 Fund Letters Round-Up ✍️

A curation of the best quarterly letters

Capital Employed's avatar
Capital Employed
Oct 08, 2025
∙ Paid
20
1
Share

Welcome to the 7th edition of the Fund Letters Round-Up newsletter.

It’s exactly what it says on the tin - a curation of quarterly letters from a variety of fund managers.

Not every Q3 letter is released in the first 8 days of October. However, below are 24 letters to get stuck into right away.

Visit the Quarterly Letters page on the website to see the latest letters as we continually add them.

To access to all our fantastic content consider becoming a premium subscriber.

Latest interviews with fund managers sharing their best ideas…

#118 - Fernando Araujo (FCL Capital) 📗

#117 - Abby Zimmerman (Lowell Capital Value) 📗

#116 - Alyx Wood (Kernow Asset Management) 📗

YTD Performances (measured in USD on 30th September 2025).

S&P 500: 13.6%
Gold Oz: 47%
Bitcoin: 25%

A round-up of the most interesting Q3 fund letters so far…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Kingsize Metrics
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture