Highwood
Highwood Value Partners Client Composite
Small-cap Value
Dec 2025 → Dec 2025
Our archive holds 1 letter from this strategy, behind 1 investment thesis and positions in 10 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year · follow all of Highwood for every strategy.
Performance
as of Dec 31, 2025 · net of fees · CAD
- YTD+10.2%
- Inception · total+76.0%index +68.0%
Index: MSCI Europe SMID Cap index
| YTD | Since inceptiontotal | |
|---|---|---|
| Highwood Value Partners Client Composite | +10.2% | +76.0% |
| MSCI Europe SMID Cap index | — | +68.0% |
Calendar years
- 2024+4.6%
- 2023+28.9%
- 2022−14.1%
- 2021+7.4%
- 2020+25.9%
- 2019+2.0%
Disclaimer
These figures are copied from the manager’s latest letter, as of Dec 31, 2025. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
In the second half of 2025, we sold our positions in Protector, Ryanair and Alimak.
In the second half of 2025, we sold our positions in Protector, Ryanair and Alimak.
- ExitedProtector ForsikringDec 2025
In the second half of 2025, we sold our positions in Protector, Ryanair and Alimak.
As such, I believe the rational thing to do is selectively buy more and this is what we have done, particularly with Burford and GetBusy PLC.
As such, I believe the rational thing to do is selectively buy more and this is what we have done, particularly with Burford and GetBusy PLC.
Also held
- Fever-Tree Drinks plc
- Vestas Wind Systems A/S
- Standard Drilling ASA
- Borr Drilling Limited