Investor Summary
Fund Strategy
FUND PERFORMANCE AS OF 31st December 2022
| ANNUALIZED SINCE INCEPTION | QUARTERLY | YTD |
|---|---|---|
| - | 0% | -64.6% |
| ANNUALIZED SINCE INCEPTION | QUARTERLY | YTD |
|---|---|---|
| - | 0% | -64.6% |
Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Lorem ipsum dolor sit amet, consectetur adipiscing elit.
| Date | Letter | Tickers | Keywords | Pitches | Quick Takes |
|---|---|---|---|---|---|
| Mar 2 2023 | 2022 Q4 | AMZN, TSLA | - | - | |
| Oct 27 2022 | 2022 Q3 | - | - | - | |
| Dec 31 2021 | 2021 Q4 | AMZN, TSLA | Concentration, disruption, growth, innovation, Long/Short, Options, technology | - | Worm Capital is exceedingly optimistic about 2022 and beyond, positioning for industrial disruption and technological transformation in the 2020s. Their concentrated strategy targets rare businesses with superior customer value propositions in transportation, renewable energy, e-commerce, automation, and entertainment. Despite 2021 volatility, they maintain conviction in core holdings and expect significant catalysts to drive outperformance. |
| QUARTER | THEMES | TAGS |
|---|---|---|
| 2021 Q4 |
AutomationManager views automation as one of their core positioning themes alongside transportation disruption, renewable energy, e-commerce, and entertainment. They are allocating research efforts to automation/AI as part of their focus on disruptive innovation and technological shifts. |
AI Automation Technology Innovation Disruption |
Energy TransitionRenewable energy is identified as one of their core positioning themes. The manager sees the 2020s as defined by industrial disruption and shifts towards a cleaner, more efficient world, with renewable energy as a key component of this transformation. |
Renewable Clean Energy Industrial Efficiency | |
E-commerceE-commerce is explicitly mentioned as one of their core positioning themes. The manager references Amazon as a specific example of their investment approach, noting how they leaned into the position when the stock declined in 2014 despite strong fundamentals. |
Commerce Digital Amazon Retail | |
Electric VehiclesTransportation disruption is a core positioning theme, with Tesla specifically mentioned as an example of their investment approach. The manager describes how Tesla went through a difficult phase in 2019 but they maintained conviction based on fundamentals. |
Tesla Transportation Disruption Vehicles | |
EntertainmentEntertainment is listed as one of their core positioning themes alongside transportation disruption, renewable energy, e-commerce, and automation/AI. The manager sees this as part of the broader technological and industrial shifts defining the 2020s. |
Media Content Digital |
| Date | Pitch Type | Author | Ticker | Company | Industry | Sub Industry | Bull / Bear | Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|---|
| No Elevator Pitches found | ||||||||||
| TICKER | COMMENTARY |
|---|---|
| No ticker commentary found. | |
| Ticker | Put/Call | Amount Bought | Shares Bought | % Change | Weight % |
|---|---|---|---|---|---|
| No Recent Buys Data | |||||
| Ticker | Put/Call | Amount Sold | Shares Sold | % Change | Weight % | Status |
|---|---|---|---|---|---|---|
| No Recent Sells Data | ||||||
| Industry | Prev Quarter % | Current Quarter % | Change |
|---|---|---|---|
| No industry data available | |||