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Equity Research Database
Institutional Investment Pitches
Explore thousands of hedge fund pitches, high-conviction equity research memos, and portfolio manager commentary extracted from quarterly letters.
Explore thousands of hedge fund pitches, high-conviction equity research memos, and portfolio manager commentary extracted from quarterly letters.
Explore professional investment ideas sourced from institutional letters, short theses, and premium research channels, distilled into concise summaries.
| Pitch Type | Author | Industry | Pitch Thesis & Key Summary | Bull/Bear | Action | ||
|---|---|---|---|---|---|---|---|
| Sep 8, 2026 | Fund Letter | Scott KlarquistSeven Corners Capital Management, LLC | Financial ServicesFinancial Services | Long RKT (Rocket Companies, Inc.) Rocket Companies ($RKT) is a technology-driven real estate, mortgage lending, and financial services platform led by founder Dan Gilbert. Representing 6.3% of... | BULL | View Pitch → | |
| Sep 8, 2026 | Fund Letter | Scott KlarquistSeven Corners Capital Management, LLC | Oil, Gas & Consumable FuelsOil, Gas & Consumable Fuels | Long SD (SandRidge Energy, Inc.) SandRidge Energy ($SD) is an independent oil and natural gas exploration and production company operating primarily in the Mid-Continent region of the United States. Representing 7.8% of... | BULL | View Pitch → | |
| Sep 8, 2026 | Fund Letter | Scott KlarquistSeven Corners Capital Management, LLC | Maplebear Inc. (Instacart) $CART• NASDAQ | Broadline RetailBroadline Retail | Long CART (Maplebear Inc. (Instacart)) Maplebear Inc. ($CART), commonly known as Instacart, operates the leading North American online grocery technology platform connecting consumers, retail partners, and independent personal shoppers. Holding an 8.4%... | BULL | View Pitch → |
| Sep 8, 2026 | Fund Letter | Scott KlarquistSeven Corners Capital Management, LLC | TobaccoTobacco | Long TPB (Turning Point Brands, Inc.) Turning Point Brands ($TPB) manufactures and markets alternative smoking and smokeless tobacco products, highlighted by legacy household brand names including Zig-Zag rolling papers and Stoker's tobacco. Representing 14.4% of... | BULL | View Pitch → | |
| Sep 8, 2026 | Fund Letter | Scott KlarquistSeven Corners Capital Management, LLC | InsuranceInsurance | Long GNW (Genworth Financial, Inc.) Genworth Financial ($GNW) is a diversified financial services holding company whose core value driver is an 80% controlling ownership stake in Enact Holdings ($ACT), a profitable private mortgage insurer. Representing 17.4% of... | BULL | View Pitch → | |
| Sep 8, 2026 | Fund Letter | Scott KlarquistSeven Corners Capital Management, LLC | -- | Long PSHZF (Pershing Square Holdings, Ltd.) Pershing Square Holdings ($PSHZF) is an investment holding company managed by Bill Ackman that holds concentrated positions in high-quality North American public companies. Representing 25.6% of... | BULL | View Pitch → | |
| Sep 4, 2026 | Fund Letter | James HollierSilver Beech Capital | InsuranceInsurance | Long AJG (Arthur J. Gallagher & Co.) Arthur J. Gallagher & Co. (NYSE: AJG) is the world's third-largest commercial insurance broker, operating as an intermediary that structures, places, and negotiates complex property and casualty policies for mid-sized corporate clients. Silver Beech established... | BULL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Joe BauernfreundAVI Global Trust | -- | AVI Global Trust - EXOR.MI EXOR detracted -63bps. Over the interim... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Joe BauernfreundAVI Global Trust | News Corporation $NWSA• NASDAQ | Movies & EntertainmentEntertainment | AVI Global Trust - NWSA News Corp detracted -106bps from returns. Over the period,... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Joe BauernfreundAVI Global Trust | Investment Banking & BrokerageCapital Markets | AVI Global Trust - CHRY.L Chrysalis was our second largest detractor in the first half of this financial year. While this was... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Joe BauernfreundAVI Global Trust | Movies & EntertainmentEntertainment | AVI Global Trust - VIV.PA Vivendi was the most significant detractor over the interim period, with a total return of -40%, costing us -297bps as the shares suffered a double whammy of NAV weakness and discount widening. From a high... | BULL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Joe BauernfreundAVI Global Trust | -- | AVI Global Trust - 6201.T Toyota Industries added +62bps to your Company's NAV over the period. The returns were... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Joe BauernfreundAVI Global Trust | Oil & Gas Refining & MarketingOil, Gas & Consumable Fuels | AVI Global Trust - 267250.KS HD Hyundai added +65bps to NAV as its shares generated a return of approximately +40% (GBP), driven by the tightening of the discount from 59% to 41% over the period. HD Hyundai is... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Joe BauernfreundAVI Global Trust | -- | AVI Global Trust - 9531.T Tokyo Gas was one of your Company's strongest contributors in the interim period, adding 66bps to NAV as its shares generated a return of +34% (GBP). Tokyo Gas is... | BULL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Joe BauernfreundAVI Global Trust | -- | AVI Global Trust - JM.L Jardine Matheson was our largest contributor over the period, adding +68bps to NAV, as the share price returned +15% (GBP), driven by strong NAV performance (+23%), offset by moderate discount widening, from 25% to 31%. The company is... | BULL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Mat MastersCaledonia Investment | Oracle Corporation $ORCL• NYSE | Application SoftwareSoftware | Caledonia Investment - ORCL Oracle's share price rose sharply in September following a series of AI-related announcements, which led to a significant re-rating of the shares. Our return of... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Aaron ChanRecurve Capital | Other Specialty RetailSpecialty Retail | Recurve Capital - CVNA Carvana is -22% YTD through June 30th and has driven about 80% of our negative performance YTD. An otherwise slightly... | BULL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Pontus DackmoProtean Small Cap | Diversified Telecommunication ServicesTelecommunication Services | Protean Small Cap - TELIA.ST Nordic telecom names have spent 18 months in a rather pleasant combination of ARPU growth, margin expansion, and easy comps. Telia and Tele2... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Pontus DackmoProtean Small Cap | Construction & EngineeringConstruction & Engineering | Protean Small Cap - SKA-B.ST Since Anders Danielsson became CEO in 2018, the quality of Skanska's order backlog has improved materially, with a much larger share of projects carrying higher gross margins than historically. Combined with an... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Pontus DackmoProtean Small Cap | IndustrialsIndustrials | Protean Small Cap - CINT.ST We have agreed to sell our CINT shares to the bidders at a price of SEK 6.0, an increase from the initial public bid level of SEK 5.60. The share has... | BULL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Andrew JakubowskiAdestella Investment Management | -- | Adestella Investment Management - BELF.B Bel Fuse, an electronic component manufacturer, was a rather straightforward valuation play. We purchased our... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Daniel GladišVltava Fund | -- | Vltava Fund - KSPI.L Even from a global perspective, Kaspi.kz is an exceptional example of a digital ecosystem combining into a single application payments, e-commerce, marketplaces, consumer finance, merchant services, travel, advertising, and even select government services. It is therefore... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Daniel GladišVltava Fund | Consumer FinanceConsumer Finance | Vltava Fund - V We bought shares in Visa and Kaspi.kz. Visa probably needs... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Daniel GladišVltava Fund | Oil, Gas & Consumable FuelsOil, Gas & Consumable Fuels | Vltava Fund - CVE.TO We also sold the Canadian Cenovus Energy. This was the... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Daniel GladišVltava Fund | Semiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment | Vltava Fund - KLAC During the second quarter, we sold the troika Lam Research, Applied Materials, and KLA Corporation, all of which are key suppliers of manufacturing equipment and process control solutions for the semiconductor industry. These are undoubtedly... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Daniel GladišVltava Fund | Applied Materials, Inc. $AMAT• NASDAQ | Semiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment | Vltava Fund - AMAT During the second quarter, we sold the troika Lam Research, Applied Materials, and KLA Corporation, all of which are key suppliers of manufacturing equipment and process control solutions for the semiconductor industry. These are undoubtedly... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Daniel GladišVltava Fund | Lam Research Corp $LRCX• NASDAQ | Semiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment | Vltava Fund - LRCX During the second quarter, we sold the troika Lam Research, Applied Materials, and KLA Corporation, all of which are key suppliers of manufacturing equipment and process control solutions for the semiconductor industry. These are undoubtedly... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Paul S. MichelProvident Financial Articles | Oracle Corporation $ORCL• NYSE | Application SoftwareSoftware | Provident Financial Articles - ORCL The bottom chart graphs the combined capital spending of five of the largest tech companies building AI infrastructure: Microsoft, Amazon, Meta, Alphabet, and Oracle. The group spent... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Paul S. MichelProvident Financial Articles | Alphabet Inc. $GOOG• NASDAQ | Interactive Media & ServicesInteractive Media & Services | Provident Financial Articles - GOOG The bottom chart graphs the combined capital spending of five of the largest tech companies building AI infrastructure: Microsoft, Amazon, Meta, Alphabet, and Oracle. The group spent... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Daniel ShvartsmanMiddle Coast Investing LLC | S&P Global Inc. $SPGI• NASDAQ | Investment Banking & BrokerageCapital Markets | Middle Coast Investing - SPGI S&P Global is the company behind the S&P 500 and Dow Jones Industrial Indices and is also a major ratings agency. Together those are... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Daniel ShvartsmanMiddle Coast Investing LLC | IT ServicesIT Services | Middle Coast Investing - CDW CDW Corporation is a tech distributor - instead of buying from Apple, Amazon, or HP directly, you might work through CDW for IP support along with the right array of hardware and software. CDW is in... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Daniel ShvartsmanMiddle Coast Investing LLC | Electronic Equipment, Instruments & ComponentsElectronic Equipment, Instruments & Components | Middle Coast Investing - SNX TD Synnex is in the data center / AI related basket. The company has... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Daniel ShvartsmanMiddle Coast Investing LLC | TripAdvisor, Inc. $TRIP• NASDAQ | Hotels, Restaurants & LeisureHotels, Restaurants & Leisure | Middle Coast Investing - TRIP TripAdvisor is in both the perceived AI victims basket as a marketplace and the travel stocks basket. The company announced... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Daniel ShvartsmanMiddle Coast Investing LLC | Application SoftwareSoftware | Middle Coast Investing - CPAY Corpay is in the financial stocks basket. The manager highlights... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Daniel ShvartsmanMiddle Coast Investing LLC | Apple Inc. $AAPL• NASDAQ | Application SoftwareSoftware | Middle Coast Investing - AAPL The manager would not include Apple in the hyperscalers bucket. Its capex is... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Daniel ShvartsmanMiddle Coast Investing LLC | Alphabet Inc. $GOOG• NASDAQ | Interactive Media & ServicesInteractive Media & Services | Middle Coast Investing - GOOG Alphabet is included in the hyperscalers basket - the top of the line in the AI value chain. These companies are... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Daniel ShvartsmanMiddle Coast Investing LLC | Amazon.com, Inc. $AMZN• NASDAQ | Broadline RetailBroadline Retail | Middle Coast Investing - AMZN Amazon is included in the hyperscalers basket - the top of the line in the AI value chain. These companies are... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Mohnish PabraiPabrai Wagons Fund | Application SoftwareSoftware | Pabrai Wagons Fund - CSU.TO Constellation Software is a very high-quality compounder founded by Mark Leonard. It operates a... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Mohnish PabraiPabrai Wagons Fund | Noble Corp. $NE• NYSE | Energy Equipment & ServicesEnergy Equipment & Services | Pabrai Wagons Fund - NE We have 3 positions in U.S. offshore oil services. Offshore accounts for... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Mohnish PabraiPabrai Wagons Fund | Energy Equipment & ServicesEnergy Equipment & Services | Pabrai Wagons Fund - VAL We have 3 positions in U.S. offshore oil services. Offshore accounts for... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Mohnish PabraiPabrai Wagons Fund | -- | Pabrai Wagons Fund - TOI.AS Topicus is a European vertical market software (VMS) spin-off from Constellation Software. Pabrai maintains that... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Mohnish PabraiPabrai Wagons Fund | -- | Pabrai Wagons Fund - LMN.TO Lumine Group is a vertical market software (VMS) spin-off from Constellation Software. Pabrai asserts that... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Mohnish PabraiPabrai Wagons Fund | Airport ServicesTransportation Infrastructure | Pabrai Wagons Fund - TAVHL.IS TAV operates 15 airports in 8 countries. TAV has high... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Mohnish PabraiPabrai Wagons Fund | Warrior Met Coal Inc $HCC• NYSE | Oil, Gas & Consumable FuelsOil, Gas & Consumable Fuels | Pabrai Wagons Fund - HCC We are invested in a handful of metallurgical (met) coal businesses. All of these... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Mohnish PabraiPabrai Wagons Fund | Transocean Ltd. $RIG• NYSE | Energy Equipment & ServicesEnergy Equipment & Services | Pabrai Wagons Fund - RIG We have 3 positions in U.S. offshore oil services. Offshore accounts for... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Andrew D.W. HillAndrew Hill Investment Advisors, Inc. | Apple Inc. $AAPL• NASDAQ | Application SoftwareSoftware | Andrew Hill Investment Advisors - AAPL In late June, Apple announced price increases across many of its devices due to these memory chips. A spokesperson said... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Andrew D.W. HillAndrew Hill Investment Advisors, Inc. | GE Aerospace $GE• NYSE | Aerospace & DefenseAerospace & Defense | Andrew Hill Investment Advisors - GE With the Iran war hopefully over, GE Aerospace has caught investors interest. Lower fuel cost... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Andrew D.W. HillAndrew Hill Investment Advisors, Inc. | GE Vernova Inc. $GEV• NYSE | MachineryMachinery | Andrew Hill Investment Advisors - GEV Fancy data centers don't run without electricity. Hence, we have... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Andrew D.W. HillAndrew Hill Investment Advisors, Inc. | NVIDIA Corporation $NVDA• NASDAQ | Semiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment | Andrew Hill Investment Advisors - NVDA Nvidia's stock has waned recently, despite excellent financial performance. Their cash flow... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Andrew D.W. HillAndrew Hill Investment Advisors, Inc. | BiotechnologyBiotechnology | Andrew Hill Investment Advisors - VRTX Vertex Pharmaceuticals has caught the eye of investors as well. Vertex is developing... | NEUTRAL | View Pitch → |
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Investment pitches and theses displayed on Buyside Digest are summaries of opinions expressed in publicly available investor letters, research reports, or other commentary. These summaries are generated for informational and research purposes only and do not constitute investment recommendations, financial advice, or an endorsement of any particular security or strategy by Buyside Digest. Users should conduct their own independent due diligence and consult with professional advisors before making any investment decisions.