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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 2, 2026 | Fund Letter | Faraz Farzam, Aaron GarciaMadison Small Cap Fund | Madison Air Solutions $MAIR• NASDAQ | -- | Madison Small Cap Fund - MAIR Madison Air Solutions is a diversified industrial company focused on HVAC, with roughly two-thirds of its revenue from commercial markets and one-third from residential. The company has... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Matthew Fine, CFA and Jason Wolf, CFAThird Avenue Small Cap Value Fund | CRA International, Inc. $CRAI• NASDAQ | Research & Consulting ServicesProfessional Services | Third Avenue Small Cap Value Fund - CRAI CRA International, Inc., which operates under the brand Charles River Associates, is a global consulting firm specializing in economic, financial, and management consulting. Founded in 1965... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | James A.ColganAMG Frontier Small Cap Growth Fund | FTAI Aviation Ltd. $FTAI• NASDAQ | Aerospace & DefenseAerospace & Defense | AMG Frontier Small Cap Growth - FTAI FTAI has been a long-term holding and we think it remains materially undervalued. The stock declined... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Oddbjørn DybvadREQ Global Compounders | Trading Companies & DistributorsTrading Companies & Distributors | REQ Global Compounders - AIT Applied Industrial Technologies is a US-listed value-added distributor and technical solutions provider in industrial motion, fluid power, flow control, automation, and related maintenance supplies. The company generates... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Ryan O'ConnorCrossroads Capital | FTAI Aviation Ltd. $FTAI• NASDAQ | Aerospace & DefenseAerospace & Defense | Crossroads Capital - FTAI FTAI Aviation contributed 5%, with the name being treated as Strait of Hormuz 'trading sardine', all of which will eventually give way to the fundamentals. FTAI entered the... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Tim McElvaineMcElvaine Value Fund | Aimia Inc. $AIM.TO• TSX | Commodity ChemicalsChemicals | McElvaine Value Fund - AIM.TO Holding company which Rhys Summerton took mgmt. control of in... | NEUTRAL | View Pitch → |
| Aug 21, 2026 | Fund Letter | Pratyush RastogiFarrer 36 Asset Management | Sendas Distribuidora S.A. $ASAI• NASDAQ | -- | Short ASAI (Sendas Distribuidora S.A. (Assaí)) Although the fund originally liked Assaí due to its cheap valuation and deleveraging profile, the stock was completely sold this quarter. The exit was... | BEAR | View Pitch → |
| Aug 21, 2026 | Fund Letter | Louis CamhiRLH Capital | Airo Group Holdings $AIRO• NASDAQ | Aerospace & DefenseAerospace & Defense | Long AIRO (Airo Group Holdings) Invested via structured bridge loan in Q1 2024. Restructured to include... | BULL | View Pitch → |
| Aug 21, 2026 | Fund Letter | Jeffrey G. CherkinTourlite Capital Management | FTAI Aviation Ltd. $FTAI• NASDAQ | Aerospace & DefenseAerospace & Defense | Long FTAI (FTAI Aviation Ltd.) As the aerospace and engine markets remain supply-constrained, FTAI continues to deliver strong results to start 2026. | BULL | View Pitch → |
| Aug 21, 2026 | Fund Letter | Kevin Arenson, Akshay Krishnan & Tim BeckStenham Asset Management | Aerospace & DefenseAerospace & Defense | Long AIR.PA (Airbus SE) Airbus experienced a material stock decline following a reduction in 2024 guidance and postponed A320 delivery targets due to supply chain constraints. Stenham views this... | BULL | View Pitch → | |
| Aug 21, 2026 | Fund Letter | Roderick van ZuylenNight Watch Investment Management | Aerospace & DefenseAerospace & Defense | Long AIR (AAR Corp.) AAR Corp (AIR) was another strong performer which, fortunately, was an oversized (~9%) position for us. AAR provides after-market... | BULL | View Pitch → | |
| Aug 21, 2026 | Fund Letter | Andrew JakubowskiAdestella Investment Management | Aerospace & DefenseAerospace & Defense | Adestella Investment Management - AIR AAR Corp is positioned to benefit from secular tailwinds in the aerospace aftermarket. Due to aircraft... | BULL | View Pitch → | |
| Aug 21, 2026 | Fund Letter | Stephen E. GrantValue Line Small Cap Opportunities Fund | Trading Companies & DistributorsTrading Companies & Distributors | Long AIT (Applied Industrial Technologies, Inc.) Applied Industrial Technologies saw an increased allocation during the first quarter. The addition reflects... | BULL | View Pitch → | |
| Aug 2, 2026 | Substack | kairosresearchSubstack (kairosresearch) | FTAI Aviation Ltd. $FTAI• NASDAQ | Aerospace & DefenseAerospace & Defense | FTAI update. FTAI Aviation Ltd. – FTAI FTAI has demonstrated significant growth potential, particularly with its expansion into power systems. Despite recent margin... | BULL | View Pitch → |
| Aug 1, 2026 | Seeking Alpha | Seeking Alpha ContributorSeeking Alpha | FTAI Aviation Ltd. $FTAI• NASDAQ | Aerospace & DefenseAerospace & Defense | FTAI Aviation Ltd. FTAI Aviation Ltd. experienced a sell-off following its Q2 2026 results due to lower EBITDA and earnings, alongside a cut in leasing revenue guidance. However, the c... | BULL | View Pitch → |
| Feb 27, 2026 | Fund Letter | Ryan O'ConnorCrossroads Capital | FTAI Aviation Ltd. $FTAI• NASDAQ | Aerospace & DefenseAerospace & Defense | Crossroads Capital 2025 Q4 (FTAI) FTAI Aviation (FTAI) FTAI Aviation is a leading MRO franchise for the CFM56 and is in the midst of transforming into a capital-light, high-visibility model with its Strategic Capital Initiative (SCI), protected by an irreplaceable competitive advantage in PMA parts. And yet, the... | BULL | View Pitch → |
| Feb 27, 2026 | Fund Letter | Michael W. CookSouthernSun Small Cap | MachineryMachinery | SouthernSun Small Cap 2025 Q4 (KAI) Kadant Inc. (KAI) is a global supplier of critical components and engineered systems to process industries, primarily pulp, paper, and wood processing. Its products—including debarkers,... | BULL | View Pitch → | |
| Feb 3, 2026 | Substack | Substack | Application SoftwareSoftware | Nu Holdings Ltd. (NUAI) - Agrippa Investments @Agrippa_Inv explains why they flipped bullish on $NUAI after initially dismissing it as a speculative story stock. The author cites... | BULL | View Pitch → | |
| Feb 3, 2026 | Fund Letter | Antipodes Partners LimitedAntipodes Global Fund | Sendas Distribuidora S.A. $ASAIY• NASDAQ | Consumer Staples Merchandise RetailConsumer Staples Merchandise Retail | Antipodes Global Fund 2025 Q4 (ASAIY) Sendas Distribuidora finished lower, reversing the positive momentum seen over CY25, amid broader weakness in the Brazilian consumer sector against a backdrop of higher interest rates. Rate-sensitive stocks were... | BULL | View Pitch → |
| Jan 29, 2026 | Fund Letter | Jason WhiteArtisan Global Discovery | Application SoftwareSoftware | Artisan Global Discovery 2025 Q4 (SAIL) SailPoint provides technology solutions that help organizations manage and protect access to systems and data. Adoption of cloud-based... | BULL | View Pitch → | |
| Jan 29, 2026 | Fund Letter | Austin HawleyDiamond Hill Large Cap Strategy | InsuranceInsurance | Diamond Hill Large Cap Strategy 2025 Q4 (AIG) Property and casualty insurer American International Group reported better-than-expected earnings, with strong expense management and share repurchases offsetting a weakening pricing environment. Shares also benefited... | BULL | View Pitch → | |
| Jan 27, 2026 | Fund Letter | H. George Dai, Joshua D. BennettAlger Weatherbie Specialized Growth Fund | Aerospace & DefenseAerospace & Defense | Alger Weatherbie Specialized Growth Fund 2025 Q4 (AIR) AAR Corp. is a global aerospace and defense aftermarket services provider that supports commercial airlines and government customers through parts distribution and supply-chain solutions, as well as maintenance, repair, and overhaul services—an area we believe is structurally supported by high aircraft utilization and an aging fleet. During the quarter,... | BULL | View Pitch → | |
| Jan 23, 2026 | Fund Letter | Arne AlsinNightview Capital | TSMC $TAIWAN STOCK EXCHANGE-TSM• NASDAQ | -- | Nightview Capital 2025 Q4 (TSM) High-performance computing now represents roughly 60% of TSMC's revenue, up from about 30% in 2018, reflecting AI's transformation of semiconductor demand. Frontier logic tied... | BULL | View Pitch → |
| Jan 20, 2026 | Fund Letter | Daniel BarkerApis Flagship Fund | Application SoftwareSoftware | Apis Flagship Fund 2025 Q4 (AI) C3.ai was among the top contributors on the short side and ranked among the top short-side gainers for both the quarter and the full year. BSD Analysis: C3.ai... | BEAR | View Pitch → | |
| Jan 8, 2026 | Fund Letter | Ryan O'ConnorCrossroads Capital | FTAI Aviation Ltd. $FTAI• NASDAQ | Aerospace & DefenseAerospace & Defense | Crossroads Capital 2025 Q3 (FTAI) FTAI captures the most attractive economics in aftermarket aviation not by acting as a passive lessor but by operating as a vertically integrated industrial platform via its Module Factory and Strategic Capital Initiative (SCI). The company's focus... | BULL | View Pitch → |
| Jan 8, 2026 | Fund Letter | Louis CamhiRLH Capital | Airo Group Holdings $AIRO• NASDAQ | Aerospace & DefenseAerospace & Defense | RLH Capital 2025 Q2 (AIRO) RLH was introduced to Airo Group in early 2024 as the company was pursuing a SPAC transaction. Both the SPAC... | BULL | View Pitch → |
| Dec 3, 2025 | Fund Letter | Jason WhiteArtisan Global Discovery | Saia, Inc. $SAIA• NASDAQ | Ground TransportationGround Transportation | Artisan Global Discovery 2025 Q2 (SAIA) Saia operates in the less-than-truckload (LTL) shipping sector, a structurally attractive part of transportation with strong franchise characteristics backed by real estate and network advantages. While we have... | BEAR | View Pitch → |
| Dec 3, 2025 | Fund Letter | James A.ColganAMG Frontier Small Cap Growth Fund | Saia, Inc. $SAIA• NASDAQ | Ground TransportationGround Transportation | AMG Frontier Small Cap Growth 2025 Q2 (SAIA) Saia is a less-than-truckload company that has recently completed the expansion of its terminal footprint across the U.S. With its network now in place, we believe the company has a great opportunity to expand its margins and grow its revenue and earnings through pricing improvement and network optimization. We also expect... | BULL | View Pitch → |
| Nov 28, 2025 | Fund Letter | Chuck LiebermanAdvisors Capital | TSMC $TAIWAN STOCK EXCHANGE-TW• NASDAQ | -- | Advisors Capital 2025 Q3 (TW) TSMC and other Asia-based semiconductor leaders were cited as major drivers of international market gains. The fund notes... | BULL | View Pitch → |
| Nov 28, 2025 | Fund Letter | Michael Clarke, Thomas TrentmanSands Capital Technology Innovators Fund | TSMC $TAIWAN STOCK EXCHANGE-TSM• NASDAQ | -- | Long TAIWAN STOCK EXCHANGE-TSM (TSMC) TSMC reported strong results, raised FY guidance, and continues to benefit from the AI infrastructure boom. CoWoS capacity expansion... | BULL | 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.