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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 | 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 | 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 | David A. Rolfe, Michael X. Quigley, Christopher T. JersanWedgewood Partners | Apple Inc. $AAPL• NASDAQ | Application SoftwareSoftware | Wedgewood Partners - AAPL Apple was also a top contributor to performance during the quarter. Revenues grew 17%,... | BULL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Faraz Farzam, Aaron GarciaMadison Small Cap Fund | Simply Good Foods $SMPL• NASDAQ | Packaged Foods & MeatsFood Products | Madison Small Cap Fund - SMPL Simply Good Foods is a consumer staples company that owns the Atkins and Quest protein and snack food brands. Over the past... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Scott O'Gorman, Andy Colyer, Daniel WhiteIthaka US Growth Strategy | Application SoftwareSoftware | Ithaka US Growth Strategy - PLTR From the front-lines of war zones to Fortune 500 enterprises, Palantir Technologies builds software to address high-level action items, respond to defense and security concerns, and improve organizational efficiency. The company offers... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Jason Wolf, Ryan DobratzThird Avenue Real Estate Value Fund | Prologis Inc. $PLD• NYSE | Equity Real Estate Investment Trusts (REITs)Equity Real Estate Investment Trusts (REITs) | Third Avenue Real Estate Value Fund - PLD Alongside those additions, there was also a significant corporate development involving two existing holdings with Segro (a U.K.-based REIT that is the leading owner of industrial properties in the U.K. and Western Europe) receiving a proposal from Prologis (a U.S.-based REIT that is the largest owner of industrial and logistics facilities globally) to combine in an all-stock transaction. While the offer... | BULL | View Pitch → |
| Sep 2, 2026 | Fund Letter | The Heartland Investment TeamHeartland Value Fund | Photronics $PLAB• NASDAQ | Semiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment | Heartland Value Fund - PLAB Earlier this year, we reduced our stake in PLAB, a leading manufacturer of photomasks that are used to transfer circuit patterns onto semiconductor wafers and flat panel substrates during the fabrication process. The shares more... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | H. George Dai, Joshua D. BennettAlger Weatherbie Specialized Growth Fund | Planet Fitness $PLNT• NASDAQ | Hotels, Restaurants & LeisureHotels, Restaurants & Leisure | Alger Weatherbie Specialized Growth Fund - PLNT Planet Fitness is one of the largest fitness club franchisors in the world, operating a budget-friendly gym model built around low monthly dues, broad accessibility, and a welcoming brand position. We believe the... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Tim GallagherUnconventional Value | Planet Labs PBC $PL• NYSE | Aerospace & DefenseAerospace & Defense | Unconventional Value - PL The biggest decision was to trim my stake in Planet Labs. It has been... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Ariel Investments, LLCAriel Global Fund | Electric UtilitiesElectric Utilities | Ariel Global Fund - PPL We added PPL Corporation, a utility with an improving regulatory backdrop and a clear path to steady, visible earnings growth. Recent rate case... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Michael Clarke, Thomas TrentmanSands Capital Technology Innovators Fund | Application SoftwareSoftware | Sands Capital Technology Innovators Fund - PLTR Palantir is a data intelligence and operational AI platform that helps governments and enterprises solve complex challenges by integrating and analyzing data across functions. Our holding was... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Yoav ZelikovicZelikovic Investments | Oil, Gas & Consumable FuelsOil, Gas & Consumable Fuels | Zelikovic Investments - TPL Texas Pacific Land Trust's (TPL) stock has continued to rise in 2026 (45%) after a difficult year in 2025 for all oil related stocks! This company remains... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Yoav ZelikovicZelikovic Investments | -- | Zelikovic Investments - PPLI We also hold InterActiveCorp (IAC) in the tech sector (which recently changed its name and ticker to People Incorporated (PPLI)) controlled by the famous investor Barry Diller. Its stock value... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Murray StahlHorizon Kinetics | Oil, Gas & Consumable FuelsOil, Gas & Consumable Fuels | Horizon Kinetics - TPL In the past eight years, TPL has declined by between 40% and 53% on four separate occasions. Despite those dizzying... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Jack Beiro | PayPal Holdings, Inc. $PYPL• NASDAQ | Consumer FinanceConsumer Finance | JB Global Capital - PYPL I initiated PayPal at $39.84 per share in February. I bought PayPal... | BULL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Alex UmanskyBaron Durable Advantage Fund | LPL Financial Holdings Inc. $LPLA• NASDAQ | Investment Banking & BrokerageCapital Markets | Baron Durable Advantage Fund - LPLA Shares of LPL Financial Holdings Inc., the largest independent broker-dealer in the U.S., declined 6.1% during the quarter due largely to market-driven concerns. With continued improvement... | BULL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Evan Bauman, Erica Furfaro, Aram Green, Amanda Leithe, Margaret VitranoClearBridge Investments All Cap Growth | Application SoftwareSoftware | ClearBridge Investments All Cap Growth - PLTR In IT, we added Synopsys and Palantir Technologies. Palantir is a... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Josh SaltmanBaron FinTech Fund | LPL Financial Holdings Inc. $LPLA• NASDAQ | Investment Banking & BrokerageCapital Markets | Baron FinTech Fund - LPLA Independent broker-dealer LPL Financial Holdings Inc. was another detractor in Capital Markets, largely due to concerns that AI-driven cash management could erode the client sweep balances that earn significant interest income for LPL. This narrative weighed... | BEAR | View Pitch → |
| Sep 2, 2026 | Fund Letter | Kyle TushausNew West Capital | Apple Inc. $AAPL• NASDAQ | Application SoftwareSoftware | New West Capital - AAPL Apple is the mirror image. It has chosen... | NEUTRAL | View Pitch → |
| Aug 21, 2026 | Fund Letter | David DirankoDiranko Capital | Apple Inc. $AAPL• NASDAQ | Application SoftwareSoftware | Short AAPL (Apple Inc.) The manager suggests that while Apple remains a dominant franchise, the favorable macroeconomic tailwinds of the past 15 years are reversing. This macro shift... | BEAR | View Pitch → |
| Aug 21, 2026 | Fund Letter | Alex Gunz | Prologis Inc. $PLD• NYSE | Equity Real Estate Investment Trusts (REITs)Equity Real Estate Investment Trusts (REITs) | Long PLD (Prologis, Inc.) Prologis is the global leader in industrial real estate, capturing significant value from structural imbalances in warehouse demand and supply chain reshoring. Backed by the... | BULL | View Pitch → |
| Aug 21, 2026 | Fund Letter | Travis CockeVoss Value Offshore Fund | Playa Hotels & Resorts $PLYA• NASDAQ | -- | Long PLYA (Playa Hotels & Resorts N.V.) Playa Hotels & Resorts is an all-inclusive resort operator trading at its 2018 valuation despite prior capital investments now bearing fruit. The company is... | BULL | View Pitch → |
| Aug 21, 2026 | Fund Letter | Andrew D.W. HillAndrew Hill Investment Advisors, Inc. | Apple Inc. $AAPL• NASDAQ | Application SoftwareSoftware | Long AAPL (Apple Inc.) Apple unveiled its new AI initiative, Apple Intelligence, integrated directly into iOS18 across consumer devices. The firm increased... | BULL | View Pitch → |
| Aug 21, 2026 | Fund Letter | Jason GilbertRGA Investment Advisors LLC | -- | Long PLAY (Dave & Buster's Entertainment, Inc.) RGA initiated a new position in Dave & Buster's after the stock pulled back to $50, seeing an attractive valuation despite macro weakness in low-income consumer spending. The core thesis... | BULL | View Pitch → | |
| Aug 21, 2026 | Substack | Jack Beiro | PayPal Holdings, Inc. $PYPL• NASDAQ | Consumer FinanceConsumer Finance | Long PYPL (PayPal Holdings, Inc.) We initiated a significant position in PayPal at $39.84 per share. | BULL | View Pitch → |
| Aug 21, 2026 | Fund Letter | Eugene NgVision Capital | PayPal Holdings, Inc. $PYPL• NASDAQ | Consumer FinanceConsumer Finance | Long PYPL (PayPal Holdings, Inc.) We exited our entire PayPal (PYPL) position (1.1%). This was our... | BULL | View Pitch → |
| Aug 21, 2026 | Fund Letter | Amy P. RaskinChevy Chase Trust | Apple Inc. $AAPL• NASDAQ | Application SoftwareSoftware | Short AAPL (Apple Inc.) The manager has significantly reduced exposure to mega-cap technology stocks due to growing skepticism over the near-term return on capital for massive artificial intelligence investments. While these firms... | BEAR | View Pitch → |
| Aug 21, 2026 | Fund Letter | Yoav ZelikovicZelikovic Investments | Oil, Gas & Consumable FuelsOil, Gas & Consumable Fuels | Long TPL (Texas Pacific Land Corporation) This asset-rich royalty trust operates with virtually no overhead expenses, generating higher profit margins than software giants. Despite internal governance... | BULL | View Pitch → | |
| Aug 21, 2026 | Fund Letter | John W. RogersAriel Appreciation Fund | Apple Inc. $AAPL• NASDAQ | Application SoftwareSoftware | Long AAPL (Apple Inc.) Apple is defined as one of the 'Magnificent Seven' mega-cap tech stocks driving narrow market returns. | BULL | View Pitch → |
| Aug 21, 2026 | Fund Letter | Travis CockeVoss Value Fund | Playa Hotels & Resorts $PLYA• NASDAQ | -- | Long PLYA (Playa Hotels and Resorts) Playa Hotels and Resorts is the sole publicly traded all-inclusive resort operator, currently trading at an attractive 2018-era valuation despite improved fundamentals and surging travel demand in Mexico and the Caribbean. Management is actively... | BULL | View Pitch → |
| Aug 21, 2026 | Fund Letter | David BastianKingdom Capital Advisors | The Children's Place, Inc. $PLCE• NASDAQ | Apparel, Accessories & Luxury GoodsTextiles, Apparel & Luxury Goods | Long PLCE (The Children's Place, Inc.) The Children's Place is a highly mispriced retail business trading below $30 despite projected earnings of $5 per share in the second half of 2023 as temporary headwinds subside. With resilient historical... | BULL | View Pitch → |
| Aug 21, 2026 | Fund Letter | Zach TurnerFidelity Dividend Growth Fund | Apple Inc. $AAPL• NASDAQ | Application SoftwareSoftware | Short AAPL (Apple, Inc.) Apple shares surged following a record buyback authorization and the announcement of Apple Intelligence device capabilities. The fund remains... | BEAR | View Pitch → |
| Aug 21, 2026 | Fund Letter | ArrowMark Colorado Holdings, LLCMeridian Growth Fund | PayPal Holdings, Inc. $PYPL• NASDAQ | Consumer FinanceConsumer Finance | Long PYPL (PayPal Holdings, Inc.) PayPal, Inc. operates a two-sided digital payments network, offering consumer digital wallets and merchant checkout solutions. | BULL | View Pitch → |
| Aug 21, 2026 | Fund Letter | Chris WallerPlural Investing | Douglas Dynamics Inc. $PLOW• NASDAQ | Auto ComponentsAuto Components | Long PLOW (Douglas Dynamics Inc.) Douglas Dynamics is a good business that has suffered from a cyclical downturn which is now reversing. | BULL | View Pitch → |
| Aug 21, 2026 | Fund Letter | Brent ClaytonSeafarer Overseas Value Fund | -- | Long UPL.NS (UPL, Ltd.) An Indian agricultural chemicals provider, UPL was the fund's worst performer due to negative market reaction to its restructuring plan. The market discounted... | BULL | View Pitch → | |
| Aug 21, 2026 | Fund Letter | Greenlight Capital, Inc.Greenlight Capital | PayPal Holdings, Inc. $PYPL• NASDAQ | Consumer FinanceConsumer Finance | Greenlight Capital - PYPL PayPal Holdings (PYPL) is a consumer-facing payments platform with over 400 million active customers around the world. | NEUTRAL | View Pitch → |
| Aug 19, 2026 | Fund Letter | Greenlight Capital, Inc.Greenlight Capital | PayPal Holdings, Inc. $PYPL• NASDAQ | Consumer FinanceConsumer Finance | Greenlight Capital – PYPL PayPal Holdings (PYPL) is a consumer-facing payments platform with over 400 million active customers around the world. PYPL has long... | BULL | View Pitch → |
| Aug 16, 2026 | Seeking Alpha | Seeking Alpha ContributorSeeking Alpha | PLUMAS BANCORP $PLBC• NASDAQ | -- | Plumas Bancorp Plumas Bancorp has shown strong financial performance, with earnings and revenue exceeding expectations in Q2 2026. The bank has... | NEUTRAL | View Pitch → |
| Aug 11, 2026 | Seeking Alpha | Seeking Alpha ContributorSeeking Alpha | Application SoftwareSoftware | Palantir Technologies, Inc. Palantir Technologies reported a strong Q2 2026 with revenues soaring to $1.9 billion, nearly double from the prior year. Despite this growth,... | BEAR | View Pitch → | |
| Aug 7, 2026 | Other | JB Global Capital | PayPal Holdings, Inc. $PYPL• NASDAQ | Consumer FinanceConsumer Finance | JB Global Capital – PYPL I initiated PayPal at $39.84 per share in February, publishing my thesis in PayPal: Heads I Win, Tails I Don't Lose Much, available in full to paid subscribers... | BULL | View Pitch → |
| Aug 4, 2026 | Seeking Alpha | Seeking Alpha ContributorSeeking Alpha | Application SoftwareSoftware | Palantir Technologies Inc. Palantir Technologies Inc. reported strong Q2 2026 results, significantly beating revenue and earnings estimates. The company demonstrated... | BULL | View Pitch → | |
| Aug 4, 2026 | Seeking Alpha | Seeking Alpha ContributorSeeking Alpha | Application SoftwareSoftware | Palantir Technologies Inc. Palantir Technologies has shown robust growth with a 93% revenue increase in Q2 2026, surpassing the milestone of 1,000 customers and nearly $2 billion in quarterly ... | BULL | View Pitch → | |
| Aug 4, 2026 | Other | Easterly - Global Real Estate Fund | Prologis Inc. $PLD• NYSE | Equity Real Estate Investment Trusts (REITs)Equity Real Estate Investment Trusts (REITs) | Easterly – Global Real Estate Fund – PLD Prologis is a leading global logistics REIT with embedded net operating income growth driven by mark-to-market rent increases and a high-quality development pipeline... | NEUTRAL | View Pitch → |
| Aug 2, 2026 | Seeking Alpha | Seeking Alpha ContributorSeeking Alpha | Apple Inc. $AAPL• NASDAQ | Application SoftwareSoftware | Apple Inc. Apple Inc. is positioned as a unique player in the AI landscape due to its 'CapEx-lite' approach, focusing on product engineering and silicon design rath... | BULL | View Pitch → |
| Jul 31, 2026 | Seeking Alpha | Seeking Alpha ContributorSeeking Alpha | Apple Inc. $AAPL• NASDAQ | Application SoftwareSoftware | Apple Inc. Apple Inc. has recently become the most valuable company in the world, briefly reaching a $5 trillion market cap. Despite its strong... | BEAR | View Pitch → |
| Jul 31, 2026 | Seeking Alpha | Seeking Alpha ContributorSeeking Alpha | Apple Inc. $AAPL• NASDAQ | Application SoftwareSoftware | Apple Inc. Apple Inc. reported strong quarterly results with a 16% increase in revenue to $109.42 billion, surpassing analyst expectations. Despite this, the... | BULL | View Pitch → |
| Feb 25, 2026 | Fund Letter | Dr. Hendrik LeberACATIS Investment | Application SoftwareSoftware | ACATIS Investment 2024 Q4 (PLTR) The share price is driven not just by high growth rates (30-40% in the US) but also by the hopeful anticipation of large projects from the technology-friendly Trump government. Together with Anduril,... | BULL | View Pitch → | |
| Feb 25, 2026 | Fund Letter | Dr. Hendrik LeberACATIS Investment | Application SoftwareSoftware | ACATIS Investment 2025 Q4 (PLTR) Palantir, the specialist for AI-supported data analysis, was sold due to its significant dependency on US government business and the resulting political risks for international contracts as tensions between the US and the rest of the world escalate. Also, the company's... | BEAR | View Pitch → | |
| Feb 25, 2026 | Fund Letter | Tim GallagherUnconventional Value | Planet Labs PBC $PL• NYSE | Aerospace & DefenseAerospace & Defense | Unconventional Value 2025 Q4 (PL) I think the calculus looks a lot different at 22x revenue than 2x revenue. I think we've... | BULL | View Pitch → |
| Feb 20, 2026 | Fund Letter | Zach TurnerFidelity Dividend Growth Fund | Apple Inc. $AAPL• NASDAQ | Application SoftwareSoftware | Fidelity Dividend Growth Fund 2025 Q4 (AAPL) A sizable underweight in Apple also hurt, as the stock advanced about 7% this quarter. The stock was... | 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.