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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 | 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 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 | 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 | Sebastian Lyon, Charlotte YongeTrojan Fund from Troy Asset Management | -- | Trojan Fund from Troy Asset Management - ALC.SW Whereas Visa's latest quarter revealed one of the strongest underlying growth rates in more than a decade, Alcon's operating performance has been less than stellar. The shares are... | BULL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Tectonic Investors | Metals & MiningMetals & Mining | Tectonic Investors - WGX.AX Our gold positions were a drag on performance during the quarter, as the gold price underwent a significant correction after reaching an all-time high of over USD 5,590/oz in late January. Renewed inflation concerns... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Richard OldfieldOldfield Partners Overstone World All Cap Equity Fund | -- | Oldfield Partners Overstone World All Cap Equity Fund - BTRW.L Barratt has suffered from a general failure in the UK housing market. The present government... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Paul CerroCedar Grove Capital Management | Sanuwave Health, Inc. $SNWV• NASDAQ | Health Care Equipment & SuppliesHealth Care Equipment & Supplies | Cedar Grove Capital Management - SNWV Our biggest detractors were KITS Eyewear (KITS.TO), Sanuwave Health (SNWV), and Evolv Technologies (EVLV). Sanuwave was a... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Focus Asset Management Ltd.Focus Wealth Management | Construction & EngineeringConstruction & Engineering | Focus Wealth Management - WSP.TO During the quarter, we initiated a position in Montreal-based engineering and professional services firm WSP Global, whose shares have come under pressure amid concerns that AI will erode demand for engineering services. We believe those... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Brad HathawayFar View Capital Management | Sanuwave Health, Inc. $SNWV• NASDAQ | Health Care Equipment & SuppliesHealth Care Equipment & Supplies | Far View Capital Management - SNWV Offsetting these solid results, Far View suffered substantial losses in Sanuwave (SNWV). Continued disruption in... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Ned BellBell Global Equities Fund | Lowe's Companies $LOW• NYSE | Other Specialty RetailSpecialty Retail | Bell Global Equities Fund - LOW Another stock introduced to the portfolio was Lowe's, the second-largest home improvement retailer in the United States. We have owned... | BEAR | View Pitch → |
| Sep 2, 2026 | Fund Letter | Scott O'Gorman, Andy Colyer, Daniel WhiteIthaka US Growth Strategy | CrowdStrike Holdings, Inc. $CRWD• NASDAQ | Application SoftwareSoftware | Ithaka US Growth Strategy - CRWD CrowdStrike is a global leader in cloud-native cybersecurity, delivering its comprehensive Falcon platform, which spans endpoint protection, cloud security, identity threat detection, and next-gen Security Information and Event Management (SIEM), to tens of thousands of enterprise organizations worldwide. The company generates... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Patrick Kelly, Dan Chung, Ankur CrawfordAlger Spectra Fund | Technology Hardware, Storage & PeripheralsTechnology Hardware, Storage & Peripherals | Alger Spectra Fund - WDC Western Digital is a hard disk drive (HDD) storage company benefiting from rising hyperscaler data-center investment and the continued proliferation of data. The HDD industry... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | David SteinthalL1 Capital International Fund | IT ServicesIT Services | L1 Capital International Fund - CDW CDW is a leading provider of products and solutions in the information technology (IT) industry in North America and the U.K. It acts as a value-added reseller for many of the leading IT businesses. Management is executing... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Ned Bell, Joel Connell, Matt SaddingtonBell Global Emerging Companies Fund | Investment Banking & BrokerageCapital Markets | Bell Global Emerging Companies Fund - PGHN.SW Regarding laggards, Partners Group, a leading Swiss private markets manager, underperformed in June following reports of elevated redemption requests across its evergreen (semi-liquid) funds, prompting the firm to temporarily cap withdrawals in certain vehicles in line with standard liquidity provisions. While the market... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Emerald Wealth Partners Growth Equity Strategy | CrowdStrike Holdings, Inc. $CRWD• NASDAQ | Application SoftwareSoftware | Emerald Wealth Partners Growth Equity Strategy - CRWD We met with Michael Sentonas, President CrowdStrike, early July. The discussion centered... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Emerald Wealth Partners Growth Equity Strategy | ServiceNow, Inc. $NOW• NASDAQ | Application SoftwareSoftware | Emerald Wealth Partners Growth Equity Strategy - NOW At their 2026 Financial Analyst Day ServiceNow positioned itself not as a traditional Software as a Service (SaaS) vendor at risk of being disintermediated by foundation models, but as the orchestration, governance, and action layer on top of which enterprise AI is operationalized. CEO Bill McDermott... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Nathan Fredrick, CFARiverwater Micro Opportunities Strategy | Lifeway Foods $LWAY• NASDAQ | Food ProductsFood Products | Riverwater Micro Opportunities Strategy - LWAY We added Lifeway Foods (LWAY) in April, the dominant U.S. producer of kefir. Lifeway reported record... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Matthew FineThird Avenue Value Fund | Tidewater Inc. $TDW• NYSE | Energy Equipment & ServicesEnergy Equipment & Services | Third Avenue Value Fund - TDW However, on the more frustrating end of the performance ledger were Tidewater, Valaris, Harbour Energy, BMW and Jardine Cycle & Carriage. Although, it should... | BULL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Ennismore Fund Management LimitedEnnismore Global Equity Fund | IT ServicesIT Services | Ennismore Global Equity Fund - WISE.L Wise (which we discussed in June 2022 and September 2025) is a clean illustration of the point. Its operating performance... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Andrew BrownEast72 Dynasty Trust | IT ServicesIT Services | East72 Dynasty Trust - WISE.L The consensus expectation of May's NASDAQ listing for Wise Group PLC facilitating a re-rating of the shares proved fallacious – the shares reached an eight-month high on the appointed day and promptly fell 32% in a month, to our benefit. This was partly... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Amy ZhangAlger Mid Cap Focus Fund | Technology Hardware, Storage & PeripheralsTechnology Hardware, Storage & Peripherals | Alger Mid Cap Focus Fund - WDC Western Digital is a hard disk drive (HDD) storage company benefiting from rising hyperscaler data-center investment and the continued proliferation of data. The HDD industry... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | TimesSquare Capital Management LLCTimesSquare Capital Management U.S. Mid Cap Growth Strategy | Snowflake Inc. $SNOW• NASDAQ | Application SoftwareSoftware | TimesSquare Capital Management U.S. Mid Cap Growth Strategy - SNOW Snowflake Inc. (SNOW), a provider of cloud data warehouse software, was a top contributor during the second quarter. Snowflake's first-quarter results... | BULL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Home FurnishingsHousehold Durables | Colebrooke Partners - HWDN.L Howdens manufactures and distributes fitted kitchens and joinery, and sells them exclusively to the building trade, the small local builders and fitters who install most of Britain's kitchens, through a network of 891 UK depots. The homeowner is... | NEUTRAL | View Pitch → | ||
| Sep 2, 2026 | Fund Letter | Emma Fisher & Matt WilliamsAirlie Australian Share Fund | Diversified BanksBanks | Airlie Australian Share Fund - WBC.AX Westpac is a great illustration of the changing market forces driving share prices. In FY23 it... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Jay WarnerArtisan Partners Small Cap Fund | Twist Bioscience Corp. $TWST• NASDAQ | Life Sciences Tools & ServicesLife Sciences Tools & Services | Artisan Partners Small Cap Fund - TWST Twist Bioscience is a life sciences company that leverages a proprietary silicon-based DNA writing platform, with synthetic biology applications across drug discovery, diagnostics, agriculture and industrial materials. Shares rose 116%... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Achilleas TaxildarisThe Bristol Gate U.S. Equity Strategy | W.R. Berkley $WRB• NYSE | InsuranceInsurance | The Bristol Gate U.S. Equity Strategy - WRB R. Berkley is a... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Matt Kamm, Jason White, Jim Hamel, Angela Wu, Jay WarnerArtisan Mid Cap Fund | Air Freight & LogisticsAir Freight & Logistics | Artisan Mid Cap Fund - CHRW H. Robinson Worldwide is... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Mike PoggiBrown Advisors Global Leaders Strategy | Workday, Inc. $WDAY• NASDAQ | Application SoftwareSoftware | Brown Advisors Global Leaders Strategy - WDAY Our investments across software and cloud-service providers were weak, including Microsoft, Autodesk and Workday. We exited Autodesk... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Bob SharpeVela International Fund | Health Care Equipment & SuppliesHealth Care Equipment & Supplies | Vela International Fund - TECN.SW Tecan Group (Health Care; TECN) was the third-best contributor in the quarter. Tecan is a... | BULL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Chris WallerPlural Investing | Textiles, Apparel & Luxury GoodsTextiles, Apparel & Luxury Goods | Plural Investing - WOSG.L Watches of Switzerland is a retailer and partner to Rolex and other luxury watch brands. Rolex only sells... | BULL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Brown Advisors Mid Cap Growth strategy | Snowflake Inc. $SNOW• NASDAQ | Application SoftwareSoftware | Brown Advisors Mid Cap Growth strategy - SNOW We initiated a position in Snowflake Inc (SNOW), a cloud-native data platform our research team has followed closely for years. Snowflake sits at... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Matthew BerryAoris International Fund | W.W. Grainger $GWW• NYSE | Trading Companies & DistributorsTrading Companies & Distributors | Aoris International Fund - GWW Grainger is a leading distributor of maintenance, repair and operating (MRO) supplies in North America and Japan. Around 80% of... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | C.T. FitzpatrickVulcan Value Partners - All Cap | ServiceNow, Inc. $NOW• NASDAQ | Application SoftwareSoftware | Vulcan Value Partners All Cap - NOW We believe that ServiceNow is also one of the best businesses in the world. ServiceNow automates workflows... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Lawrence Burns / Paulina McPaddenBaillie Gifford -International Concentrated Growth | Life Sciences Tools & ServicesLife Sciences Tools & Services | Baillie Gifford International Concentrated Growth - LONN.SW We added three new holdings to the portfolio during the quarter: SK Hynix, Lonza and CATL. Each business provides... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Brent JacksonBaillie Gifford - US Equity Growth | Snowflake Inc. $SNOW• NASDAQ | Application SoftwareSoftware | Baillie Gifford US Equity Growth - SNOW Snowflake is a good example. Its shares halved... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | David SteinthalPlatinum International Fund | IT ServicesIT Services | Platinum International Fund - CDW CDW is a leading provider in the information technology (IT) industry in North America and the UK. It is a... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | David ShermanCrossingBridge Advisors | Movies & EntertainmentEntertainment | CrossingBridge Advisors - WBD Warner Bros. Discovery is a... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Greg DeanLangdon Canadian Smaller Companies | -- | Langdon Canadian Smaller Companies - AW.UN.TO A&W Food Services is one of the businesses that best illustrates this disconnect. For many Canadians,... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Dominick D'AngeloO'Keefe Stevens Advisory, Inc | Corning Inc. $GLW• NYSE | Electronic Equipment, Instruments & ComponentsElectronic Equipment, Instruments & Components | O'Keefe Stevens Advisory, Inc - GLW Our positions in NVIDIA, Qualcomm, and Corning were put on almost a decade prior to the AI boom. Q2 gave us... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Leisure FacilitiesHotels, Restaurants & Leisure | Wasatch Frontier Emerging Small Countries Strategy - BFT.WA Benefit Systems SA was also a top contributor. The company operates... | BULL | View Pitch → | ||
| Sep 2, 2026 | Fund Letter | Zack BuckleyBuckley Capital | Light & Wonder, Inc. $LNW• NYSE | -- | Buckley Capital - LNW Light & Wonder is a leading global gaming company that develops and distributes casino content across land-based, online, and mobile channels. Its core gaming... | BULL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Roderick van ZuylenNight Watch Investment Management | Textiles, Apparel & Luxury GoodsTextiles, Apparel & Luxury Goods | Night Watch Investment Management - WOSG.L Watches of Switzerland Group (WOSG LN) has been a core position since our inception in 2024. It has been... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Antipodes Partners LimitedAntipodes Global Fund | Oil & Gas Exploration & ProductionOil, Gas & Consumable Fuels | Antipodes Global Fund - WDS.AX We exited Woodside as the margin of safety compressed under weak pricing, contracting difficulties and elevated capex. FY2025 underlying profit... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Antipodes Partners LimitedAntipodes Global Fund | Shockwave Medical Inc. $SWKS• NASDAQ | Semiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment | Antipodes Global Fund - SWKS We have continued to lean into a cluster of analog, power, RF (radio frequency) and specialty-semiconductor names over the Quarter. Qorvo and Skyworks... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Antipodes Partners LimitedAntipodes Global Fund | SemiconductorsSemiconductors & Semiconductor Equipment | Antipodes Global Fund - 3711.TW Taiwanese based ASE Technology Holding Co. surged over the Quarter as investors increasingly recognised its strategic position in the AI semiconductor supply chain. Robust demand for... | NEUTRAL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | James A. RobillardSpyglass Growth Strategy | Snowflake Inc. $SNOW• NASDAQ | Application SoftwareSoftware | Spyglass Growth Strategy - SNOW Snowflake Inc. (SNOW), a provider of cloud data warehouse software, was a top contributor during the second quarter. Snowflake's first-quarter results... | BULL | View Pitch → |
| Sep 2, 2026 | Fund Letter | Peter SmithPalm Harbour Capital | Textiles, Apparel & Luxury GoodsTextiles, Apparel & Luxury Goods | Palm Harbour Capital - WOSG.L The top contributor during the quarter was Watches of Switzerland (+59.2% +113 bps), the British dealer of luxury watches and Rolex's most important authorized dealer. After reporting 18%... | BULL | View Pitch → | |
| Sep 2, 2026 | Fund Letter | Hotchkis & Wiley Large Cap Fundamental Value | Workday, Inc. $WDAY• NASDAQ | Application SoftwareSoftware | Hotchkis & Wiley Large Cap Fundamental Value - WDAY Workday Inc. (WDAY) is a leader in cloud software for back-office business functions, spanning human capital management (HCM), financial management, and adjacent ERP (enterprise resource planning) products, with 60% of the Fortune 500 as HCM customers. Shares declined over... | NEUTRAL | View Pitch → |
| Sep 2, 2026 | Fund Letter | -- | Harding Loevner International Small Companies Equity - 2436.TW Silergy makes analog power-management chips used in electronics, vehicles, and servers. The company's proprietary... | NEUTRAL | View Pitch → | ||
| Sep 2, 2026 | Fund Letter | Stewart Investors | Other Specialty RetailSpecialty Retail | Stewart Investors - MWG.VN Mobile World (MWG), Vietnam's largest electronics retailer, with a growing business in grocery stores. We have been... | 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.