Institutional ticker directory tracking stock mentions, long/short ideas, and high-conviction pitches extracted from quarterly hedge fund letters.
| Ticker | Company | Sector | Industry | Pitches | Stance |
|---|---|---|---|---|---|
| Fund / Manager | Thesis Excerpt | Stance | Period / Date | Action |
|---|---|---|---|---|
Oakmark Fund International Small Cap David G. Herro | “Arcadis NV ($ARCAD.AS) is a global design and engineering consultancy specializing in environmental, water, infrastructure, and commercial buildings projects, representing 0.7% of the fund's net assets. The manager initiated a position based on the view that the business is mispriced due to unwarranted fears of artificial intelligence disruption and temporary margin compression relative to direct peers. Consulting platforms enjoy strong economic moats rooted in client relationships, specialized technical credentials, and non-discretionary regulatory compliance needs. Arcadis is undergoing an operational restructuring under new leadership designed to eliminate legacy organizational complexity and close its operating margin gap, unlocking substantial operating leverage from its baseline. Key catalysts include margin expansion toward peer levels starting from the FY26 baseline and potential valuation re-rating driven by sector consolidation. Key risks encompass public sector infrastructure spending delays and project execution cost overruns.” | BULL | Q3 2026 Oct 13, 2026 | View Pitch |
Each excerpt above is the manager's commentary on this ticker specifically. The full letter has the rest of their portfolio thinking, risk discussion, and broader institutional context.
