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 |
|---|---|---|---|---|
Moerus Capital Management LLC Amit Wadhwaney | “We also initiated a position in shares of CNH Industrial NV. CNH Industrial manufactures and sells specialized machines and services for the farming and construction industries under the Case IH and New Holland brands. The production of high horsepower agricultural equipment (i.e. tractors, combines, etc.) for professional farmers is an oligopoly, of which CNH is the second largest original equipment manufacturer behind John Deere. The dismal near-term financial outlook for farmers has weighed on expectations for farm equipment sales, depressing CNH's stock price and creating an attractive entry point, in our view. Despite recent hardships, the Federal Reserve Bank of Kansas City estimates that U.S. farmer debt-to-asset ratios generally remain reasonably healthy, while the average fleet age for tractors and combines is believed to be near a 25-year peak – suggesting the potential for an eventual replacement cycle. Meanwhile, we believe CNH is well-positioned in a consolidated industry and has a strong balance sheet with which to weather the near-term headwinds. Furthermore, it is controlled by another Fund holding, Exor NV, whom we view as strong owners. Recent business decisions seem to bear this out, as CNH spun out its commercial vehicle segment (Iveco) in 2022, increasing its focus on its primary business, and initiated its first ever stock buyback program, repurchasing nearly 13% of the equity market capitalization since it was announced in 2023.” | BEAR | Q2 2026 Aug 14, 2026 | View Pitch |
Harris Associates Concentrated Strategy Tony Coniaris | “CNH Industrial was a contributor during the quarter. The European headquartered agricultural and farm machinery company saw its stock rise as it reported results that were modestly ahead of expectatio” | BULL | Q1 2026 Mar 31, 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.
