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 |
|---|---|---|---|---|
Hennessy Equity and Income Fund Stephen M. Goddard, Samuel D. Hutchings, Gary B. Cloud, Peter G. Greig | “The largest contributor year-to-date based on relative performance vs. the benchmark was Entegris, as it benefited from improving fab utilization and accelerating AI-driven semiconducto” | BULL | Q2 2026 Aug 6, 2026 | View Pitch |
Hennessy Equity and Income Fund Stephen M. Goddard, Samuel D. Hutchings, Gary B. Cloud, Peter G. Greig | “The largest contributor year-to-date based on relative performance vs. the benchmark was Entegris, as it benefited from improving fab utilization and accelerating AI...” | BULL | Q2 2026 Aug 6, 2026 | View Pitch |
BBH Select Series - Mid Cap Fund Timothy F. Harris | “Entegris returned 53.5% during the quarter, ending with a weight of 6.4%. Entegris is a key supplier to the semiconductor industry of essential filtration products, materials, and related delivery equipment that enables the high precision fabrication of semiconductor chips. Entegris reported strong first quarter 2026 results and provided second quarter guidance above consensus with accelerating growth in second and third quarter 2026. This matches an upgraded view of industry end markets, with wafer volumes now expected to grow mid- to high-single digits for 2026 and fab construction to grow high-single digits, both of which were low-single digits expectations just last quarter. Relatively new CEO Dave Reeder indicated a focus on gross margins when he started, and that is evident from the substantial improvement in first quarter 2026 that is expected to continue over the year. Gross margin of 46.9% was significantly above guidance of 44.5-45.5% and increased 310 basis points from fourth quarter 2025. Lastly, Entegris now aims to bring net leverage to 3.0x by year end, driven by robust free cash flow of at least $450m.” | NEUTRAL | Q2 2026 Jul 30, 2026 | View Pitch |
Fenimore Dividend Focus Strategy John Fox | “ENTG reported poor results in the first quarter due to macro uncertainty as well as tariffs on product going to and from China. Management believes the second half of the year will show improvement as some of their customers begin producing the next smaller node, which uses significantly more of their product. Additionally, new facilities in Colorado and Taiwan should be fully qualified by customers, which bodes well for 2026. BSD Analysis: Despite near-term headwinds, Entegris is well positioned for a cyclical upturn as leading-edge node transitions structurally increase material intensity. Tariff exposure is transitory, while capacity ramps in Colorado and Taiwan support mid-term revenue acceleration. The company's dominant share in filtration and specialty materials provides pricing leverage and high switching costs. Valuation remains depressed relative to normalized earnings power.” | BULL | Q2 2025 Jun 30, 2025 | 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.
