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 |
|---|---|---|---|---|
Rockwood Strategic Richard Staveley | “James Fisher, a 175-year-old engineering services company, operates across 18 countries serving energy, renewables, and defense sectors. FY2024 sales were £438m, EBITDA £51m, EBIT £29.5m, and ROCE 8.2%. The company became over-leveraged due to poor acquisitions, but new leadership has restructured into three divisions, disposed of £56m in assets, and aims for margin recovery to 10% and ROCE of 15%. Current valuation (~4.5× EBITDA, 0.6× EV/Sales) implies over 200% upside to normalized 10× EBITDA. :contentReference[oaicite:2]{index=2} BSD Analysis: Fisher's balance sheet repair and managerial reset mark an inflection point. Margin normalization and asset sales underpin rerating potential. Exposure to defense and renewables adds resilience.” | BULL | Q3 2025 Sep 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.