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 |
|---|---|---|---|---|
FPA Queens Road Small Cap Value Fund Steve Scruggs | “Littelfuse (LFUS) manufactures niche electrical components including fuses, sensors, passives and semiconductors that are sold into a broad array of end markets. Mid-single digit organic growth is supplemented by tuck in acquisitions and the company has high teens operating margins and strong returns on capital. We significantly added to our position in April 2025 when the stock declined on tariff fears. Since then, LFUS's share price has more than doubled as the company demonstrated it could navigate tariffs, sales and orders accelerated out of their post-Covid trough, and the company recorded incremental sales into data centers. Arrow and Littelfuse are very well run and we expect them to be compounders for many years.” | NEUTRAL | Q2 2026 Aug 12, 2026 | View Pitch |
Vulcan Value Partners - All Cap C.T. Fitzpatrick | “Littelfuse is an industrial manufacturing company focused on developing circuit protection, sensing, and power control products used to safeguard electrical systems in automotive, industrial, and electronics end markets. Its portfolio includes fuses, power semiconductors, relays, sensors, and surge protection devices that help prevent electrical damage and enhance reliability. The company reported strong results for the quarter with revenues rising 19% and operating margins improving by over 300 basis points. Their data center business is now a double-digit percentage of revenue and is growing rapidly. We expect the company to continue to experience attractive top-line growth and margin expansion over the next several years.” | NEUTRAL | Q2 2026 Jul 23, 2026 | View Pitch |
Vulcan Value Partners - Small Cap C.T. Fitzpatrick | “Littelfuse is an industrial manufacturing company focused on developing circuit protection, sensing, and power control products used to safeguard electrical systems in automotive, industrial, and electronics end markets. Its portfolio includes fuses, power semiconductors, relays, sensors, and surge protection devices that help prevent electrical damage and enhance reliability. The company reported strong results for the quarter with revenues rising 19% and operating margins improving by over 300 basis points. Their data center business is now a double-digit percentage of revenue and is growing rapidly. We expect the company to continue to experience attractive top-line growth and margin expansion over the next several years.” | NEUTRAL | Q2 2026 Jul 23, 2026 | View Pitch |
Heartland Value Plus Fund Andrew J. Fleming | “Littelfuse (LFUS), an electronics component supplier specializing in power management fuses for electrical products. The company's products have historically been used in telecommunications, consumer electronics, and the industrial sectors. What has gotten the market's attention lately are Littelfuse's high-medium voltage protection products, which are key to the AI data center buildout. A few years ago, the company's data center/grid utility infrastructure sales were largely immaterial. Today, that has grown to around 20% of the business and is highly profitable. The stock has surged 40% since the end of March, after the company delivered a very strong quarter. Bookings are up more than 20% year over year while EPS continues to rise. Just as important, management is using those growing earnings to return cash to shareholders through rising dividends and stock buybacks. Yet even after large stock gains over the past 12 months, LFUS continues to trade at a discount to its peers, which are sporting an average multiple of nearly 40X earnings.” | NEUTRAL | Q2 2026 Jul 17, 2026 | View Pitch |
VVP Q2 Letter 06.30.26 Portfolio Manager | “Littelfuse has delivered impressive organic revenue growth and significant margin expansion driven by its essential circuit protection components. The company is benefiting from secular growth tailwinds, particularly from its rapidly growing exposure to data center infrastructure.” | BULL | Q2 2026 Jun 30, 2026 | View Pitch |
Vulcan Value Partners Focus Plus Vulcan Value Partners LLC | “Littelfuse is a global leader in circuit protection leveraged to structural electrification trends across industries. Recent inventory de-stocking has depressed near-term results, creating a valuation discount ahead of an anticipated growth recovery.” | BULL | Q4 2023 Dec 31, 2023 | View Pitch |
Vulcan Value Partners - Small Cap C.T. Fitzpatrick | “Littelfuse is the global leader in circuit protection, positioning it directly in front of the secular trend toward electrification. Temporary inventory destocking across industrial channels has depressed short-term financial performance. Vulcan views this cyclical soft patch as an opportunity to hold a top-tier business at a discount.” | BULL | Q4 2023 Dec 31, 2023 | View Pitch |
Vulcan Value Partners - All Cap C.T. Fitzpatrick | “Littelfuse holds a dominant global leadership position in circuit protection hardware, benefiting from electrification secular trends. Temporary revenue headwinds caused by post-pandemic inventory destocking provided a discounted investment entry point. Growth is anticipated to re-accelerate within 12 months as customer inventories normalize.” | BULL | Q4 2023 Dec 31, 2023 | View Pitch |
Vulcan Value Partners - Focus Vulcan Value Partners, LLC | “Littelfuse is the global leader in circuit protection, positioned to capture secular growth from global electrification trends. Short-term performance has been hindered by temporary customer inventory de-stocking following the pandemic. Vulcan anticipates a return to growth within a year while enjoying a valuation margin of safety.” | BULL | Q4 2023 Dec 31, 2023 | 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.
