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 |
|---|---|---|---|---|
Vulcan Value Partners - Small Cap C.T. Fitzpatrick | “MillerKnoll was a material contributor to our performance in the quarter, after being a detractor in the prior quarter. Despite the company's strong share price performance of late, MillerKnoll remains one of our most discounted businesses. As a result, the company continues to command a significant weight in our strategy. MillerKnoll's recent operating performance exceeded our expectations, most notably in its largest and most profitable North American Contract segment. It generated strong free cash flow and used it primarily to de-lever. As we said in last quarter's commentary, we have long believed that MillerKnoll's premium brands, multi-channel distribution model, and global reach reinforce the value stability of the business. We continue to believe that depressed volume trends in both its commercial and residential end markets are holding back the true normal earnings power of the business, which is materially higher relative to today's earnings. In the meantime, we own an iconic company, supported by a strong balance sheet and a tenured management team, at a discount to our estimate of intrinsic value that remains incredibly compelling.” | BULL | Q2 2026 Jul 23, 2026 | View Pitch |
Vulcan Value Partners Portfolio Manager | “MillerKnoll performed strongly during the quarter, using robust free cash flow generation to pay down debt. While depressed commercial and residential end markets are temporarily depressing earnings, the company's brand power and distribution network make its current discounted price highly compelling.” | BULL | Q2 2026 Jun 30, 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.
