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 |
|---|---|---|---|---|
Horizon Kinetics Murray Stahl | “Why would another company that increased its 15-year earnings per share by 14% trade at a P/E of 11x? Penske's inside-ownership is over 50%, so the float-adjusted market cap is only half that $11 billion. Another 20% of Penske's shares is held by a Japanese company, Mitsui, so Penske's float, despite an $11 billion market value, is more like $3 billion. And Penske has bought back 18% of its shares in the past 5 years. Last week, subsequent to the writing of this paragraph, Penske Automotive—the publicly traded company—received an offer from the privately held Penske Corporation and Mitsui & Co. to buy the remaining 17% of the shares they don't yet own.” | NEUTRAL | Q2 2026 Aug 4, 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.
