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 |
|---|---|---|---|---|
Edgewood Management Alan Breed | “Undermonetized Average Revenue Per User (ARPU) with levers: quarterly ARPU sits below META, slightly above SNAP and PINS. Near-term lifts from higher ad load and enabling search monetization; durable lift from moving down-funnel into performance advertising. International is the user-growth engine: international Daily Average Uniques (DAUq) compounding ~20%+ off a low base on machine-learning content translation (35 languages) and marketing; supports double-digit blended user growth through 2030. Margin expansion off a lean base: 91% gross margin, 40% EBITDA; management targets 50% North Star with leverage on R&D and G&A. AI as potential upside: licensing deals with two large language models (LLMs) expected to renew in 1H'27 under more favorable terms; further upside possible through new deals signed or legal settlements. Reddit is the #1 cited source across AI search engines.” | NEUTRAL | Q2 2026 Jul 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.
