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 |
|---|---|---|---|---|
Aoris International Fund Matthew Berry | “RELX provides data and software tools to a variety of professional markets, including legal, insurance, risk, and scientific research. The data at the core of RELX's solutions is proprietary and not available to AI models. Rather than undermining the value of its solutions, technology, including AI, enhances it. In the Legal segment, RELX released LexisNexis Protégé, a purpose-built AI assistant for legal work, contributing to accelerated growth. Building on the acceleration in earnings growth over the last two years, we expect to see further strategic progress and strong earnings growth in the years ahead. BSD Analysis: RELX is what happens when information becomes infrastructure. Its analytics, legal, scientific, and risk platforms are embedded in workflows where accuracy beats cost. Customers don't churn because the downside of switching is professional embarrassment or regulatory failure. Subscription revenue is recurring, high-margin, and incredibly sticky. AI enhances RELX's products rather than threatening them by making data more actionable. Growth is steady and unexciting — exactly how infrastructure behaves. Capital allocation is disciplined and shareholder-friendly. This is not a media company anymore. It's decision-making plumbing with monopoly-like economics.” | BULL | Q4 2025 Dec 31, 2025 | View Pitch |
Aoris International Fund Matthew Berry | “RELX has evolved from a print publisher into a global leader in data, analytics, and software tools deeply embedded in professional workflows. Its Digital Identity Network, used by 9 of the 10 largest global banks, provides fraud prevention through vast proprietary datasets. RELX's legal division has rapidly adopted AI-powered tools for drafting memos, researching precedents, and monitoring regulations, driving accelerated growth. Management views AI as an opportunity to enhance its services, not a threat. RELX continues to deliver rising revenues and profitability through expanding adoption of AI tools across markets. :contentReference[oaicite:1]{index=1} BSD Analysis: RELX's deep data moat and workflow integration create powerful competitive advantages. Its business model blends subscription-based analytics, AI automation, and software licensing, resulting in over 90% recurring revenue and high visibility. As AI further automates information discovery, RELX is well placed to improve productivity and pricing power across its legal, scientific, and risk segments. The company's history of disciplined M&A and steady margin expansion, combined with double-digit EPS growth, make it one of Europe's most consistent compounders. AI integration enhances not only user experience but also scalability, extending RELX's leadership across regulated data markets.” | 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.
