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 |
|---|---|---|---|---|
ROCKLINC Partners Fund Jonathan Wellum | “Royal Gold is the world's third-largest precious metals royalty company, holding 40 producing, 19 development, and 112 exploration assets. Roughly 76% of 2024 revenue came from gold, and 60% of total revenue from Tier 1 jurisdictions (Canada, U.S., Australia). With revenue and free cash flow compounding at 11% annually and dividends up 15% since 2000, Royal Gold has delivered over 290% shareholder returns in a decade. In July 2025, it announced the acquisition of Sandstorm Gold for a 21% premium, creating a combined portfolio of 393 assets with 87% revenue from precious metals. :contentReference[oaicite:4]{index=4} BSD Analysis: Royal Gold's merger with Sandstorm creates a dominant global royalty platform with superior cash flow diversification. Strong Tier 1 exposure, disciplined capital allocation, and scalability underpin long-term compounding.” | 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.
