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 |
|---|---|---|---|---|
Forager Australian Shares Fund Steve Johnson | “RPMGlobal was a textbook example of value being recognised by an industry buyer. The mining software business had been one of the Fund's largest investments for years, helped by industry-leading products and a growing base of mission-critical subscription revenue. Caterpillar's $5.00 per share cash bid, completed in February, crystallised that value and represented a 33% premium to RPMGlobal's last close before the initial proposal. It was a pleasing result, but not a surprise. The business had been steadily increasing recurring revenue, with operating leverage and free cash flow starting to follow. The takeover brought forward that future value.” | BULL | Q2 2026 Jul 15, 2026 | View Pitch |
Lakehouse Small Companies Fund Donny, Erwin, Nick, and the Lakehouse Team | “RPM Global entered the fund's top five holdings following the divestment of its lower-margin Advisory unit, turning the company into a pure-play enterprise software business. Led by a highly skilled CEO with a history of outstanding capital allocation and opportunistic stock buybacks, the firm is preparing to distribute proceeds from the sale in a tax-efficient manner. The core software business continues to grow steadily, aided by positive tailwinds in the wider M&A market.” | BULL | Q1 2025 Mar 31, 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.
