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 |
|---|---|---|---|---|
The Gabelli ABC Fund Mario J. Gabelli, CFA, Willis Brucker | “Taylor Morrison Home Corp. is a national community developer and homebuilder with over 350 communities concentrated in prime locations across 21 markets in 12 states. Berkshire Hathaway agreed to acquire TMHC for $72.50 per share in cash on May 31. U.S. antitrust approval has already been received. The shareholder meeting is scheduled for July 22. The transaction is expected to be completed in the second half of 2026.” | NEUTRAL | Q2 2026 Aug 14, 2026 | View Pitch |
Third Avenue Small Cap Value Fund Matthew Fine, CFA and Jason Wolf, CFA | “Taylor Morrison Home Corporation is the fifth largest U.S. homebuilder and land developer. With operations spanning twelve states, the company is well respected for the quality of its product and its management team. The core Taylor Morrison brand serves entry-level and move-up buyers, while the company's Yardly segment operates as a build-to-rent platform in nine markets. The company also caters to the premium resort-lifestyle and active-adult segment through its Esplanade offering. Prior to its recent strong appreciation, Taylor Morrison's valuation seemed incommensurate with its underlying business value. The company also bore some similarities to former Fund holding Tri Pointe Homes regarding the strength of its asset quality, including a strategically located land bank with an attractive cost basis and a strong position in attractive customer segments. Taylor Morrison is also extremely well-financed and the company has been an aggressive buyer of its own stock at attractive prices. The combination of opportunistic buybacks, consistent profitability and reduced capital intensity, due to a shift to a more asset light operating model, has led to the compounding of book value per share at impressive rates. Yet, shortly after our purchase, the company announced that it had reached an agreement to be purchased by Berkshire Hathaway. Berkshire, presumably appreciating the strategic merits and discounted valuation we described above, offered a premium of slightly more than 25% to acquire the company, adding to its existing homebuilding operations. While we intended to own Taylor Morrison for years into the future, and we perceive Berkshire to be acquiring the company at an attractive valuation, we have had a brief but successful investment, and we wish Berkshire and Taylor Morrison's management team future success together.” | BULL | Q2 2026 Jul 28, 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.
