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 |
|---|---|---|---|---|
Alger Small Cap Focus Fund Amy Zhang | “Tutor Perini Corporation is a leading construction company providing a broad range of general contracting, construction management, and design-build services to private and public-sector clients globally. Tutor Perini's offerings include comprehensive project management and self-performed construction services such as site preparation, concrete, steel erection, electrical work, mechanical systems, plumbing, HVAC, and fire protection. Shares rose after strong Q2 results and raised FY 2025 guidance. Management also reiterated expectations for a meaningful step-up in earnings in 2026, reflecting a supportive infrastructure spending backdrop and continued improvement in project execution, which together bolstered investor confidence. BSD Analysis: Tutor Perini offers turnaround and infrastructure-spending leverage. Backlog > $8 billion and federal funding tailwinds support margin recovery to 6%+. Trading at ~9× 2025 EPS and below book value, valuation is compelling given cash-flow inflection and potential debt reduction. Key catalysts: execution discipline and public-works awards.” | BULL | Q3 2025 Oct 8, 2025 | View Pitch |
Alger Small Cap Focus Fund Amy Zhang | “Tutor Perini Corporation is a leading construction company providing a broad range of general contracting, construction management, and design-build services to private and public-sector clients globally. Tutor Perini's offerings include comprehensive project management—from pre-construction planning to detailed scheduling of labor, equipment, materials, and subcontractors—as well as self-performed construction services such as site preparation, concrete forming and placement, steel erection, electrical work, mechanical systems, plumbing, HVAC (heating, ventilation, and air conditioning), and fire protection. Shares of Tutor Perini contributed positively during the quarter after the company reported strong first-quarter financial results and increased its full-year 2025 earnings guidance. Additionally, management reiterated its expectation that company earnings could double in 2026 from 2025 levels, supported by robust infrastructure spending and improved operational execution, resulting in higher profit margins. BSD Analysis: Tutor Perini is the construction contractor investors gave up on — and that capitulation has created massive mispricing. Government backlog is enormous, megaproject awards are rising, and the company is finally collecting cash on old claims that crushed sentiment for years. The balance sheet is improving, the margin outlook is stabilizing, and Tutor Perini is positioned to win in a multiyear public-infrastructure boom. Execution risk is real, but the upside if workflows normalize is huge given the depressed valuation. When the market finally believes the turnaround, this stock will re-rate violently.” | BULL | Q2 2025 Jun 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.
