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 |
|---|---|---|---|---|
Cedar Grove Capital Management Paul Cerro | “Auxly Cannabis Group ($XLY.TO) is a vertically integrated Canadian licensed producer of cannabis products, featuring the leading Canadian retail brand Back Forty. The manager established a new long position, highlighting the business's dramatic operational turnaround and strong brand equity relative to depressed peer valuations. Economically, Auxly derives competitive cost advantages from its highly automated, low-cost Leamington cultivation greenhouse, allowing it to sustain gross margins and generate positive free cash flow where peers struggle. The business trades at an undemanding valuation of roughly 11x trailing twelve-month free cash flow while posting 20% top-line growth and 40% adjusted EBITDA growth. Primary catalysts include continued market share gains in Canadian retail channels, debt retirement, and ongoing strategic backing from Imperial Brands. Downside risks involve intense retail price competition, regulatory changes, and broader cannabis sector liquidity constraints.” | BULL | Q3 2026 Oct 5, 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.
