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 |
|---|---|---|---|---|
MJG Capital Fund Matt Geiger | “Altius Minerals was the Featured Investment in the January 2024 MJG partnership letter. The Altius position was first initiated at C$7.90 per share in April 2020. Subsequent open market purchases have increased the MJG partnership's cost basis to C$12.74 per share. The Altius share price has ascended by 43% YTD, with a new all-time high seemingly being set every few weeks. The company has methodically constructed a one-of-a-kind royalty platform that differs from peers in terms of its commodity mix – spanning between lithium, renewables, potash, iron ore, copper, and gold – and is distinguished by ultra-long mine lives. It is fair to say that the market is finally waking up to what CEO Brian Dalton and his team have patiently assembled. The first of these transactions, discussed at length in the January 2025 MJG partnership letter, was the purchase of Lithium Royalty Corp (LRC) for C$520 million in December 2025. This deal, which officially closed in early March, was the single largest transaction in Altius company history. In the seven months since the deal was announced, the spot prices of both lithium carbonate and spodumene concentrate have surged by nearly 50% due to a combination of supply curtailments and growing demand for grid-scale ESS applications. Altius now expects C$19-26 million in lithium royalty revenue in 2026 and C$34-52 million in 2027, up from C$12-16 million in 2026 and C$26-36 million in 2027 when the deal was first announced. Altius deployed the remainder of its Arthur royalty proceeds on July 10th by agreeing to acquire a 50% interest in Great Bay Renewables (GBR) for US$168 million, increasing its effective stake in GBR from 28.5%. Altius announced on July 14th a C$181.5 million bought deal financing priced at C$60.50 per share led by NBF, Scotia, and TD Securities. This marks the company's largest financing since inception, and the first time Altius has raised money since completing a C$50 million financing in November 2007. The news was met with a sharp negative reaction, with the Altius share price plunging by 15% the following day. Altius was included in the S&P/TSX Composite Index effective June 22nd, an index made up of Canada's largest and most actively traded companies. This is a remarkable achievement for what was a junior capital pool company with a sub-C$1 million market cap upon its founding in 1997 – and speaks to the tremendous value created by the Altius team over the last twenty-nine years. The MJG partnership is a proud shareholder and continues to hold Altius as a core, long-term position.” | NEUTRAL | Q2 2026 Aug 7, 2026 | View Pitch |
Cooper Investors Global Equities Fund (Unhedged) Cooper Investors Pty Limited | “Real Assets were the strongest performing capital pool for the year. This was primarily driven by our investments in royalty companies PrairieSky Royalty (PSK) (a pe...” | BULL | Q2 2026 Jul 31, 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.
