Join for free and get access to the buyside
Get insights from the world's most influential hedge fund investors direct to your inbox
- © 2025 Buyside Digest
- Privacy Policy
- Disclaimer
- Sitemap
- Terms of Service
| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Keywords/Themes | Theme Commentary | Pitches | Letter |
|---|---|---|---|---|---|---|---|---|---|
| 2025 Q2 | Jul 1, 2025 | Langdon Canadian Smaller Companies Portfolio | 13.9% | 5.7% | ATS CN, DFY CN, EQB CN, GRGD CN | Automation, Canada, insurance, Logistics, SmallCaps | Canadian small caps rebounded sharply as businesses demonstrated pricing power, margin resilience, and management depth despite tariff disruptions. Several holdings showed structural advantagessuch as scale in insurance, automation, and logisticssupporting long-run growth and consolidation. Small caps remain attractive for disciplined investors seeking mispriced, founder-led companies with asymmetric upside. | View | |
| 2024 Q1 | Apr 17, 2024 | Langdon Canadian Smaller Companies Portfolio | 4.3% | 4.3% | ATS CN, TOI CN | FactoryAutomation, SerialAcquirers, SmallCaps, VerticalSoftware, WesternCanadaEnergy | SmallCapQuality: The manager emphasises underfollowed Canadian small caps with limited or no sell-side coverage, backing aligned owner-operators with significant insider stakes who can compound capital over long periods. SerialAcquirers: The portfolio includes industrial and software serial acquirers such as an undisclosed Canadian industrial roll-up and Topicus, which deploy capital into niche vertical-market software and operating companies using disciplined M&A playbooks and deep on-the-ground diligence across multiple cities. Energy: Select Western Canadian energy exposures like PrairieSky and private Storm Development are owned for their leverage to improving LNG export demand and strong management teams, providing diversification while keeping overall commodity and rate sensitivity modest. :contentReference[oaicite:1]{index=1} | View | |
| 2025 Q3 | Nov 16, 2025 | ClearBridge Mid Cap Growth Strategy | - | - | APP, ARGX, ATS CN, CHWY, QXO, TECH | catalysts, fundamentals, Health Care, Selection, staples | The letter highlights stock selection as the primary driver of outperformance, with strength in consumer staples and health care offsetting weakness in discretionary and materials. Management emphasizes nimbleness, redeploying capital into new ideas like QXO and Bio-Techne while exiting names with deteriorating outlooks. With policy uncertainty easing and corporate decision-making normalizing, the team sees a healthier backdrop for fundamentals to reassert themselves. | View | |
| 2024 Q3 | Oct 23, 2024 | Langdon Canadian Smaller Companies Portfolio | 5.4% | 10.1% | ATS CN, ATZ CN | Canada, CashFlow, compounders, management, SmallCaps | The portfolio focuses on long-duration, cash-generative Canadian businesses with strong management teams capable of compounding value through cycles. The letter highlights variant perception, maintenance research, and the search for non-obvious compounders that can inflect after investment cycles. Small-cap compounders remain compelling for disciplined investors willing to look beyond short-term volatility. | View | |
| 2023 Q1 | Apr 17, 2023 | Upslope Capital Management | 14.8% | 18.1% | ATR, ATS CN, BC51 GR, BJR GR, CACI, CHG LN, DPLM LN, EMG LN, FCN, FTT CN, GLT, KOG NO, SLGN, TECN SW, X CN | - | View | ||
| 2022 Q4 | Jan 25, 2023 | Upslope Capital Management | 14.8% | 18.1% | ATS CN, BOKF, CASY, EMG LN, GLT, TCVA | - | View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| Nov 29, 2025 | Fund Letters | Greg Dean | ATS Corporation | Industrials | Industrial Machinery | Bull | TSX | Automation, backlog, Cyclicality, diversification, EVs, Industrials | View Pitch |
| Manager Name | Fund Name | Fund AUM | Invested Value | Portfolio Weight | Shares Owned | Shares Bought / Sold During Quarter | % Bought / Sold During Quarter | % of Shares Outstanding Owned |
|---|---|---|---|---|---|---|---|---|
| No investor data available. | ||||||||