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| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Keywords/Themes | Theme Commentary | Pitches | Letter |
|---|---|---|---|---|---|---|---|---|---|
| 2025 Q2 | Jul 18, 2025 | CrossingBridge Advisors | - | - | BALY, GLPI | Bonds, Covenants, credit, Fed, gaming, Leverage, Nordic, Stagflation | Manager discusses distressed credit opportunities in companies like Bally's trading at elevated yields due to structural complexity and perceived misalignments. Focus on senior secured debt with strong covenants as protection against credit deterioration. | BALY STWKSS BALY |
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| 2025 Q4 | Feb 4, 2026 | CrossingBridge Advisors | 0.0% | 0.0% | BALY, GRUB | AI, credit, DIP, distressed, fixed income, high yield, Leveraged Loans, Nordic | Direct lending market experiencing sharp rise in defaults with sponsors transferring $21 billion of equity to lenders in first half of 2025. Bad PIK debt now represents over half of distressed direct loans with loan-to-value ratios climbing from 45% to 83%. AI infrastructure spending estimated to reach $7 trillion by 2030 with hyperscalers issuing $120 billion in bonds in 2025. Credit markets showing skepticism requiring increasing premiums for hyperscaler debt while industrial credit spreads decline. Fed cut rates three times in 2025 causing bull steepener with short-term rates falling dramatically while long-term rates remained elevated. Money market yields dropped from above 5% to 3.5% creating need for alternatives. Global capital demand over next decade from AI infrastructure, federal deficit expansion, European defense spending, and reconstruction needs creating potential crowding out effect. Credit markets remain healthy preventing crisis-level disruption. | View | |
| 2021 Q1 | - | Palm Harbour Capital | 18.8% | - | BALY, CEM.MI, ECOR3.SA, STERV.HE | discount, Europe, fundamentals, gaming, Recovery, Steel, value | STERV.HE CEM.MI |
View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| Apr 13, 2026 | Fund Letters | CrossingBridge Advisors | Bally's Corporation | Consumer Discretionary | Casinos & Gaming | Bull | NYSE | Casinos, debt repayment, Distressed Credit, Gaming, iGaming, Regional Gaming, Sale Leaseback, Senior secured | View Pitch |
| Jan 22, 2026 | Twitter / X | @skewangles | Bally’s Corporation | Consumer Discretionary | Casinos & Gaming | Bull | New York Stock Exchange | Bally, Baly, Gaming, Greek, Intralot, Lottery, Payments, UK | View Pitch |
| Dec 5, 2025 | Fund Letters | David K. Sherman | Bally's Corporation | Consumer Discretionary | Casinos & Gaming | Bull | NYSE | cashflow, Credit, deleveraging, Gaming, restructuring | View Pitch |
| Aug 13, 2025 | Seeking Alpha | Pedro Goulart | Bally's Corporation | Consumer Discretionary | Resorts & Casinos | Neutral | NYSE | — | 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. | ||||||||