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 |
|---|---|---|---|---|
DKAM Donville Kent Asset Management Jason & Jesse | “Before coming public, Blue Ant grew earnings at a 15% CAGR over the past 5 years. The streaming sector is accelerating and expected to grow at a 24% CAGR 2024-2030. Blue Ant has produced $37M in EBITDA the last few years and their recent acquisition, Thunderbird, has been around $17M per year and they are pace for more than $7M in synergies. They have net cash on the balance sheet and the entire enterprise value of BAMI at the moment is $140M, so you're paying close to 2x EV/EBITDA for a company that is run by a management team that has previously RTO'd a company of similar size, grew its earnings at a 28% CAGR for 14 years, and then were acquired for billions. We believe the stock should trade for 7x EV/EBITDA, which would equate to ~$20/share versus the current $5.47 share price today. The main question right now is how Blue Ant is different from other media companies and how they are succeeding in this environment. The main answer is that most media companies are regional, dependent on a specific market, and dependant on a specific technology like cable or streaming. Blue Ant has a multi-tiered and multi-focused revenue stream with a wide geographic reach. They own their own IP and have a diverse library, which allows them to take a certain asset and distribute it to dozens of countries through cable, fast TV, paid streaming, free streaming, etc. Blue Ant has a 20% IRR hurdle for M&A and they are able to attain this because they can buy a library of content from one market and immediately sell it across the globe. The strategy also makes sense for the acquisition of Magellan where they had a revenue share model for the programming, but now Blue Ant can use their own IP to fill the slots and receive full margin. From a stock perspective, the company still hasn't reported a full 'clean' quarter after their RTO, merger with BoatRocker assets, plus acquiring Thunderbird and Magellan. Their Q3 & Q4 are their seasonally strongest quarters plus they will start to bypass all the go-public and transaction costs. For now, we think potential investors are putting the company in the 'too hard' pile and want to wait to see the company's true earnings ability. This is where we see the opportunity because looking through the noise one can see the real underlying business - the real earnings potential of the business. They report fiscal Q3 earnings on July 15th.” | NEUTRAL | Q2 2026 Jul 10, 2026 | View Pitch |
DKAM Donville Kent Asset Management Jason & Jesse | “Blue Ant grew revenue 18% per year from 2020 to 2025 with 18% return on capital. The global streaming market is projected to grow over 20% per year for the next several years. Blue Ant received an add” | BULL | Q1 2026 Apr 2, 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.
