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| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Keywords/Themes | Theme Commentary | Pitches | Letter |
|---|---|---|---|---|---|---|---|---|---|
| 2025 Q1 | May 31, 2025 | Turtle Creek Fund Test | -10.3% | -10.3% | BFH, MIDD, TFII CN | - | View | ||
| 2025 Q3 | Oct 31, 2025 | Turtle Creek Fund Test | 0.4% | - | AHT, BFH, KNSL, SCI, WSC | Active Share, earnings growth, Mid Cap Equities, North America, Portfolio Upgrade | Quality: The portfolio has been upgraded toward market leaders, best-run operators, and durable niche businesses, raising average business quality. Valuation: Despite higher growth prospects, holdings trade near ~10x earnings with returns driven by earnings, not multiple expansion. Midcaps: Management highlights better prospective returns outside the S&P 500s elevated multiples, favoring mid-cap exposures. | CTAS KNSL WSC CTAS KNSL WSC |
View |
| 2023 Q3 | Oct 17, 2023 | Miller Value Partners Deep Value Strategies | 4.6% | 20.1% | AXL, BFH, CHS, FOSL, GTN | - | View | ||
| 2025 Q3 | Oct 15, 2025 | Miller Value Partners Deep Value Strategies | 26.4% | 9.2% | BFH, NBR | deep value, small caps, Technology Bubble, Turnarounds, Value Investing | Miller argues small- and micro-cap value stocks are at the start of a multi-year recovery after years of underperformance. Overvalued technology and Magnificent 7 stocks dominate indexes, while smaller companies benefit from deregulation, rate cuts, and tax reform. The letter highlights Nabors Industries and Bread Financial as examples of deep-value turnarounds. | BFH NBR |
View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| Nov 29, 2025 | Fund Letters | Daniel Lysik | Bread Financial Holdings, Inc. | Financials | Consumer Finance | Bull | NYSE | credit cards, Deposits, earnings yield, Normalization, Reserves, Rotce, underwriting | View Pitch |
| Oct 16, 2025 | Seeking Alpha | Seeking Alpha | Bread Financial Holdings, Inc. | Credit Services | Bull | balance sheet, Bread Financial, buy now pay later, credit cards, credit reserves, earnings growth, financial services, financial transformation, normalized earnings yield, underwriting | View Pitch | ||
| Aug 7, 2025 | Seeking Alpha | Turtle Creek | Bread Financial | Financials | Credit Services | Bull | 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. | ||||||||