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 Q4 | Dec 31, 2025 | Clark Street Value | - | - | BHR, BRSL, FI, FSP, FWRD, FWRD. GDEN, GLIBA, GRBK, IOR, JEF, LNW, MCHB, MLCI CN, MREO, NLOP, NSTS, SEG, SOHOO, TURN | Capitalreturns, catalysts, distressed, specialsituations, value | The year-end review reflects a contrarian, special-situations-driven value approach amid significant underperformance versus the S&P 500. The portfolio focuses on distressed equities, REIT liquidations, take-privates, and idiosyncratic balance sheet mispricings where catalysts such as sales processes, buyouts, or capital returns can unlock value. Value investing is framed as lumpy and uncomfortable, with long-term success dependent on patience, downside analysis, and selective conviction rather than benchmark alignment. | TURN SOHOO LNW JEF FI GDEN FWRD BHR |
View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| Jan 23, 2026 | Fund Letters | Peter Smith | Brightstar Lottery PLC | Information Technology | Data Processing & Outsourced Services | Bull | New York Stock Exchange | buybacks, cashflow, Contracts, Lottery, rerating | 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 |
|---|---|---|---|---|---|---|---|---|
| Paul Tudor Jones | Tudor Investment Corp | $53.4B | $623,318 | 0.00% | 40,266 | -76,642 | -65.56% | 0.0246% |
| Steven A. Cohen | Point72 Asset Management | $86.8B | $549,850 | 0.00% | 35,520 | +35,520 | +100.00% | 0.0217% |
| Robert Pohly | Samlyn Capital | $6.3B | $111.2M | 1.77% | 7,183,757 | +1,604,349 | +28.75% | 4.3894% |
| Dmitry Balyasny | Balyasny Asset Management | $76.6B | $3.5M | 0.00% | 224,691 | +203,074 | +939.42% | 0.1373% |
| Israel Englander | Millennium Management LLC | $233.2B | $13.2M | 0.01% | 851,812 | -2,070,173 | -70.85% | 0.5205% |
| Cliff Asness | AQR Capital Management | $190.6B | $302,724 | 0.00% | 19,556 | +3,684 | +23.21% | 0.0119% |
| Mario Gabelli | GAMCO Investors | $10.4B | $4.3M | 0.04% | 274,875 | +8,675 | +3.26% | 0.1680% |
| Clint Carlson | Carlson Capital | $281.3M | $599,076 | 0.21% | 38,700 | -6,300 | -14.00% | 0.0236% |