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 8, 2025 | Right Tail Capital | - | - | BYD CN, CHTR, IAC, NSC, NSIT, SCHW, SSNC | Compounding, longterm, Patience, Quality, returnsOnCapital | The strategy centers on owning high-quality businesses with strong returns on incremental capital over multi-year horizons. Volatility is embraced as part of long-term compounding rather than a signal to trade. Patience and business fundamentals are prioritized over short-term market narratives. | View | |
| 2024 Q2 | Jul 31, 2024 | Langdon Canadian Smaller Companies Portfolio | 0.1% | 4.4% | BYD CN, TVK CN | AutoRepair, CapitalAllocation, FreeCashFlow, IndustrialConsolidation, SmallCaps | FreeCashFlow: The Canadian portfolio is explicitly organised around businesses that generate and grow free cash flow through cycles, contrasting its largely cash-generative holdings with many Canadian small caps whose recent share price strength masks negative free cash flow, and arguing that FCF growth is the main driver of intrinsic value. SerialAcquirers: TerraVest is showcased as an industrial consolidator in tanks and fuel-handling equipment that is integrating its largest deals yet, such as Highland Tank and AEP, with improving margins and free cash flow and significant runway to roll up fragmented niches under an aligned management team with substantial insider ownership. DownsideProtection: Examples like Boyd Group and net-cash 'tugboat' holdings such as Guardian, Westaim and Enghouse illustrate the focus on strong balance sheets, disciplined capital allocation and multiple growth avenues, which the manager sees as essential to avoiding being shaken out in drawdowns and allowing earnings compounding to show up in share prices over time. :contentReference[oaicite:4]{index=4} | View | |
| 2024 Q1 | Apr 26, 2024 | Right Tail Capital | 0.0% | 10.3% | BYD CN | - | View | ||
| 2024 Q3 | Oct 7, 2024 | DKAM Donville Kent Asset Management | 0.0% | 68.1% | BYD CN, E CN, GSY CN, MTY CN, PRL CN, VHI CN, ZDC CN | - | View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| Nov 29, 2025 | Fund Letters | Greg Dean | Boyd Group Services Inc. | Consumer Discretionary | Auto & Truck Dealerships | Bull | TSX | Alignment, Collision, compounding, consolidation, Free cashflow, services | 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. | ||||||||