| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Keywords/Themes | Theme Commentary | Pitches | Letter |
|---|---|---|---|---|---|---|---|---|---|
| 2023 Q2 | Dec 7, 2023 | Atai Capital Management | 6.5% | 4.4% | ALOT, ATVI, BELFB, CDR.WA | Electronics, gaming, industrials, small caps, value | Manager emphasizes buying companies at substantial discounts to intrinsic value, focusing on businesses trading cheaply for identifiable reasons that can be corrected. Portfolio concentrated in undervalued small-cap names with clear catalysts for value realization. | ATVI BELFB ALOT |
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| 2025 Q3 | Oct 30, 2025 | Minotaur Global Opportunities Fund | - | - | CDR.WA, TTWO | AI, gaming, global, Poland, technology, value | CD Projekt exemplifies quality gaming businesses undergoing structural transformations. The company is transitioning from single-track to dual-track AAA development, breaking the constraint that limited capital deployment at high returns. With exceptional historical margins of 39% and proven unit economics, they're scaling from cyclical hitmaker to steady-state compounder through 2035. | CDR CDR |
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| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| Jan 8, 2026 | Substack | Winter Gems | CD Projekt | Video Games | Game Development | Bull | Warsaw Stock Exchange | catalog sales, CD Projekt, Cyberpunk 2077, Franchises, game development, operating income, valuation appreciation, Video games, Witcher 3 | 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. | ||||||||