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 | Jun 30, 2025 | The Gabelli Equity Income Fund | 5.3% | - | AXP, CR | asset value, catalysts, dividends, equity income, valuation | The commentary highlights equity income opportunities created by valuation dispersion and corporate actions. Management focuses on businesses with sustainable dividends, asset value support, and catalysts such as spin-offs or balance sheet repair. Income and capital appreciation are pursued simultaneously. | CR AXP |
View |
| 2025 Q4 | Feb 18, 2026 | The Gabelli Equity Income Fund | 2.2% | 16.5% | BK, CR, CVX, DE, FCX, FLR, GATX, GPC, MSFT, NEM, NFG, STT | AI, dividends, energy, financials, gold, Utilities | Gold had its best year since 1979, rising 66% as a result of geopolitical uncertainty and central bank buying. Gold miners such as Newmont Corp. are levered to the price of gold, making it the biggest contributor to returns for both the fourth quarter and the full year. The Fund focuses on dividend-producing equity securities, though this may limit potential for appreciation during broad market advances. The prices of dividend-producing equity securities can be highly volatile. The American economy continues to embrace AI technology, and the prospect of large increases in productivity is spurring optimism. AI-related infrastructure and power demand are driving growth in various sectors. Natural gas demand in the Northeast is accelerating, driven in part by rising electricity consumption from data centers and AI-related load growth. Companies like National Fuel Gas benefit from strategic positioning near population centers. | NFG MSFT CVX |
View |
| 2024 Q4 | Dec 31, 2024 | The Gabelli Equity Income Fund | -2.7% | 6.9% | CR, DE, GPC, MSFT, STT | - | View | ||
| 2025 Q3 | Oct 10, 2025 | Sandhill Investment Management | - | - | AJG, CR, TTAN, TYL | Artificial Intelligence, Corporate Bonds, Market Concentration, quality growth, Valuation discipline | The October 2025 newsletter highlights record equity indices driven largely by AI-related capital expenditure, with roughly 75% of market returns and 80% of earnings growth tied to AI stocks since ChatGPT's release, creating elevated concentration risk and S&P 500 valuations near 23x forward earnings. Sandhill stresses diversification and valuation discipline, selectively adding industrial and software names such as Crane, Arthur J. Gallagher, Tyler Technologies and ServiceTitan while remaining patient in corporate bonds amid tight spreads and a flat yield curve. The firm remains cautious given sticky inflation near 3%, softening labor data and potential overcapacity in AI infrastructure, but continues to focus on high-quality businesses with durable competitive advantages. | AJG CR |
View |
| 2025 Q4 | Jan 30, 2026 | Invesco Small Cap Value Fund | 6.8% | 17.6% | ACM, ARCB, COHR, CR, CRL, ENTG, EXPE, GL, GMED, HBM.TO, KBR, LITE, MKSI, NRG, PENN, SAIA, WAL, WBS | AI, Biotech, financials, healthcare, Intrinsic Value, small cap, technology, value | The fund employs an intrinsic value approach to stock selection, seeking companies significantly undervalued on an absolute basis. At quarter end, the difference between market prices and intrinsic value estimates was attractive, indicating potential long-term capital appreciation. Small-cap value stocks appear attractive relative to S&P 500 Index stocks. Following outperformance of large-cap stocks over small-cap stocks in recent years, the managers see greater long-term upside to intrinsic value in many small-caps compared to large-caps. The Russell 2000 Value Index P/E multiple has been at a historical discount compared to the S&P 500 Index P/E. The fund benefited from AI-driven growth potential in holdings like Lumentum, which rallied due to investor enthusiasm for its AI applications. ArcBest's operational efficiency and technological advancements using artificial intelligence should position the company well for demand recovery in trucking. | LITE GTLB ARCB GMED CRL |
View |
| 2023 Q1 | Apr 30, 2023 | SouthernSun SMID Cap | 8.8% | 13.9% | BCO, CLH, CR, DAR, LPX, WRK, WSO | - | View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| Mar 29, 2026 | Substack | Kairos Research | Crane Company | Industrial Manufacturing | Aerospace and Process Control Components | Neutral | New York Stock Exchange | acquisition strategy, aerospace components, Aftermarket revenue, Crane Business System, Crane Company, high valuation, margin expansion, market share, Operational Leverage, process control | View Pitch |
| Feb 26, 2026 | Fund Letters | Rick Ryskalczyk | Crane Company | Industrials | Aerospace & Defense | Bull | New York Stock Exchange | Aerospace, aircraft production, backlog, Industrials, Oem, secular growth | View Pitch |
| Jan 8, 2026 | Fund Letters | Mario J. Gabelli | Crane Co. | Industrials | Industrial Machinery | Bull | New York Stock Exchange | Aerospace, aftermarket, efficiency, Industrial, Margins, platform, scale, separation | View Pitch |
| Oct 15, 2025 | Value Investors Club | gb48 | Crane Company | Industrials | Aerospace & Defense / Industrial Machinery | Bull | NYSE | Aerospace recovery, Defense spending, Industrial automation, M&A synergy, portfolio transformation, Value-based pricing | View Pitch |
| Sep 1, 2025 | Substack | Kairos Research | Crane Company | Industrials | Specialty Industrial Machinery | Neutral | Acquisitions, aerospace components, Crane Business System, Crane Company, industrial manufacturing, margin expansion, market share, operating leverage, process control, valuation | 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 |
|---|---|---|---|---|---|---|---|---|
| Tom Russo | Gardner Russo & Quinn | $9.3B | $10.0M | 0.11% | 54,401 | -2,075 | -3.67% | 0.0868% |
| Steven A. Cohen | Point72 Asset Management | $86.8B | $13.0M | 0.02% | 70,460 | +3,629 | +5.43% | 0.1125% |
| Ray Dalio | Bridgewater Associates | $27.4B | $3.8M | 0.01% | 20,711 | +20,711 | +100.00% | 0.0331% |
| Dmitry Balyasny | Balyasny Asset Management | $76.6B | $34.2M | 0.04% | 185,182 | +91,869 | +98.45% | 0.2956% |
| Israel Englander | Millennium Management LLC | $233.2B | $75.3M | 0.03% | 408,300 | +6,704 | +1.67% | 0.6518% |
| David Siegel & John Overdeck | Two Sigma Investments | $67.5B | $17.8M | 0.03% | 96,778 | -19,225 | -16.57% | 0.1545% |
| Cliff Asness | AQR Capital Management | $190.6B | $147.5M | 0.08% | 799,864 | +368,816 | +85.56% | 1.2769% |
| Mario Gabelli | GAMCO Investors | $10.4B | $196.4M | 1.89% | 1,065,022 | -34,506 | -3.14% | 1.7002% |
| Kevin M. Keeley | Keeley-Teton Advisors, LLC | $824.8M | $2.8M | 0.34% | 18,549 | -2,615 | -12.36% | 0.0246% |