Institutional ticker directory tracking stock mentions, long/short ideas, and high-conviction pitches extracted from quarterly hedge fund letters.
| Ticker | Company | Sector | Industry | Pitches | Stance |
|---|---|---|---|---|---|
| Fund / Manager | Thesis Excerpt | Stance | Period / Date | Action |
|---|---|---|---|---|
Forager Australian Shares Fund Steve Johnson | “Travel management business Corporate Travel Management has gone from bad to worse. What was first presented as a timing issue around revenue recognition has uncovered something much more serious. The company now expects to reverse up to £118m of revenue relating to FY25 and prior years, with potentially another £10m in 1HFY26, after a forensic review identified customers had been charged in excess of contractual entitlements. The business is now negotiating remediation payments with customers while also managing lenders and auditors. Trading remains suspended and the outcome remains uncertain. The Fund has marked down the investment by 80% from its last listed price, costing the Fund 2% during the financial year.” | NEUTRAL | Q2 2026 Jul 15, 2026 | View Pitch |
Each excerpt above is the manager's commentary on this ticker specifically. The full letter has the rest of their portfolio thinking, risk discussion, and broader institutional context.
