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| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Keywords/Themes | Theme Commentary | Pitches | Letter |
|---|---|---|---|---|---|---|---|---|---|
| 2025 Q3 | Nov 5, 2025 | Kingdom Capital Advisors | - | - | EEM, EFA, IJR, IVE, IXUS, QQQ, QUAL, RSP, SPHB, SPY, USMV, VIG, VTI | Bull Market, earnings, Equal Weight, Fed policy, growth, large cap | Growth dominance theme continues with S&P 500 Market Cap outperforming Equal Weight by approximately 3.5x over the last year. The S&P 500 outperformed Equal Weight by approximately 12% per year in 2023 and 2024, representing the most dominant streak since 1998-1999. | View | |
| 2025 Q4 | Jan 9, 2026 | QuadCap Wealth Management | 0.0% | 0.0% | AGG, DIA, EEM, EFA, HYG, IWD, IWF, IWM, IWN, IWO, IWP, IWR, IWS, LQD, MUB, QQQ, SPY, XLB, XLC, XLE, XLF, XLI, XLK, XLP, XLRE, XLU, XLV, XLY | AI, Economic Data, Fed policy, Government Shutdown, Market Leadership | Artificial intelligence remained a key investment theme in Q4, but the narrative matured as investors became more selective. The market shifted focus from headline growth to AI economics, questioning capital requirements for data centers and whether companies could maintain spending pace without pressuring cash flow. Companies involved in large-scale AI projects faced increased scrutiny, especially where spending plans outpaced near-term cash flow. The Federal Reserve cut interest rates by -0.50% in Q4 but signaled a pause, emphasizing future cuts will depend on incoming data. Officials appeared divided between those warning policy remains too restrictive and others cautioning against cutting too soon and reigniting inflation. The shutdown data fog made Fed policy a source of near-term uncertainty and market volatility. | View | |
| 2025 Q4 | Jan 6, 2026 | Financial Synergies Wealth Advisors | 0.0% | 0.0% | AGG, DIA, EEM, EFA, HYG, IWD, IWF, IWM, IWN, IWO, IWP, IWR, IWS, LQD, MUB, QQQ, SPY, XLB, XLC, XLE, XLF, XLI, XLK, XLP, XLRE, XLU, XLV, XLY | AI, Economy, Fed policy, interest rates, Markets, outlook, technology, volatility | Artificial intelligence remained a key investment theme in Q4, but the narrative matured as investors became more selective. The market shifted focus from broad enthusiasm to companies demonstrating pricing power and a path to profitability rather than growth at any cost. Questions emerged about capital requirements for data centers and whether companies could maintain aggressive capex spending without pressuring cash flow. The Federal Reserve cut interest rates by 0.50% in Q4 but signaled a pause, hinting it could cut less than the market expects in 2026. Fed officials appeared divided with some warning policy remains too restrictive while others caution cutting too soon could reignite inflation. The government shutdown delayed key economic data, making Fed policy a source of near-term uncertainty and market volatility. | View | |
| 2025 Q4 | Jan 19, 2026 | Leaven Partners | 4.2% | 41.0% | EFA, HD, HEFA, SPY, VT | Currency, Hedging, Japan, risk management, volatility | The manager extensively discusses currency hedging strategy for Japanese yen exposure, explaining how foreign stock ownership creates inherent currency risk. They employ a systematic trend-following approach to currency hedging rather than fundamental valuation models, aiming to reduce short-term volatility while capturing positive carry from interest rate differentials. | View | |
| 2025 Q4 | Jan 14, 2026 | HORAN Capital Advisors | 0.0% | 0.0% | ACWX, EEM, EFA, GOOGL, META, NFLX, SPY | AI, consumer, Dollar, earnings, Fed policy, international, technology | AI remains the dominant investment theme for 2025, with the Magnificent 7 stocks accounting for 42% of S&P 500 returns. Technology-related stocks dominated the top 10 performers, though concentration in large tech companies may face challenges as the economy evolves and other market areas become attractive. Earnings growth becomes increasingly important as stocks trade at higher valuations. Analyst expectations are for S&P 500 earnings to grow 15.6% in 2026, following 13.3% growth in 2025 and 12.1% in 2024. Strong earnings growth could drive positive stock returns despite elevated P/E multiples. The U.S. Dollar declined about 10% in 2025, contributing approximately one-third of international returns for U.S. investors. Dollar weakness could persist in 2026 due to budget deficits requiring more debt issuance and a dovish Federal Reserve policy stance. | View | |
| 2023 Q2 | Jul 16, 2023 | Leaven Partners | -1.4% | 7.9% | EFA, EWJV, SPXTR, VT, XBI | Biotechnology, Currency, Hedge Strategy, Japan, value | Japanese holdings contributed 3.2% to quarterly returns. 100% of Japanese holdings trade below 70% of book value, positioning the fund to benefit from Tokyo Stock Exchange capital efficiency initiatives targeting companies trading below book value. Flow of funds from international investors improving with ¥7.2 trillion net-bought this year. | STSA MTCR |
View |
| 2025 Q1 | Apr 14, 2025 | HORAN Capital Advisors | - | - | EFA, MAGS | diversification, Recession, Sentiment, tariffs, Trade Policy, volatility | President Trump's tariff announcement on April 2nd surprised equity markets despite campaign promises. The tariffs focus on trade imbalances versus tariff imbalances, creating uncertainty around global economic impact and potential recession risk. The U.S. monthly trade deficit has increased to -$122.7 billion as of February 2025. | View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| No pitches found. | |||||||||
| 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 |
|---|---|---|---|---|---|---|---|---|
| Leon Cooperman | Omega Advisors | $3.0B | $5.5M | 0.18% | 57,453 | +0 | +0.00% | 0.0056% |
| Sarah Ketterer | Causeway Capital Management LLC | $7.3B | $8.0M | 0.11% | 83,004 | -4,876,663 | -98.33% | 0.0081% |
| Steven A. Cohen | Point72 Asset Management | $86.8B | $8.7M | 0.01% | 90,391 | -279,609 | -75.57% | 0.0089% |
| David Katz | Matrix Asset Advisors | $1.1B | $1.4M | 0.13% | 14,854 | +29 | +0.20% | 0.0015% |
| Cliff Asness | AQR Capital Management | $190.6B | $30.2M | 0.02% | 314,650 | +36,406 | +13.08% | 0.0309% |
| Dmitry Balyasny | Balyasny Asset Management | $76.6B | $2.1M | 0.00% | 22,300 | +19,700 | +757.69% | 0.0022% |
| Israel Englander | Millennium Management LLC | $233.2B | $374.0M | 0.16% | 3,895,000 | -1,990,300 | -52.03% | 0.3820% |
| Terrence Murphy | Clearbridge Investments | $124.9B | $7.6M | 0.01% | 78,641 | +78,641 | +100.00% | 0.0077% |
| Mario Gabelli | GAMCO Investors | $10.4B | $4.8M | 0.05% | 50,272 | -1,720 | -3.31% | 0.0049% |
| Arnold Van Den Berg | Van Den Berg Management I, Inc | $436.5M | $316 | 0.00% | 3 | +3 | +100.00% | 0.0000% |
| Richard L. Chilton Jr. | Chilton Investment | $4.8B | $704,476 | 0.01% | 7,336 | +348 | +4.98% | 0.0007% |
| Kevin M. Keeley | Keeley-Teton Advisors, LLC | $824.8M | $2.1M | 0.26% | 25,983 | +60 | +0.23% | 0.0022% |
| Rich Handler | Jefferies | $19.3B | $1.1M | 0.01% | 11,372 | -11,933 | -51.20% | 0.0011% |
| Richard Kayne & John Anderson | Kayne Anderson Rudnick Investment Management | $37.3B | $31.8M | 0.09% | 331,267 | +125,406 | +60.92% | 0.0324% |
| Mark A. Hillman | Hillman Value Fund | $158.9M | $2.7M | 1.73% | 28,562 | +2,738 | +10.60% | 0.0028% |