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| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Keywords/Themes | Theme Commentary | Pitches | Letter |
|---|---|---|---|---|---|---|---|---|---|
| 2025 Q2 | Aug 7, 2025 | Ace River Capital | -5.3% | - | HZO, RICK, VOXR CN | drawdowns, mispricing, opportunity, Patience, volatility | The letter discusses how episodic market volatility driven by macro uncertainty and policy shocks creates opportunities to deploy capital into mispriced securities. Management emphasizes remaining patient during drawdowns and selectively adding risk when fear dominates market behavior. The outlook suggests volatility is a feature of markets rather than a bug and can be harnessed by disciplined investors. | HZO VOXR RICK |
View |
| 2024 Q3 | Oct 23, 2024 | Ace River Capital | 2.0% | 0.0% | DSHK, HZO, RICK, VOXR | - | View | ||
| 2023 Q3 | Oct 13, 2023 | Ace River Capital | 2.0% | 0.0% | DSHK, HZO, RICK | - | View | ||
| 2025 Q4 | Jan 30, 2026 | Ace River Capital | -4.6% | -22.0% | DSHK, GLFE, HZO, RICK, VOXR | Concentration, gold, real estate, royalties, small caps, value | Gold prices continue to reach record highs, driven by inflation concerns, geopolitical instability, and inconsistent trade and fiscal policy. Vox Royalty's royalty-based business model provides leveraged exposure to these trends while avoiding the capital intensity and operational risks faced by traditional mining companies. Markets continue to reward a narrow group of large-cap technology companies, while small-caps remain broadly ignored. History suggests these periods of dislocation tend to create some of the best long-term opportunities. | DSHK GLFE HZO RICK VOXR |
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| 2025 Q4 | Jan 23, 2026 | American Century Small Cap Value Fund | -1.1% | -3.3% | AMKR, ARCB, ARW, AVT, AXS, BBWI, BC, BIRK, COLB, EEFT, ENOV, EVTC, GPK, HZO, MARA, OKLO, ONB, PATK, SSB, TKR, UMBF | banks, consumer discretionary, healthcare, industrials, semiconductors, small cap, value | The fund maintains significant overweight exposure to banks, remaining constructive on the industry due to continued positive inflection in net interest income and belief that fears of an extended negative credit cycle were overstated. Many holdings still trade meaningfully below historical multiples. Overweight positioning tilted toward higher-quality, unique businesses targeting high-end consumers including global consumer brands like Brunswick and Birkenstock. Specialty retail exposure includes marine dealers and Bath & Body Works. The sector remains attractive with overweight positioning in higher-quality industrials including machinery, distribution, and commercial services. Many holdings demonstrated strong pricing power during inflationary environment and returned cash to shareholders via dividends, buybacks and debt reduction. Information technology contributed through stock selection, with strong results from Amkor Technology benefiting from AI packaging solutions and domestic chip manufacturing trends. The company is one of two in the US capable of providing large-scale advanced packaging solutions. | View | |
| 2024 Q2 | Jul 15, 2024 | Ace River Capital | 2.0% | 0.0% | HZO, RICK, VOXR | - | View | ||
| 2023 Q1 | Mar 31, 2023 | Ace River Capital | 2.0% | 0.0% | HZO, RICK | - | View | ||
| 2024 Q4 | Jan 25, 2025 | Ace River Capital | 8.8% | -14.5% | HZO, RICK, VOXR | - | View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| Feb 4, 2026 | Fund Letters | Nicholas D’Agnillo | MarineMax Inc. | Consumer Discretionary | Leisure Products | Bull | New York Stock Exchange | Asset backed, Cyclicality, Leisure, Marinas, Real Estate | View Pitch |
| Dec 3, 2025 | Fund Letters | Nicholas D’Agnillo | MarineMax, Inc. | Consumer Discretionary | Specialty Stores | Bull | NYSE | Cyclicality, Margins, Marinas, services, transformation | 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. | ||||||||