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| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Keywords/Themes | Theme Commentary | Pitches | Letter |
|---|---|---|---|---|---|---|---|---|---|
| 2025 Q2 | Jul 8, 2025 | Mountain Vista Wealth Management | - | - | FBTC, IEMG, IVE, IVW, IWM, IYZ, QQQ, SPY, VXUS, XLB, XLC, XLE, XLF, XLI, XLK, XLP, XLRE, XLU, XLV, XLY | diversification, Dollar, IPOs, Recovery, tariffs, volatility | Manager emphasizes that volatility is the price of admission for superior long-term returns, citing the April market decline and subsequent recovery. The VIX reached 60 during Liberation Day sell-off, the highest since March 2020. | View | |
| 2025 Q2 | Jul 27, 2025 | Jackson Peak Capital | - | - | BABA, ENR.DE, HEI.DE, IWM, LDO.MI, META, PLTR, RHM.DE, TTAN | AI, defense, Europe, Long/Short, SPACs, tariffs, volatility | Focus on companies leveraging AI to enhance core operations as large language models become enterprise-ready. Researching software companies that could benefit from AI instead of being cannibalized by it. META and BABA represent this thesis. | TTAN |
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| 2024 Q2 | Jun 30, 2024 | The Wolf of Harcourt Street | -0.6% | 11.2% | FBTC, IEMG, IVE, IVW, IWM, IYZ, QQQ, SPY, VXUS, XLB, XLC, XLE, XLF, XLI, XLK, XLP, XLRE, XLU, XLV, XLY | diversification, Dollar, international, IPOs, tariffs, volatility | The manager emphasizes that volatility is the price of admission for superior long-term returns, citing the extreme market swings in April when the S&P 500 and Nasdaq 100 dropped 11% before recovering. Historical analysis shows strong returns following rapid market declines and near bear markets. | View | |
| 2026 Q1 | Apr 9, 2026 | Mountain Vista Wealth Management | - | - | FBTC, GLD, IWM, QQQ, SPY, USO, VXUS, XLE | AI, energy, Geopolitical, gold, inflation, Iran, private credit, software | View | ||
| 2024 Q1 | Apr 5, 2024 | Brummer Multi-Strategy Fund | - | - | FBTC, IEMG, IVE, IVW, IWM, IYZ, QQQ, SPY, VXUS, XLB, XLC, XLE, XLF, XLI, XLK, XLP, XLRE, XLU, XLV, XLY | diversification, Dollar, international, IPOs, technology, Trade Policy, volatility | The manager emphasizes that volatility is the price of admission for superior long-term returns, citing the April market decline and subsequent recovery. During extreme volatility periods like Liberation Day, investors should avoid converting temporary losses into permanent ones by selling. | View | |
| 2024 Q1 | Apr 19, 2024 | Andvari Associates | 0.0% | 20.3% | AMT, BUD, CSGP, IWM, MA, MO, SPY, WEA | dividends, Quality, rates, real estate, Tobacco, value | CoStar Group is investing $1 billion into Homes.com to compete against Zillow in residential real estate. The National Association of Realtors settlement could provide a tailwind by changing commission structures that favor Homes.com's seller-focused business model over buyer-focused portals. | MO WEA CSGP KPG.AX |
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| 2025 Q1 | Apr 10, 2025 | Skybound Wealth Management | - | - | FBTC, IEMG, IVE, IVW, IWM, IYZ, QQQ, SPY, VXUS, XLB, XLC, XLE, XLF, XLI, XLK, XLP, XLRE, XLU, XLV, XLY | Capital markets, diversification, Dollar, Recovery, tariffs, Trade Policy, volatility | Market experienced extreme volatility in April with S&P 500 and Nasdaq 100 dropping 11% from March 31st to April 8th triggered by Trump's reciprocal tariffs announcement. VIX reached approximately 60 intraday during the Liberation Day sell-off, the highest reading since March 2020. Despite the volatility, markets recovered strongly with V-shaped recovery patterns. | View | |
| 2024 Q1 | Mar 16, 2024 | Militia Capital | 11.4% | 11.4% | ARKK, IWM | alpha, Correlation, Hedge Fund, Long/Short, Multi-Manager, risk management | The fund is implementing a multi-manager strategy with uncorrelated portfolio managers to reduce risk and drawdowns. The new PM strategy shows negative correlation of -0.15 overall, with stronger negative correlation during key market moments of -0.5 or greater. This approach aims to maintain strong returns while reducing volatility and scaling better than single-manager strategies. | View | |
| 2024 Q4 | Feb 8, 2024 | Jackson Peak Capital | - | 20.2% | COIN, HPE, IWM, MU, NVDA, PDD, QQQ, TSLA | AI, China, Election, Event Driven, Hedging, Long/Short, technology | AI capex cycle has underpinned much of the market rally since 2023, with Nvidia as the leader. The fund held positions in AI-related companies including Nvidia, Micron for memory and storage solutions, and Hewlett Packard Enterprise in the AI hardware value chain. | HPE MU NVDA PDD COIN TSLA |
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| 2024 Q3 | Nov 2, 2024 | Alta Fox Capital Management | 4.2% | 12.5% | APP, IWM, REVG, SPY | industrials, small caps, technology, value, volatility | Alta Fox focuses on high-quality and underfollowed small-cap businesses at attractive valuations. The manager notes increasing extreme price volatility in small caps as an opportunity to capitalize on their diligent research process. They see the convergence of attractively priced small-cap assets and a diminishing competitive landscape as fueling their excitement. | REVG APP |
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| 2025 Q3 | Oct 2, 2025 | Rodrigo Benedetti | - | - | ABX, CLS, CONL, IJH, IREN, IWM, JOBY, MSFT, NBIS, NEM, ORCL, PLTR, RXST, SNAP, STRL, TGEN, TSSI, VRT | AI, Fed policy, Gold Miners, Long/Short, Risk Appetite, Shorts, Speculation | Manager attempted to short AI-related names believing the theme needed a rest, targeting low quality companies benefiting from datacenter capex but offering commoditizable services at high multiples. However, the market continued financing datacenter capex aggressively, forcing position closures after significant losses. | View | |
| 2025 Q4 | Jan 9, 2026 | Mountain Vista Wealth Management | 0.0% | 0.0% | AGG, DBB, EMB, ETHA, FBTC, GLD, IVE, IVW, IWM, JNK, QQQ, SPY, TLT, USO, VXUS, XLK, XLP, XLRE, XLU, XLV | AI, Bitcoin, Economic Outlook, ETFs, Federal Reserve, gold, inflation, Market Commentary | A key question for 2026 is whether AI investments will translate into measurable productivity gains and margin expansion beyond the technology sector. The downside scenario involves a reassessment of AI and data center ROI which could trigger sharp corrections in high-flying growth stocks. Companies are investing in technology that allows them to make their existing workforce more productive, representing an AI-driven productivity boom. Inflation remains persistently above the Federal Reserve's 2% target for the fifth consecutive year, though showing signs of cooling on many fronts. Tariffs have pushed up goods prices, causing inflation to remain elevated. The psychological scars of 2021/22 inflation remain despite real wage growth trending up since Q3 2022. The FOMC delivered a 25 basis point rate cut to 3.50-3.75% range with significant division among policymakers. High interest rates and persistently high prices have pushed monthly payments up at a shocking rate relative to income growth. The Fed announced it would begin purchasing shorter-term Treasury securities to maintain ample reserves. Gold delivered exceptional gains consistently as investors sought assets tied to real scarcity and low correlation to financial assets. Persistent geopolitical risk, elevated fiscal deficits, and gradual erosion of confidence in fiat currencies supported sustained inflows. Central banks continued to be net buyers, with gold posting an extraordinary 63.7% annual return. Bitcoin exhibited far greater volatility and a different return profile than gold, experiencing powerful rallies earlier in the year but proving fragile as risk appetite faded. The sharp drawdown in Q4 highlighted Bitcoin's sensitivity to speculative positioning and leverage. Rather than behaving as a defensive hedge, Bitcoin traded more like a high-beta risk asset. | 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 23, 2026 | Grey Owl Capital | 2.4% | 0.0% | ACWI, GLD, GSG, IWM, MAGS, SPY, TLT | commodities, Cyclical, diversification, gold, growth, inflation, risk management, small caps | Small-capitalization equities are significantly outperforming, up 7.6% year-to-date through January 23, 2026, as market leadership expands beyond mega-cap technology. The manager has increased exposure to US small-cap equities, believing conditions now favor cyclical outperformance and broadening equity participation. Commodities are outperforming with 7.4% year-to-date gains through January 23, 2026, supported by accelerating economic growth. The portfolio has added to commodities exposure as part of positioning for meaningful economic growth and cyclical outperformance. Gold delivered exceptional performance with 63.7% gains for full year 2025 and continued strength with 11.5% gains in Q4 2025. The manager has expanded precious metals exposure as part of the all-season framework positioning. Economic growth is accelerating according to Hedgeye's real GDP projection model, gaining significant momentum in Q1 and continuing through much of Q2 2026. This growth acceleration historically supports risk assets, particularly cyclical equities and commodities. | View | |
| 2025 Q4 | Jan 15, 2026 | Anchor Capital Advisors | 0.0% | 0.0% | IWM, SPY | AI, defense, earnings, equities, global, infrastructure, monetary policy, Trade Policy | AI has emerged as a multi-year infrastructure investment requiring significant investment across data-center infrastructure and power generation. Of the nearly US$3 trillion in data center–related capital expenditure expected through 2030, less than 20% has been deployed, leaving an estimated US$1.5 trillion financing gap. AI-driven productivity gains continue to underpin earnings durability. U.S. trade policy was a central source of volatility during the year, contributing to disruptions in global trade flows and an early-year equity correction. Global trade dynamics reflected a shift toward regionalization, supply-chain realignment, and strategic autonomy across major economies. Ongoing sources of upward price pressure include tariffs. Europe grappled with rising security commitments, with Germany's approximately €500 billion in multi-year fiscal and defense initiatives representing a meaningful shift in Europe's policy stance. This coincides with a broader increase in defense and security spending as the Russia–Ukraine war enters its fourth year. Globally, expanding defense, climate, and social spending is contributing to larger fiscal deficits and rising sovereign debt issuance. Capital-intensive investment cycles are emerging, with AI requiring significant investment across data-center infrastructure and power generation, increasingly financed through infrastructure funds and private capital vehicles. Approximately 79% of the S&P 500's return was attributable to earnings growth rather than valuation expansion—a notable contrast with prior years. Earnings and fundamentals are increasingly driving equity performance and broader market participation. Strong margins, free cash flow generation, and AI-driven productivity gains continue to underpin earnings durability. | View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
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| 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 |
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| No investor data available. | ||||||||