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 |
|---|---|---|---|---|---|---|---|---|---|
| 2023 Q2 | Jul 6, 2023 | Citadel Value Fund | - | - | 005930.KS, 6208.T, 7248.T, AD.AS, AEO, BKNG, CON.DE, LIGHT.AS, NOV, SOL.MI, STLA, UHR.SW, VLGEA, VTSC.DE | Automotive, Europe, Fundamental Analysis, Industrial, small caps, value | Fund focuses on fundamental company analysis to estimate intrinsic value and achieve margin-of-safety by paying much less than intrinsic value. Portfolio trading at 44% discount to estimated intrinsic value with weighted free cash flow yield of 8%. | STLA LIGHT.AS APA|C|FFIV|KHC|NOV|UNH VTSC.DE SOL.MI |
View |
| 2025 Q2 | Jul 28, 2025 | Harry Qelm Baabsman | - | 9.7% | ADBE, BIRD, BWA, CRM, FLNC, GOOGL, HFG.DE, LIGHT.AS, LYFT, MGA, NVDA, NXT, PUM.DE, S92.DE, SEDG, SHOP.TO, THO, VWSB.CO, ZAL.DE, ZM | AI, clean energy, Cloud, E-Commerce, Solar, technology, value, Wind | Solar equipment companies like Nextracker grew 59% since December, while SMA Solar and SolarEdge combined grew 50%. The fund sees solar as a primary energy source with rapidly increasing presence, moving from below 0.5% to 5-7% of total energy consumption and above 10% of electricity generation worldwide. | ADBE PUM GR VWSB GR NXT ZAL GR ZM CRM |
View |
| 2024 Q4 | Feb 19, 2025 | Harry Qelm Baabsman | - | -8.5% | AAPL, ADBE, AMZN, BIRD, CRM, CSIQ, GOOGL, HFG.DE, LIGHT.AS, META, MSFT, NVDA, NXT, PUM.DE, SEDG, SHOP, TPIC, TSLA, ZAL.DE, ZM | clean energy, Europe, long-term, technology, undervalued, value | The fund maintains deep exposure (up to 30% of portfolio) to wind, solar, and battery companies despite extreme sector decline in 2024. Manager views this as cyclical weakness similar to post-Fukushima crisis 2011-2013, with mathematical evidence showing global power generation shifting toward renewables at 3-5x the rate of fossil fuel installations. | View | |
| 2023 Q4 | Dec 31, 2023 | Harry Qelm Baabsman | - | 6.8% | ADBE, CRM, CSIQ, ENPH, GOOGL, HFG.DE, LIGHT.AS, LYFT, SEDG, SHOP.TO, TPIC, VWSB.DE, ZAL.DE, ZM | clean energy, Esg, Europe, long-term, technology, value | The fund invested in solar energy leaders SolarEdge, Canadian Solar, and Enphase after the sector crashed in late 2023 due to declining demand. These companies maintain leadership positions and financial health despite industry cyclical challenges. | SEDG AZM IM CRM TPIC LIGHT.AS HFG.DE ZAL.DE |
View |
| 2023 Q4 | Dec 21, 2023 | Citadel Value Fund | - | - | 005930.KS, 6201.T, 7932.T, AD.AS, AEO, BKNG, CON.DE, DEW.L, LIGHT.AS, MPAC.L, NOV, SOL.MI, STLA, TGS.OL, UHR.SW, VLGEA, VTSCY, ZWACK.BD | Automotive, Europe, semiconductors, small caps, technology, value | Fund emphasizes fundamental value investing approach with focus on margin of safety and intrinsic value estimation. Portfolio trading at 36% discount to estimated intrinsic value with 7% free cash flow yield. Manager discusses risk as permanent capital loss rather than volatility. | 005930.KS |
View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| Apr 28, 2026 | Fund Letters | Harry Qelm Baabsman | Signify NV | Industrials | Electrical Equipment | Bull | Euronext Amsterdam | dividend income, energy efficiency, LED Lighting, market leader, Sustainable Technology, Value | View Pitch |
| Apr 27, 2026 | Fund Letters | Citadel Value Fund | Signify NV | Industrials | Electrical Components & Equipment | Bull | Euronext Amsterdam | dividend yield, Europe, Free Cash Flow, LED, Lighting Technology, Netherlands, Smart Lighting, Value | 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. | ||||||||