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 |
|---|---|---|---|---|
Bell Global Equities Fund Ned Bell | “In addition to the purchase of Screen Holdings (covered in best performers above), we also established a position in Legrand, a French listed global specialist in electrical and digital building infrastructure. The company designs and manufactures products that distribute, control and manage power and data in buildings, such as switches, sockets, circuit breakers, cable management, lighting controls, UPS systems and connected/smart-home solutions. Their market presence for such operations spans across residential, commercial and industrial markets through electrical distributors within 90 countries. Its fastest-growing segment is data centres, which is expected to make up ~30% of revenues in FY26, making it a key AI-infrastructure SMID-cap play alongside the large-caps of Schneider, ABB and Eaton. At the time of establishing a position the stock was trading at a discount to our target valuation with a P/E of ~22x. Should the expected multiple expansion and low-teens earnings growth eventuate, we expect to see attractive upside in the name moving forward.” | NEUTRAL | Q2 2026 Jul 17, 2026 | View Pitch |
Bell Global Emerging Companies Fund Ned Bell, Joel Connell, Matt Saddington | “In addition to the purchase of Screen Holdings (covered in best performers above), we also established a position in Legrand, a French listed global specialist in electrical and digital building infrastructure. The company designs and manufactures products that distribute, control and manage power and data in buildings, such as switches, sockets, circuit breakers, cable management, lighting controls, UPS systems and connected/smart-home solutions. Their market presence for such operations spans across residential, commercial and industrial markets through electrical distributors within 90 countries. Its fastest-growing segment is data centres, which is expected to make up -30% of revenues in FY26, making it a key AI-infrastructure SMID-cap play alongside the large-caps of Schneider, ABB and Eaton. At the time of establishing a position the stock was trading at a discount to our target valuation with a P/E of -22x. Should the expected multiple expansion and low-teens earnings growth eventuate, we expect to see attractive upside in the name moving forward.” | NEUTRAL | Q2 2026 Jul 17, 2026 | View Pitch |
Fundsmith Equity Fund Terry Smith | “Legrand is a French manufacturer of the physical infrastructure behind electrical and digital building systems. Its competitive advantage relies on an entrenched distribution network and deep brand lo” | NEUTRAL | Q2 2026 Jul 8, 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.
