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| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Keywords/Themes | Theme Commentary | Pitches | Letter |
|---|---|---|---|---|---|---|---|---|---|
| 2024 Q2 | Jun 30, 2024 | Castlebay Investments | - | - | LSEG LN, NICL LN | capital, confidence, Leverage, returns, solvency | Banks face structurally high leverage, low returns on equity, and confidence-sensitive funding models that make them unattractive long-term investments. Regulatory changes have reduced leverage but also constrained economic growth and profitability. Rising non-performing loans, liquidity risks, and misaligned incentives further weaken the investment outlook for the sector. | View | |
| 2025 Q1 | May 22, 2025 | Brown Advisors Global Leaders Strategy | - | -0.4% | ABNB, AMZN, BKNG, GE, GOOG, LSEG LN, SHW, ZM | - | View | ||
| 2024 Q1 | May 15, 2024 | Third Point Partners | 3.9% | 14.0% | AAP, GOOG, LSEG LN, TSMC, VST | - | View | ||
| 2025 Q3 | Nov 8, 2025 | Brown Advisors Global Leaders Strategy | 0.5% | 13.0% | ALLE, ASML, BBCA IJ, GE, GOOG, INTU, LSEG LN, MRVL, TSM, WDAY, WKL NA | GLP-1 | The strategy underperformed due to not owning leading AI beneficiaries such as NVIDIA, Broadcom, and Oracle during an AI-driven rally. The letter provides extensive evaluation of AIs impact on SaaS, data providers, and financial-market infrastructure, arguing that incumbents with proprietary data and system-of-record advantages will ultimately win. AI is reshaping valuation frameworks, competitive threats, and capital allocation decisions across the portfolio. | WDAY BBCA IJ TSLA |
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| 2025 Q3 | Oct 29, 2025 | Eagle Capital Management, LLC | - | - | LSEG LN | AI Applications, AI Infrastructure, Clearinghouses, Index Providers, Market Data | Generative AI is driving dispersion across markets; Eagle trims high-expectation AI supply chain while seeking cheaper AI diffusion beneficiaries in healthcare and services. They also target AI confusion mispricings like London Stock Exchange Groupdiversified data, clearing, and index assets with margin expansion and rising buybacks (see chart on page 4). The team expects resilient growth and favorable risk/reward as LSEG benefits from AI demand for high-quality data. | LSEG LN LSEG LN |
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| 2025 Q3 | Oct 24, 2025 | Artisan Global Discovery | 3.0% | 10.0% | ASC SJ, BFAM, CWAN, LSEG LN, MOD, PSN, PSTG, TDY, TEAM, WAY, WING | AI, defense, growth, healthcare, semiconductors | Equities advanced globally on AI-driven investment, easing tariffs, and broad rate cuts. The fund focuses on innovative growth companies in health care, technology, and defense with accelerating profit cycles. Managers highlight opportunities in biotech, semiconductors, and industrial automation amid evolving AI adoption and policy shifts. | WAY WING PRCT LSEG LN ASND PSTG MOD WAY TDY WING PRCT LSEG LN ASND PSTG MOD |
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| 2023 Q2 | Aug 8, 2023 | VGI Partners | 0.0% | 0.0% | AMZN, CME, DB1 GR, GEHC, LSEG LN, ZX6 GR | - | View | ||
| 2023 Q1 | Apr 18, 2023 | Cooper Investors Global Equities Fund (Unhedged) | 5.5% | 5.4% | 7741 JP, BKNG, LSEG LN, RTO, SNPS | - | View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| Feb 21, 2026 | Fund Letters | Ravenel B. Curry III | London Stock Exchange Group plc | Financials | Financial Exchanges & Data | Bull | New York Stock Exchange | AI, Clearing, Data, Exchanges, Subscriptions | View Pitch |
| Jan 21, 2026 | Fund Letters | Sebastian Lyon | London Stock Exchange Group plc | Financials | Financial Exchanges & Data | Bull | New York Stock Exchange | AI, Data, Derating, Exchanges, Moats | View Pitch |
| Jan 20, 2026 | Fund Letters | David Steinthal | London Stock Exchange Group plc | Financials | Financial Exchanges & Data | Bull | New York Stock Exchange | analytics, Data, Exchanges, infrastructure, Recurring | View Pitch |
| Nov 29, 2025 | Fund Letters | Jason L. White | London Stock Exchange Group plc | Financials | Financial Exchanges & Data | Bull | NYSE | Ai partnership, financial data, Moat, monetization, Pricing pressure, risk management | View Pitch |
| Nov 29, 2025 | Fund Letters | Ravenel B. Curry III | London Stock Exchange Group plc | Financials | Financial Data & Exchanges | Bull | NYSE | AI, buybacks, Clearing, Exchanges, financial data, growth, indices, Margins, recurring revenue, valuation | View Pitch |
| Nov 29, 2025 | Fund Letters | David Ridland | London Stock Exchange Group | Financials | Financial Exchanges & Data | Bull | London Stock Exchange | AI, analytics, Data, network, Recurring | View Pitch |
| Nov 28, 2025 | Fund Letters | Jason L. White | London Stock Exchange Group plc | Financials | Financial Exchanges & Data | Bull | NYSE | Ai partnership, financial data, Moat, monetization, Pricing pressure, risk management | View Pitch |
| Nov 28, 2025 | Fund Letters | Ravenel B. Curry III | London Stock Exchange Group plc | Financials | Financial Data & Exchanges | Bull | NYSE | AI, buybacks, Clearing, Exchanges, financial data, growth, indices, Margins, recurring revenue, valuation | 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. | ||||||||