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 |
|---|---|---|---|---|
L1 Capital Long Short Fund Mark Landau and Raphael Lamm | “Mineral Resources (Long +91%) shares rallied strongly during the quarter as lithium prices continued to rebound (+36%) following the closure of a major Chinese producer and expectations of supply cuts. The company announced completion of its Onslow Iron Project Road upgrades, removing the final bottleneck to full production. At full run-rate, Onslow is expected to generate ~$1.3b in EBITDA at US$100/t iron ore, materially contributing to deleveraging. Additionally, the company refinanced US$700m in debt, improving liquidity. Governance reforms continue under new Chairman Malcolm Bundey. Each core segment—lithium, iron ore, and mining services—shows improving fundamentals. BSD Analysis: The fund maintains a bullish stance on Mineral Resources, citing operational execution and diversified commodity exposure. Strong governance reforms, new infrastructure completion, and favorable lithium fundamentals underpin rerating potential. At ~6x forward EBITDA and robust FCF visibility, MinRes remains a top Australian resource play.” | BULL | Q3 2025 Sep 30, 2025 | 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.
