| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Keywords/Themes | Theme Commentary | Pitches | Letter |
|---|---|---|---|---|---|---|---|---|---|
| 2025 Q2 | Jul 27, 2025 | Forager Australian Shares Fund | 11.5% | 10.5% | 2121 JP, AMA AU, BVS AU, CAT AU, CBA AU, CHL AU, EML AU, EXP AU, JLG AU, MTO AU, NZX NZ, OML AU, PPS AU, PRN AU, RDY AU, THL NZ | asset backing, cash flow, mispricing, normalization, value | The letter emphasizes valuation-driven investing in Australian equities, highlighting significant mispricings created by cyclical pessimism and capital market dislocations. Management focuses on asset-backed businesses and cash-generative companies trading below intrinsic value. The outlook is constructive as normalization and corporate actions unlock value. | EXP AU MTO AU AMA AU NZX NZ EML AU OML AU |
View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| Dec 6, 2025 | Fund Letters | Steve Johnson | Motorcycle Holdings Ltd. | Consumer Discretionary | Auto & Truck Dealerships | Bull | NYSE | acquisition, consolidation, Dealerships, growth, profitability | 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. | ||||||||