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| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Keywords/Themes | Theme Commentary | Pitches | Letter |
|---|---|---|---|---|---|---|---|---|---|
| 2024 Q2 | Sep 12, 2024 | Azvalor Internacional | - | 1.4% | EDV, NGD, PSLV, TRE.MC | Concentration, Europe, global, Long Term, Quality, value | Azvalor emphasizes investing in companies trading at attractive prices for cyclical or one-time reasons. The portfolio trades at an average FCF yield of 12%, much more attractive than the 4%-6% at which Western markets are trading. Their portfolios have a price/earnings ratio of around 8 times compared to the S&P 500's 22 times. | View | |
| 2025 Q1 | Mar 31, 2025 | Meridian Contrarian Fund | -7.6% | -7.6% | AXS, BEPC, CCJ, CCK, EVRG, FCNCA, HNST, KRNT, NGD, PRGO, PSIX, RDUS, VICI | contrarian, reshoring, small caps, tariffs, turnaround, value | The fund remains focused on identifying businesses that may benefit from long-term structural shifts such as the re-shoring of U.S. manufacturing—a theme they have been investing in for several years and one that gained traction post-pandemic. They note that reshoring and supply chain realignment takes years, so it is not surprising that so far, the beneficiaries have not escaped indiscriminate market volatility. | NGD AXS RDUS CCJ KRNT HNST |
View |
| 2024 Q3 | Sep 30, 2024 | Heartland Value Fund | 9.8% | 13.5% | ALEX, NGD, OR.TO | financials, gold, materials, Rate Cuts, real estate, small caps, value | Small value stocks should benefit from further rate cuts but may take time. The economic concerns that drove the Federal Reserve to act may continue to pressure emerging businesses in the short term. Small caps have performed poorly over the past three years, setting a low bar for the group. | NGD ALEX |
View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| Apr 13, 2026 | Fund Letters | Meridian Contrarian Fund | New Gold, Inc. | Materials | Metals & Mining | Bull | NYSE | Canadian Mining Assets, capital allocation, gold mining, Management Change, Mid-tier Miner, operational discipline, Operational Turnaround, value unlock | View Pitch |
| Apr 13, 2026 | Fund Letters | Heartland Value Fund | New Gold Inc. | Materials | Gold | Bull | TSX | Canadian, Copper, Cost Reduction, Free Cash Flow, Gold, Mining, production growth, turnaround, Value | View Pitch |
| Oct 6, 2025 | Value Investors Club | rookie964 | New Gold Inc. | Materials | Gold | Bull | NYSE | C-Zone, New Afton, Rainy River, block caving, FCF ramp, Canada | 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. | ||||||||