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| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Keywords/Themes | Theme Commentary | Pitches | Letter |
|---|---|---|---|---|---|---|---|---|---|
| 2024 Q2 | Jun 30, 2024 | Farrer 36 Asset Management | - | - | EDR.MC, EVO.ST, GOOGL, HWDN.L, NASDAQ:IAC, PAGS, SE | Buybacks, concentrated, global, long-term, Transformation, underperformance, value | Sea Limited dominates Southeast Asian e-commerce and has grown revenues 140% since initial investment. The company has achieved profitability in Southeast Asia while building its financial services arm. Despite competition from TikTok Shop, Sea has cemented its market position. | View | |
| 2024 Q3 | Oct 2, 2024 | LRT Capital Management | 0.0% | 15.8% | ABG, ALGN, AMT, APO, BALL, CAAP, CGNX, CHE, CIGI, COP, DINO, EXPO, FIX, MCK, NOC, PAGS, RLI, SAIA, SSD, TSM | Alpha Generation, Long/Short, quantitative, risk management, Systematic | View | ||
| 2025 Q4 | Jan 9, 2026 | Middle Coast Investing | 2.7% | 16.9% | AAPL, ABM, AER, AMZN, APOG, ATKR, ATRO, AVGO, BHF, CCK, COF, CPAY, ECG, FG, GOGO, GOOG, HI, HNI, HURC, LULU, LYFT, MLKN, OMAB, PAGS, PGR, PTLO, SCHW, TRIP, WS | Bottom-up, Cash, Defensive, Office Furniture, risk management, value | Manager emphasizes bottom-up investing approach, looking for companies that will do better in years ahead when stocks are priced attractively. Seeks good companies at fair prices to protect against market struggles while avoiding missing big years. Primary goal is to avoid blowing up and survive through bad times. Uses rules like not buying whole positions at once, demanding 50% upside, watching leverage, and knowing when to double down. Maintains defensive portfolio positioning. Decade-long investment theme in office furniture companies including Kimball International, Steelcase, and HNI Corporation. Believes return to office theme hasn't played out but might be soon, with order growth showing improvement across major players. | View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| Jan 27, 2026 | Fund Letters | Daniel Shvartsman | PagSeguro Digital Ltd. | Financials | Transaction & Payment Processing Services | Bull | New York Stock Exchange | Brazil, dividends, Fintech, Payments, valuation | View Pitch |
| Aug 13, 2025 | Seeking Alpha | Busted IPO Forum | PagSeguro Digital Ltd. | Information Technology | Software - Infrastructure | Neutral | NYSE | — | 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 |
|---|---|---|---|---|---|---|---|---|
| Sarah Ketterer | Causeway Capital Management LLC | $7.3B | $39.0M | 0.54% | 4,045,457 | +153,332 | +3.94% | 1.2695% |
| Steven A. Cohen | Point72 Asset Management | $86.8B | $57.0M | 0.07% | 5,911,693 | -4,157,759 | -41.29% | 1.8551% |
| Boaz Weinstein | Saba Capital Management | $3.3B | $12.5M | 0.37% | 1,293,415 | -627,970 | -32.68% | 0.4059% |
| Ray Dalio | Bridgewater Associates | $27.4B | $6.7M | 0.02% | 692,418 | +437,873 | +172.02% | 0.2173% |
| Israel Englander | Millennium Management LLC | $233.2B | $12.4M | 0.01% | 1,290,824 | -1,106,659 | -46.16% | 0.4051% |
| Jeremy Grantham | GMO LLC | $39.1B | $580,328 | 0.00% | 60,200 | -326,200 | -84.42% | 0.0189% |
| David Siegel & John Overdeck | Two Sigma Investments | $67.5B | $11.1M | 0.02% | 1,154,768 | +256,885 | +28.61% | 0.3624% |
| Cliff Asness | AQR Capital Management | $190.6B | $16.4M | 0.01% | 1,696,189 | +482,563 | +39.76% | 0.5323% |