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| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Keywords/Themes | Theme Commentary | Pitches | Letter |
|---|---|---|---|---|---|---|---|---|---|
| 2025 Q2 | Jul 22, 2025 | Miller Howard Investments Utilities Plus | - | - | AEP, CEG, CMS, EXC, PCG, PEG, PPL, SRE, VST | Data centers, dividends, electricity demand, infrastructure, Utilities | The letter highlights regulated utilities and independent power producers as beneficiaries of surging electricity demand from AI, data centers, and electrification trends. Management stresses that utilities offer lower volatility, growing dividends, and improving growth visibility as capital spending accelerates. The theme balances defensive characteristics with structural demand growth. | View | |
| 2025 Q1 | Mar 31, 2025 | Miller Howard Investments Utilities Plus | - | - | AEP, CNP, EIX, ETR, EXC, PCG, SO, VST, XEL | - | View | ||
| 2025 Q4 | Feb 6, 2026 | Third Point Partners | 1.9% | - | 000660.KS, 034730.KS, BHC, CRS, CSGP, DSV.CO, ENR.DE, META, MIK, MSFT, PCG, PRMB, QBR.B.TO, SNBR, TPG, VST | AI, credit, defense, healthcare, Mortgage, semiconductors, Telecom, value | AI dominates market headlines and is forcing a re-think of established beliefs about capital-light business models like software. Many software companies now face increased investor skepticism about the sustainability of their moats and scrutiny of their high-margin structures. The AI theme seems less bulletproof with recent Oracle selloff. Ongoing rotation from software into semiconductors, memory, and semicap equipment. SK Hynix has solidified its leadership in high-bandwidth memory (HBM), emerging as the exclusive HBM supplier for Microsoft's in-house AI accelerator and securing roughly two-thirds of NVIDIA's anticipated HBM4 demand at meaningfully higher price points and margins. Continued strength in European defense equities as capital-intensive businesses like defense contractors are having their moment. Investors are waking up to their mission critical role in the rebuilding of supply chains and national security complexes. Both private credit and private equity will continue to struggle with monetization due to billions of dollars trapped in private equity that cannot be monetized at acceptable prices. The line between public and private is blurring with the more relevant distinction being traded and not yet traded. Expect more liability management exercises and in-court restructurings with almost 40% of restructurings being repeat offenders. Ratings downgrades and defaults continue to pressure stressed leveraged loans creating attractive entry points with elevated dispersion in the leveraged loan market. Residential mortgages remained resilient in 2025, particularly seasoned loans with lower balances. There is currently $35.8 trillion of home equity in US homeowners' balance sheet, creating large margin of credit protection and ability to expand investments in residential real estate into home affordability products. | SGI 402340 KS |
View |
| 2024 Q4 | Feb 4, 2025 | Third Point Partners | 9.1% | - | BN, ENR GR, LYV, PCG | - | View | ||
| 2025 Q4 | Feb 11, 2026 | BlackRock Core Bond Fund | 1.0% | 7.4% | EQT, GS, JPM, MS, PCG | credit, duration, Fed policy, fixed income, MBS, rates | The fund moved to an overweight duration position during the quarter, concentrated in the front and belly of the yield curve. Duration positioning detracted from performance as this portion of the curve sold off in October due to investor perceptions of a hawkish Federal Reserve. The fund built a U.S. rate-steepening bias throughout the quarter. Agency mortgage-backed securities contributed to performance as spreads continued to tighten amid strong technical support. The overweight allocation to agency MBS was increased during the quarter. The fund favored high-quality securitized assets. | View | |
| 2024 Q4 | Dec 31, 2024 | Miller Howard Investments Utilities Plus | - | - | PCG, VST | - | View | ||
| 2022 Q3 | Oct 18, 2022 | Third Point Offshore Fund | - | - | CL, DIS, PCG, VTYX | - | View | ||
| 2022 Q3 | Oct 18, 2022 | Third Point Offshore Fund | 1.1% | -3.0% | CL, DIS, PCG, VTYX | - | View | ||
| 2025 Q3 | Oct 14, 2025 | Greenlight Capital | -3.6% | 0.4% | COYA, EIX, GRBK, KD, LXS GR, PCG, TECK | AI, Bubble risk, energy, Utilities, valuation | Greenlight critiques the AI investment mania, arguing trillion-dollar spending plans lack financial grounding. The fund remains cautious on equity valuations and warns of potential capital destruction similar to past bubbles. Holdings like Pacific Gas & Electric and Teck Resources reflect contrarian positioning in undervalued and energy-related names. | View | |
| 2022 Q4 | Jul 1, 2023 | Third Point Offshore Fund | 1.1% | -3.0% | AIG, BBWI, CL, DD, PCG | - | View | ||
| 2022 Q1 | Mar 31, 2022 | Third Point Offshore Fund | 1.1% | -3.0% | GLEN LN, PCG, SHEL | - | View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| No pitches found. | |||||||||
| 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. | ||||||||