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 |
|---|---|---|---|---|
Artisan Partners Small Cap Fund Jay Warner | “ServiceTitan is the leading vertical software provider for the trades (e.g., plumbing, HVAC, electrical), an area that has historically been underserved by technology. The company is focused on residential and commercial services that manage the full workflow—from lead generation to payment. Revenue comes from subscriptions and usage-based payment processing. We see multiple opportunities for growth, including acquiring new customers, upselling existing customers and expanding into more trades. ServiceTitan has been delivering in line with our thesis, particularly during its initial quarters as a public company amid a highly uncertain market environment. We took advantage of stock weakness following a secondary issuance after the IPO lockup to increase our position from the GardenSM to the CropSM. BSD Analysis: ServiceTitan's vertical-software dominance gives it strong pricing power and long-term ARR visibility. Expansion into adjacent trades and payments monetization enhances LTV/CAC. Shares remain expensive versus horizontal SaaS peers, but growth durability and operating leverage warrant the premium. Key risks include execution on scaling enterprise features.” | BULL | Q2 2025 Jul 22, 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.
