Join for free and get access to the buyside
Get insights from the world's most influential hedge fund investors direct to your inbox
- © 2025 Buyside Digest
- Privacy Policy
- Disclaimer
- Sitemap
- Terms of Service
| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Keywords/Themes | Theme Commentary | Pitches | Letter |
|---|---|---|---|---|---|---|---|---|---|
| 2025 Q4 | Jan 6, 2026 | Airlie Australian Share Fund | 0.0% | 0.0% | ALL.AX, APZ.AX, CBA.AX, CSL.AX, GMG.AX, IEL.AX, MIN.AX, RMD, SIG.AX, SVW.AX, WBC.AX | Australia, Banking, Concentration, Quality, underperformance, value | Airlie defines their investment style as focusing on undervalued quality businesses that generate high returns on capital with opportunities to grow at attractive rates on incremental capital. They believe the market regularly misprices quality businesses, creating opportunities to buy at discounted valuations. The fund seeks instances where quality businesses are trading at attractive prices relative to their intrinsic value. They believe purchasing companies at material discounts to intrinsic value drives investment returns through both earnings growth and multiple expansion over the long term. | View | |
| 2025 Q4 | Jan 6, 2026 | Airlie Small Companies Fund | - | - | ALL.AX, APZ.AX, CBA.AX, CSL.AX, GMG.AX, IEL.AX, MIN.AX, RMD, SIG.AX, SVW.AX, WBC.AX | Australia, Banking, Concentration, Quality, underperformance, value | Airlie defines their investment style as focusing on undervalued quality businesses that generate high returns on capital with opportunities to grow at attractive rates on incremental capital. They believe the market regularly misprices quality businesses, creating opportunities to buy quality companies at discounted valuations where investment returns are driven by both compounding earnings growth and multiple expansion. The fund looks for instances where quality businesses are trading at attractive prices and believes they purchased their companies at material discounts to intrinsic value. They focus on buying and holding quality companies at discounted valuations, with the beauty being that investment returns can be driven by both compounding earnings growth and multiple expansion over the long term. | View | |
| 2023 Q3 | Sep 30, 2023 | L1 Capital Long Short Fund | 2.4% | 10.8% | CVE, FLTR, IMD.AX, JHX.AX, NUF.AX, STO.AX, SVW.AX, WOR.AX | Australia, energy, LNG, Long/Short, oil, Santos, value | Energy remains a sector the fund is very constructive on, with analysis supporting potential for a more resilient market than investors expect. The fund believes the energy market will remain tight with solid demand growth and constrained supply growth, supporting oil prices well above industry break-even levels. OPEC+ supply discipline and declining U.S. shale drilling activity are key supply constraints. | WOR.AX JHX.AX SVW.AX CVE.TO STO.AX |
View |
| 2024 Q4 | Feb 13, 2025 | Harvest Lane Asset Management | 3.9% | 17.6% | AND.AX, AVJ.AX, BFG.AX, CE1.AX, GDC.AX, NAM.AX, ORR.AX, PBP.AX, PRU.AX, PSQ.AX, QHL.AX, SGF.AX, SVM.TO, SVW.AX, SWF.AX, TIE.AX | Absolute return, arbitrage, Australia, Corporate Events, M&A, takeovers | The fund participated in multiple merger arbitrage opportunities throughout 2024, including Perseus's takeover of Orecorp, Probiotec's scheme with Pyridam, and the contested battle for Namoi Cotton between Olam Agri and Louis Dreyfus Company. The manager emphasizes the importance of competitive auctions and diligent screening processes for deal breaks aversion and capital preservation. | View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| Apr 28, 2026 | Fund Letters | L1 Capital Long Short Fund | Seven Group Holdings Limited | Industrials | Industrial Conglomerates | Bull | ASX | Australia, Boral, construction, Equity, industrial services, infrastructure, Mining equipment | 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. | ||||||||