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| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Keywords/Themes | Theme Commentary | Pitches | Letter |
|---|---|---|---|---|---|---|---|---|---|
| 2025 Q2 | Jul 4, 2025 | ClearBridge Investments Large Cap Value | - | - | ADBE, AIR FP, AVGO, ICLR, LIN, MRVL, NOW, TGT, TSM | downside, free cash flow, fundamentals, Mean reversion, Valuation gap | The commentary focuses on valuation dispersion within large-cap equities, with many high-quality franchises trading at discounts due to short-term macro concerns. Management stresses fundamentals, free cash flow generation and capital discipline. Value is positioned as attractive as expectations normalize and multiples mean-revert. | ADBE ICLR TGT LIN AIR FP NOW MRVL AVGO TSM |
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| 2025 Q2 | Jul 29, 2025 | ClearBridge Investments All Cap Growth | - | - | ICLR, LLY, PLTR, SNPS, TGT | AI, growth, secular trends, technology, volatility | The commentary highlights a sharp risk-on rebound led by technology, AI, and communication services following tariff fears. ClearBridge emphasizes selective growth investing with attention to valuation, favoring companies with strong execution and secular tailwinds. Volatility is used to upgrade portfolio quality. | TGT ICLR PLTR SNPS LLY |
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| 2024 Q2 | Jun 30, 2024 | Carillon Eagle Growth & Income Fund | - | - | ADI, AVGO, AZN, HD, MDT, ORCL, PLD, PPG, TGT, TXN | - | View | ||
| 2023 Q2 | Jun 30, 2023 | Carillon Eagle Growth & Income Fund | - | - | ABBV, AVGO, CCI, CVX, ETN, JPM, MRK, MSFT, TGT, WEC | - | View | ||
| 2025 Q1 | Apr 8, 2025 | Matrix Large Cap Value Strategy | - | - | ABBV, BDX, FI, GNRC, PEP, RTX, TGT | - | View | ||
| 2025 Q1 | Apr 24, 2025 | Diamond Hill Large Cap Strategy | 1.4% | 1.4% | ABT, AIG, BRK/A, COF, COOP, GIS, HD, RRX, TGT | - | View | ||
| 2024 Q1 | Apr 15, 2024 | Mairs & Power – Balanced Fund | 0.0% | 11.0% | AMP, CASY, FI, NVDA, PG, TGT, WFC | - | View | ||
| 2025 Q4 | Feb 22, 2026 | City Different Investments – Multi-Cap Core | 2.8% | 18.1% | AMG, APG, CHTR, FLYW, GILD, GOOGL, KMX, LOPE, META, MSFT, NFLX, SBUX, SCHW, TGT, TMO | Behavioral, Diversified, long-term, multi-cap, value | Mature (Value) businesses led performance in the fourth quarter and were the strongest contributors for the full year, reflecting durable execution in companies that continued to generate healthy free cash flow and return capital. | FLYW |
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| 2023 Q2 | Dec 7, 2023 | Madison Sustainable Equity Fund | 6.1% | 20.1% | DHR, ECL, GOOG, HD, JPM, LLY, NKE, ORCL, PGR, TGT, USB | - | View | ||
| 2023 Q3 | Nov 10, 2023 | ClearBridge Investments All Cap Growth | 0.0% | 0.0% | GOOG, SBUX, TGT, UNP | - | View | ||
| 2023 Q3 | Nov 10, 2023 | ClearBridge Investments Large Cap Growth Strategy | 0.0% | 0.0% | EL, LLY, NKE, NVDA, SE, TGT, UNH, UNP, V | - | View | ||
| 2025 Q3 | Oct 16, 2025 | White Brook Capital | - | - | TGT, TTSH | Artificial Intelligence, Housing, Market Bubble, small caps, Value Investing | White Brook critiques AI euphoria and speculative valuations, comparing the boom to the fiber-optic bubble. The fund remains cautious but opportunistic, favoring companies with real cash flow and reasonable valuations. Its small-cap and all-cap portfolios highlight selective opportunities in housing, consumer cyclicals, and technology, while warning of hype-driven mispricing and the need for discipline. | TGT US PTLO US |
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| 2025 Q4 | Jan 30, 2026 | Immersion Investment Partners | 0.0% | 0.0% | BELFB, BROS, CAVA, CELH, CMG, DPZ, MAMA, PAR, RDVT, SBUX, TGT, WING | AI, Food, growth, Restaurants, small caps, tech, Valuations | The letter argues that the unwind of AI-driven mega-cap excess has created significant valuation dislocations in high-quality small-cap companies unfairly punished by broad tech multiple compression. Immersion emphasizes differentiated valuation work, variant perception, and patience in concentrated positions where fundamentals, unit economics, and long-term growth remain intact despite weak sentiment. The strategy focuses on exploiting mispricing created by narrative-driven selling, favoring businesses with durable economics, strong management, and asymmetric upside as earnings reassert themselves. | BROS MAMA PAR |
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| 2025 Q4 | Jan 2, 2026 | Oak Ridge Investments, LLC | 0.0% | 0.0% | CSCO, TGT, WMT | AI, Fed policy, growth, healthcare, technology, Valuations | AI is for real and will rapidly grow into everyday lives, continuing to threaten jobs while creating opportunities to improve quality of life. Success breeds competition and margin pressure hits profits. The best performing stocks will be those in their respective industries that do a better job than their peers utilizing technology. Healthcare stocks soared during the fourth quarter and provided the best returns by far. Performance was led by weight loss companies, European pharmaceuticals with positive phase three trials, and breakthrough biotech innovators in autoimmune disease. The sector is expected to lead in the year ahead. Technology and Communication Services remained recipients of majority of Capex spending. Mega cap Tech leaders saw earnings grow 31% and stocks advance 24%, lowering P/Es to reasonable levels. Larger cap Technology companies should continue to lead the market despite being an enormous part of the growth benchmark. Valuations do matter, as evidenced by Cisco Systems finally reaching new highs over 25 years after its Bubble Peak. The market has assigned a 40 P/E ratio to Walmart compared to 15X multiple on struggling Target. Leadership has been among lower quality, higher volatility names trading at extremely high valuations. | View | |
| 2025 Q4 | Jan 18, 2026 | Mairs & Power – Balanced Fund | 0.0% | 6.6% | AMZN, CASY, ENTG, FI, GOOG, HD, HON, HRL, JPM, LLY, MSI, NEOG, PFG, RHHBY, ROK, TECH, TGT, TRV, TXN, UNH, USB, WEC, WFC | AI, Balanced, earnings, financials, healthcare, rates, technology | AI and increasing market concentration took center stage in 2025, with the rate of investment in technology and AI infrastructure spending driving market narrative. McKinsey projects nearly $7 trillion in capital expenditures will be needed worldwide by 2030 to build up AI infrastructure. The Fund believes we are entering a transition period for AI, moving into a higher risk phase with flood of capital and unusual financing structures. The consistency of corporate earnings is a major reason for continued stock market strength. The S&P 500 is projected to deliver 12% earnings growth in 2025, while small cap companies are showing their first signs of earnings growth recovery after three years of contraction, posting 13% growth in 2025. The Federal Reserve began cutting rates in the fourth quarter with cooling inflation giving policymakers confidence. Lower interest rates are expected to continue into 2026, which typically takes around a year to feel effects through the economy and would likely support small business hiring and consumer confidence. | View | |
| 2025 Q4 | Jan 13, 2026 | Thornburg Strategic Income Fund | 1.2% | 7.6% | AMAT, AMZN, META, TAP, TGT | credit, Data centers, duration, Fed policy, fixed income, investment grade, yield curve | The portfolio identified attractive opportunities within project finance through lending secured by data centers under construction with leases to investment-grade tenants. These transactions offer high barriers to entry, favorable valuations, robust structures, and desirable tenant profiles despite maintaining a generally cautious view of the data center and AI sectors. Recent bankruptcies and instances of fraud may be indicative of light covenants typically seen late-cycle. Credit spreads remain tight, particularly within private market areas that have experienced sharp growth, raising concerns about credit quality deterioration. The Federal Reserve continued its easing cycle with 50 basis points of rate cuts including a 25bp cut in December lowering the Fed Funds rate to 3.50-3.75%. Treasury yields fluctuated with short-end yields declining 20-30 basis points as rate-cut expectations increased while the curve continued to steepen. | View | |
| 2024 Q2 | Jul 26, 2024 | Diamond Hill Large Cap Strategy | 7.9% | 14.7% | AMZN, GOOG, IP, KMX, RRX, SBUX, TGT, TXN | - | View | ||
| 2023 Q2 | Jul 19, 2023 | The London Company Income Equity | 10.4% | 14.6% | AAPL, CCI, LOW, MSFT, PGR, SCHW, TGT | - | View | ||
| 2023 Q1 | Apr 14, 2023 | Madison Sustainable Equity Fund | 6.1% | 20.1% | ADI, DHR, GOOG, HD, LLY, NESR GR, ORCL, PEP, QCOM, TEL, TGT, USB | - | View | ||
| 2024 Q4 | Jan 17, 2025 | Carillon Eagle Growth & Income Fund | - | - | AVGO, BBY, BKRP, EMN, GS, JPM, MDLZ, PLD, TGT, WSM | - | View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| Dec 5, 2025 | Fund Letters | Robert Feitler | Target Corporation | Consumer Discretionary | General Merchandise Stores | Bear | NYSE | Demand, Discretionary, Margins, retail, tariffs | View Pitch |
| Dec 5, 2025 | Fund Letters | Evan Bauman | Target Corporation | Consumer Discretionary | General Merchandise Stores | Bear | NYSE | Competition, Discretionary, Margins, retail, tariffs | 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. | ||||||||