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 23, 2026 | Multiple Opal Capital Entities | 0.0% | 0.0% | BIV, DIVZ, IDVZ, IEFA, JEPI, PCHI, UVXY, VEA, VGLT, VGSH, VTV, VXX | diversification, Dollar, ETFs, Europe, international, risk management, Valuations, volatility | Manager emphasizes global diversification as a key positioning strategy, particularly outside the U.S., to address concentration risks and benefit from more attractive valuations in international markets. This is driven by structural shifts including de-globalization and geopolitical tensions. Manager expects higher volatility in 2026 relative to the past decade, with suppressed volatility historically preceding sharp sell-offs. They view volatility as creating opportunities for disciplined long-term investors and maintain hedging positions to protect against drawdowns. Structural dollar weakness driven by fiscal deficits and shifting capital flows is viewed as a tailwind for international exposure. This currency trend supports the manager's positioning toward non-U.S. assets. Manager highlights elevated valuations as a structural risk, particularly in U.S. markets, while finding more attractive opportunities in international regions. They emphasize the historical pattern of elevated valuations plus suppressed volatility preceding sharp sell-offs. | View | |
| 2024 Q3 | Sep 30, 2024 | Ariel International Fund | 7.6% | 0.0% | 005930 KS, 7270 JP, CHKP, JD, PUB FP, SNY, STLA, TSCO LN, VEA | - | 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. | ||||||||