| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Keywords/Themes | Theme Commentary | Pitches | Letter |
|---|---|---|---|---|---|---|---|---|---|
| 2023 Q2 | Jul 6, 2023 | Citadel Value Fund | - | - | 005930.KS, 6208.T, 7248.T, AD.AS, AEO, BKNG, CON.DE, LIGHT.AS, NOV, SOL.MI, STLA, UHR.SW, VLGEA, VTSC.DE | Automotive, Europe, Fundamental Analysis, Industrial, small caps, value | Fund focuses on fundamental company analysis to estimate intrinsic value and achieve margin-of-safety by paying much less than intrinsic value. Portfolio trading at 44% discount to estimated intrinsic value with weighted free cash flow yield of 8%. | STLA LIGHT.AS APA|C|FFIV|KHC|NOV|UNH VTSC.DE SOL.MI |
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| 2023 Q4 | Dec 21, 2023 | Citadel Value Fund | - | - | 005930.KS, 6201.T, 7932.T, AD.AS, AEO, BKNG, CON.DE, DEW.L, LIGHT.AS, MPAC.L, NOV, SOL.MI, STLA, TGS.OL, UHR.SW, VLGEA, VTSCY, ZWACK.BD | Automotive, Europe, semiconductors, small caps, technology, value | Fund emphasizes fundamental value investing approach with focus on margin of safety and intrinsic value estimation. Portfolio trading at 36% discount to estimated intrinsic value with 7% free cash flow yield. Manager discusses risk as permanent capital loss rather than volatility. | 005930.KS |
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| 2024 Q4 | Jan 28, 2025 | Citadel Value Fund | - | - | 005930.KS, 3436.T, 6201.T, AAPL, AD.AS, AEO, BC, CON.DE, JST.DE, KER.PA, NOV, NVDA, PHIA.AS, STLA, TGS.OL, UHR.SW, VLGEA | Automotive, Industrial, Luxury, semiconductors, small caps, technology, value | The fund emphasizes value investing principles, purchasing solid investments at low entry valuations as a time-tested approach since 2002. The portfolio trades at a 44% discount to estimated intrinsic value with a look-through free cash flow yield of 6% and EV/EBITA multiple of 8x, contrasting with the MSCI World index at 18x operational profit. | STLA BC KER.PA JOST.DE |
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| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| May 23, 2026 | Substack | Scalpavelli | Village Super Market | Retail | Grocery Stores | Neutral | NASDAQ Stock Market | balance sheet, capital expenditure, earnings multiple, grocery retail, NASDAQ, shareholder returns, Value trap, Village Super Market, Wakefern disputes | View Pitch |
| Feb 18, 2026 | Substack | Scalpavelli | Village Super Market | Retail | Grocery Stores | Neutral | NASDAQ Stock Market | balance sheet, capital expenditure, digital sales growth, earnings multiple, grocery retail, market conditions, shareholder returns, Value trap, Village Super Market, Wakefern disputes | View Pitch |
| Nov 25, 2025 | Substack | Scalpavelli | Village Super Market, Inc. | Consumer Staples | Grocery Stores | Bull | Customer loyalty, defensive stock, dividend payments, essential goods, financial management, market volatility, operational efficiency, Revenue Growth, strategic locations, supermarkets | View Pitch | |
| Oct 9, 2025 | Substack | Scalpavelli | Village Super Market, Inc. | Consumer Staples | Grocery Stores | Neutral | cyclical over-earning, defensive rating, digital sales growth, grocery stores, gross margins, patronage dividends, tangible book value, tax expenses, Village Super Market, Wakefern | View Pitch | |
| Sep 19, 2025 | Seeking Alpha | Seeking Alpha | Village Super Market, Inc. | Grocery Stores | Bull | asset quality, Economic conditions, grocery retail, Revenue Growth, ShopRite, store expansion, Undervalued Stock, valuation metrics, Village Super Market, Wakefern Food Corporation | View Pitch | ||
| Aug 13, 2025 | Seeking Alpha | Thomas Niel | Village Super Market | Consumer Staples | Grocery Stores | Bull | NASDAQ | — | 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. | ||||||||