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 |
|---|---|---|---|---|
Antipodes Global Fund Antipodes Partners Limited | “We exited Woodside as the margin of safety compressed under weak pricing, contracting difficulties and elevated capex. FY2025 underlying profit fell ~8% to US$2.65b on softer realised prices. Oversupply is core to the thesis breakdown, with ~93mt of new global LNG capacity arrives across 2025-2026 just as demand growth slows, tipping the market decisively towards buyers. Woodside's key US growth project, Louisiana LNG, took FID in April 2025 without a majority of volumes under long-term contract - binding SPAs cover only ~18% of Phase 1, leaving it exposed to a softening price environment as it markets remaining capacity. Combined with elevated spending and a brief 2026 production dip from planned maintenance, the margin of safety no longer compensated for the risk.” | NEUTRAL | Q2 2026 Jul 25, 2026 | 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.
