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 |
|---|---|---|---|---|
Bonsai Partners Andrew Rosenblum | “Wise is one of our largest positions and a classic example of a hidden moat. Its competitive advantage is notoriously hard to explain because there is no single "killer feature” | BULL | Q2 2026 Aug 18, 2026 | View Pitch |
Bonsai Partners Andrew Rosenblum | “Wise is one of our largest positions and a classic example of a hidden moat. Its competitive advantage is notoriously hard to explain because there is no single R...” | NEUTRAL | Q2 2026 Aug 18, 2026 | View Pitch |
Ennismore Global Equity Fund Ennismore Fund Management Limited | “Wise (which we discussed in June 2022 and September 2025) is a clean illustration of the point. Its operating performance over the past year has been spectacular. At its investor day in spring 2025 the company announced a step-up in investment; the market responded with its customary scepticism about jam tomorrow. Since then, volume growth has accelerated sequentially in every quarter, and our internal monitoring suggests the streak has continued into the current, unreported quarter. The business is roughly a third larger than it was on the day of that presentation. The share price is down 3% over the same period and was over 15% lower a few weeks ago after the news of an investigation into about EUR 0.5bn of transactions (or a few basis points of total volume) by the Belgian prosecutor broke. We offered our thoughts on this in our May letter. A third more business at an all-time-low valuation is a measure of how concentrated the market's attention is. Management appears to agree and has stepped up buybacks. We've also added alongside them. In our view the falling price is not destroying value but deferring it, with interest.” | NEUTRAL | Q2 2026 Jul 17, 2026 | View Pitch |
East72 Dynasty Trust Andrew Brown | “The consensus expectation of May's NASDAQ listing for Wise Group PLC facilitating a re-rating of the shares proved fallacious – the shares reached an eight-month high on the appointed day and promptly fell 32% in a month, to our benefit. This was partly propagated by a Belgian enquiry into the company's systems and compliance with AML protocols. The financial analysis is very straightforward given Wise's disclosures. With rolling twelve months to March 2026 cross-border volumes up 31.5% feeding 17.3% revenue growth and customer balances up over 36%, the company is at an advantageous point of the growth curve. The shares are currently priced at a forward P/E of 22x with 27% ROE and a competitive advantage which doesn't appear to reflect this.” | NEUTRAL | Q2 2026 Jul 17, 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.