LongGESep 2026
GE Aerospace
GE Aerospace is benefiting from favorable aerospace industry fundamentals. The fund argues that capital alone cannot quickly repair the damage to aerospace production…
ACR Alpine Capital Research LLC
Equity Quality Return value equity strategy focused on publicly traded common stocks with growing intrinsic value and capital preservation.11 published ideas
ACR Alpine Capital Research LLC is an SEC-registered investment adviser. Its Equity Quality Return strategy invests in publicly traded common stocks and seeks satisfactory long-term absolute and relative returns while protecting capital from permanent loss during economic declines. The investment approach emphasizes companies where intrinsic value can compound through dividends and growth in per-share earning power.
Ideas from ACR Alpine Capital Research LLC
LongCATSep 2026
Caterpillar
Caterpillar is positioned around the fund's US Output theme and the expansion of domestic industrial investment. The strategy estimates that years of underinvestment have left a…
LongGSSep 2026
Goldman Sachs
Goldman Sachs is part of the fund's Evolving Financials theme. The strategy believes financial companies spent the post-financial-crisis period improving efficiency, reducing…
LongTSMSep 2026
Taiwan Semiconductor Manufacturing Co Ltd
Taiwan Semiconductor is held within the Compute Infrastructure theme. The fund believes AI has developed into a multi-trillion-dollar capital formation cycle in which the primary…
LongAMATSep 2026
Applied Materials
Applied Materials is part of the portfolio's Compute Infrastructure theme. The strategy believes AI infrastructure spending has expanded far beyond its original expectations and…
LongADISep 2026
Analog Devices
Analog Devices is held as part of the Compute Infrastructure theme. The fund believes AI has transformed digital infrastructure demand into a much larger capital cycle centered…
LongNVDASep 2026
NVIDIA Corp
NVIDIA is a major portfolio holding within the Compute Infrastructure theme. The strategy believes the constraint in digital infrastructure has shifted from connectivity toward…
LongALABSep 2026
Astera Labs
Astera Labs is owned within the Compute Infrastructure theme. The fund believes AI has produced a capital investment cycle substantially larger than the digital infrastructure…
LongSTXSep 2026
Seagate
Seagate is part of the fund's Compute Infrastructure exposure. The strategy believes AI is driving a large and sustained capital formation cycle as data-center capacity and…
LongRR.LSep 2026
Rolls-Royce Holdings PLC
Rolls-Royce is positioned to benefit from favorable aerospace fundamentals. The fund believes the aerospace production infrastructure suffered damage that cannot be rapidly…
LongBKSep 2026
Bank of New York Mellon
Bank of New York Mellon is included in the new Evolving Financials theme. The fund believes financial institutions enter the current recovery with well-capitalized balance…
Letters covered
- Seeing Through the AI HazeSeptember 1, 2026
Source PDFs are not republished here; only extracted ideas and quotes.