LongBRJun 2026
Broadridge Financial Solutions
Merchant West rotated from Paychex into Broadridge because it views Broadridge's moat as structurally more durable. Its near-monopoly in proxy materials and investor…
Merchant West Global Equity Fund
Bottom-up global equity strategy focused on high-quality businesses with structural pricing power, conservative balance sheets and attractive valuations.5 published ideas
The fund seeks long-term capital growth through a global portfolio of high-quality businesses and is intended for investors with a seven-year-plus horizon. Its framework emphasizes structural pricing power, conservative balance sheets, durable competitive advantages and counter-cyclical deployment into attractive valuations. P(1) Merchant West Global Equit… P(1) Merchant West Global Equit…
Ideas from Merchant West Global Equity Fund
LongSPGIJun 2026
S&P Global
Merchant West added S&P Global as a high-quality, cash-generative business after reducing hyperscaler exposure. The company can grow earnings steadily without requiring heavy…
LongPGRJun 2026
The Progressive Corporation
Merchant West added Progressive because it sees a structural cost and data advantage in the company's insurance model. That advantage allows Progressive to underwrite more…
LongKNSLJun 2026
Kinsale Capital Group
Merchant West added Kinsale Capital for its disciplined approach to specialty insurance. The fund sees specialty insurance as a smaller, faster-growing niche where Kinsale's…
LongNVDAJun 2026
NVIDIA Corporation
Merchant West initiated a 1.9% position in Nvidia because the scale of AI infrastructure spending is proving materially larger than the team initially expected. Nvidia sits at…
Letters covered
- Merchant West Global Equity (USD) Fund Quarterly Report Q2 2026June 30, 2026
Source PDFs are not republished here; only extracted ideas and quotes.