LongOCTVOct 2026
Octave Intelligence
O’Keefe Stevens bought Octave, a spin-off from Hexagon, because selling by parent-company shareholders and index constraints created a potentially price-insensitive supply of…
O'Keefe Stevens Advisory, Inc.
Concentrated, valuation-disciplined public-equity investing focused on durable businesses, opportunistic purchases around forced selling and spin-offs, and risk-aware position sizing.6 published ideas
O'Keefe Stevens Advisory is an SEC-registered investment adviser whose Q3 2026 letter was written by Dominick D'Angelo, CFA. The firm seeks durable businesses at reasonable prices, holds cash when valuations are unattractive and sells holdings that reach fair value. Its concentrated portfolios place particular emphasis on avoiding excessive leverage, managing position sizes and distinguishing fundamental weakness from temporary selling pressure.
Ideas from O'Keefe Stevens Advisory, Inc.
LongPRGOOct 2026
Perrigo Company plc
The adviser continues to own Perrigo and most recently added in February 2026 despite substantial losses since the initial purchase. The business is not yet repaired, but…
LongGLWOct 2026
Corning Incorporated
O’Keefe Stevens remains a Corning shareholder despite the stock’s nearly 40% quarterly decline, having trimmed and hedged after its earlier surge. Operating fundamentals…
LongSPHROct 2026
Sphere Entertainment Co.
The adviser continues to discuss Sphere as a unique venue asset with the possibility of a longer positive payoff than conventional forecasts capture. Despite a 22.3% quarterly…
LongCALYOct 2026
Callaway Golf
The adviser reiterates that the Callaway thesis is centered on the core golf business plus repurchases following the sale of Topgolf. Callaway raised full-year guidance after Q2…
LongWYOct 2026
Weyerhaeuser Company
The adviser maintains that softwood lumber may be nearing the end of a multi-year downturn, positioning Weyerhaeuser to benefit from a cyclical recovery. Mortgage rates above 7%…
Letters covered
- Q3 2026 Investor LetterOctober 30, 2026
Source PDFs are not republished here; only extracted ideas and quotes.