Elevance Health
Pelican Bay believes Elevance is recovering from weakness in the Medicare insurance market as management reprices plans to account for higher medical costs. The company is also…
Pelican Bay Capital Management runs a Concentrated Value strategy that seeks high-quality companies with durable competitive advantages, strong cash generation and solid balance sheets, then invests when they trade at steep discounts to estimated intrinsic value. The manager defines investment opportunity as a meaningful gap between market price and intrinsic value and uses that gap to create a margin of safety. Pelican Bay Capital Management operates within Moran Wealth Management, which reported $5.7 billion of AUM as of June 30, 2026. P(1) Pelican Bay Capital Manage… P(1) Pelican Bay Capital Manage… Moran Wealth Management -
Pelican Bay believes Elevance is recovering from weakness in the Medicare insurance market as management reprices plans to account for higher medical costs. The company is also…
Pelican Bay's Royalty Pharma position has appreciated as investors gained confidence in management's ability to acquire new pharmaceutical royalties on attractive terms. The fund…
Pelican Bay views Toll Brothers as a relative bright spot within a weak homebuilding sector because its customer base is unusually affluent. Those buyers have benefited from…
Pelican Bay added to Zoetis after a sharp post-earnings sell-off because it believes the market reaction was excessive relative to the long-term opportunity. The manager expects…
Devon is Pelican Bay's newest portfolio addition and is built around a combination of high-quality oil and gas assets, a clean balance sheet and substantial expected free cash…
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