LongADBEJun 2026
Adobe Inc.
Polaris added Adobe after its share price had fallen well below its 2021 peak. The manager sees substantial value in Adobe's deeply embedded professional user base, which makes…
Polaris Capital Management, LLC
Global value-oriented equity investing focused on underappreciated, cash-generative businesses across countries and sectors.$5.5B AUM6 published ideas
Polaris Capital Management runs a global equity strategy that seeks valuation dislocations between market prices and underlying business fundamentals. The portfolio is materially more internationally diversified than the MSCI World Index and emphasizes underappreciated, cash-generative businesses capable of compounding through difficult macroeconomic conditions. The Q2 2026 commentary argues that value and international equities remain particularly attractive after concentrated leadership in large growth stocks.
Ideas from Polaris Capital Management, LLC
Long4901Jun 2026
FUJIFILM Holdings Corporation
Polaris identified Fujifilm as a value opportunity because the market was not fully recognizing several higher-value businesses inside the company. In particular, the manager…
LongUCGJun 2026
UniCredit S.p.A.
Polaris purchased UniCredit because it considers the bank a strong Italian franchise with opportunities to expand its position across Europe. The company had already acquired a…
LongCYTKJun 2026
Cytokinetics, Incorporated
Polaris added Cytokinetics after FDA approval of Myqorzo for hypertrophic cardiomyopathy. The manager views Myqorzo as superior to Bristol Myers Squibb's Camzyos because it…
LongASTORJun 2026
Astor Enerji A.Ş.
Polaris rotated into Astor Enerji after selling HD Hyundai Electric at what it considered a rich valuation. Astor is a Turkey-based transformer manufacturer with a large backlog…
LongBKNGJun 2026
Booking Holdings Inc.
Polaris added Booking Holdings after Middle East conflict headlines and an AI-related selloff pressured the shares. The manager viewed the decline as an overreaction rather than…
Letters covered
- Second Quarter 2026 Global Equity Composite CommentaryJune 30, 2026
Source PDFs are not republished here; only extracted ideas and quotes.