Ayalon (4D) Global Stocks, managed by Ayalon Trust Funds Ltd. on Interactive Brokers Group, Inc.
Thesis
Interactive Brokers is viewed as one of the largest and most efficient global brokerage platforms, with a highly automated model and strong profitability. The fund emphasizes its broad exchange access, strong execution, low customer costs and ability to serve hedge funds and international clients. Account growth remained above 30 percent in 2025, while market volatility can increase customer activity and make the business resilient in bearish markets. Although the stock trades at an elevated P/E, the manager accepts the valuation because of IBKR's competitive position and expected profit growth.
“I am confident that this company will continue to grow and increase its profits in the future.”
Key risks
- The stock is not especially cheap and trades at an elevated P/E