205 investment ideas from 106 funds across 145 stocks. Every thesis and quote on this page comes from a fund manager's own investor letter, not a 13F filing, so you can see the reasoning, risks and conviction behind each Financials & FinTech position.
LongMRXOct 2026
Night Watch believes Marex will be a significantly better company in a few years and that the market is not pricing in that improvement. A secondary attraction is its counter-cyclical profile, because Marex makes more mo
LongADPSep 2026
ADP combines predictable recurring revenue from payroll and human-resources software with an additional earnings stream from client payroll balances. The fund notes that the shares were caught in the broader software sel
LongHCI
Khrom's HCI thesis is built on a structurally improving Florida homeowners insurance market and HCI's ability to benefit disproportionately from that improvement. Legislative reforms have reduced litigation and claims co
LongCOF
Khrom believes Capital One's acquisition of Discover can transform it from a traditional card issuer into a vertically integrated payments company that owns one of the four major U.S. card networks. By migrating transact
LongABI
Agriculture Bank Insurance is positioned to benefit from the same higher interest-rate environment that is pressuring much of the Vietnamese equity market. As an insurer, the company holds substantial assets in bank depo
LongDB1
Deutsche Börse benefits from higher market activity and volatility through increased trading volumes, while inflation and interest-rate uncertainty support activity in rate markets and its Clearstream settlement and cust
LongDB1
Deutsche Börse delivered revenues and EBITDA ahead of consensus, with Securities Services supported by record assets under custody, higher settlement activity, strong debt issuance and record collateral balances. Treasur
LongSNEX
StoneX Group was the portfolio's largest positive contributor during the quarter, adding 226 basis points to performance. Sawgrass highlights the company's consistent record operating revenues, expanding client engagemen
LongVBNK
Arauca initiated VersaBank because its Structured Receivable Program provides exposure to point-of-sale lending while leaving underlying credit losses with financing partners and protecting the bank through cash holdback
LongODET
Horos also initiated a position in Compagnie de l'Odet, the central holding company through which the Bolloré family controls the wider group. The unusual cross-holding structure between Odet and Bolloré protects family
LongBOL
Horos initiated a position in Bolloré because it believes the holding company's complexity has prevented the market from recognizing the value of its assets. The group has been simplifying through major disposals and spi
LongEXO.MI
Exor is a longstanding family-controlled holding company that the fund views as a durable compounder with strong capital allocation and a history of successful acquisitions. Its portfolio includes major stakes in Ferrari
“It remains one of the most underappreciated growth stories that we are seeing in the stock market today.”
“the market continues to underappreciate this unique combination of deeply integrated software and interest income potential.”
“Purchased at a low multiple of normalized earnings, HCI offered what we viewed as a rare combination: growing earnings, meaningful downside protection, and a source of value creation in Exzeo that the stock price ignored.”
“We believe Capital One can deliver double-digit earnings growth, and that the market will eventually reward it with multiple expansion.”
“Higher interest rates can therefore translate directly into higher investment income.”
“These results continue to support the longer-term investment case”