Letters by company
Lundin Mining Corporation
4 letters discussing LNDMY. Everything written about it on this site is on its ticker page.
- Massif Capital Fourth Quarter 2025 Letter to Investors Massif Capital retained Equinox Gold after selling G Mining Ventures, arguing that Equinox offers operational momentum, deleveraging and prospective capital returns. The strategy favors cash-generative European producers amid oil volatility and maintains a large copper allocation on constrained mine supply, thin inventories and policy-driven stockpiling. Fourth Quarter 2025 +9.6% EQNR $103BEQX $16BGMIN $10BLAR $1.1B
- Third Avenue Management Value Fund Q226 Third Avenue Value Fund added thyssenkrupp, exited Ayala and Compañía Sud Americana de Vapores, and argues that its restructuring can surface value from standalone businesses. The fund links takeover approaches for easyJet and Paltac to tangible assets, net cash and hard-to-replicate operating networks, while maintaining its offshore-energy thesis. Q226 +1.3% 8283 $2.5BESYJY $5.1BTKAMY $9B6856 $6.2B
- Polaris Capital Management First Quarter 2026 International Equity Composite Commentary Polaris International Equity Composite sold Methanex after it reached its valuation target, exited Capgemini as the outsourcing thesis weakened, and initiated Ryanair after an oil-driven selloff. The portfolio favors international diversification, financial holdings that benefit from higher rates, and quality companies trading at dislocated valuations. FIRST QUARTER 2026 +5.1% MEOH $4.5BRYAAY $29BBABA $290BBABWF $26B
- Polaris Capital Management First Quarter 2026 Global Equity Composite Commentary Polaris Global Equity Composite benefited from energy, technology, materials and utilities as the Strait of Hormuz closure reshaped sector leadership. The portfolio exited Methanex, Sally Beauty, UnitedHealth and Capgemini, then initiated Eastman Chemical and Ryanair on valuation, cost-cutting and supply-demand catalysts. FIRST QUARTER 2026 +5.9% CAPMF $22BDNBBF $48BE $86BMEOH $4.5B
