Letters by company
AST SpaceMobile, Inc.
3 letters discussing ASTS. Everything written about it on this site is on its ticker page.
- Crossroads Capital, LLC Crossroads Capital Q2 2026 Investor Letter Crossroads Capital trimmed and wrote calls on Nebius, added Nintendo during its selloff, and initiated a common-and-call position in Take-Two alongside its Nintendo work. The portfolio emphasizes company-specific catalysts in AST SpaceMobile, Nebius and FTAI Aviation while treating momentum-driven selling as disconnected from operating progress. Q2 2026 ASTS $13BBE $57BFTAI $18B
- Crossroads Capital, LLC Crossroads Capital Q1 2026 Investor Letter Crossroads Capital kept the core book largely unchanged, exited Vistry after its CEO resignation undermined the transformation case, and increased Nebius as execution de-risked the business. It argues AST SpaceMobile has cleared manufacturing constraints ahead of batch launches, while FTAI Aviation’s MRO model and power initiative broaden its earnings drivers. Q1 2026 ASTS $13BFTAI $18BMETA $1.6T
- Davenport Asset Management The Davenport Funds Quarterly Update: Second Quarter Update 2025 Davenport Funds argues that tariff and geopolitical fears receded faster than their economic effects could materialize, supporting a disciplined focus on undervalued cyclical and consumer opportunities. The managers added Quanta Services, UnitedHealth and Analog Devices, reintroduced Alexandria Real Estate, built casino positions in Wynn and Caesars, and initiated Sempra, Applied Materials, Builders FirstSource and International Flavors & Fragrances after insider buying. Second Quarter 2025 AMAT $294BARE $7.6BASTS $13B
