Letters by company
Dollar Tree, INC.
6 letters discussing DLTR. Everything written about it on this site is on its ticker page.
- Latitude Investment Management Latitude Annual Report 2025 Latitude Investment Management argues that disciplined trading in Dollar Tree improved the portfolio while preserving exposure to its core discount-retail thesis. It replaced Heineken with Royalty Pharma, Interactive Brokers with Intercontinental Exchange and BP with Assa Abloy, seeking stronger growth with less cyclicality. The portfolio also emphasizes defensive healthcare, infrastructure and selected AI exposure through Alphabet. 2025 DLTR $23BAIQUY $123BASAZY $38B
- Latitude Investment Management Latitude Global Fund Q225 Commentary Latitude Global Fund uses AutoZone as a precedent for retaining businesses through disruption narratives, then doubled Dollar Tree after its Family Dollar sale improved the balance sheet and capital-allocation case. It continues to hold Diageo, arguing that spirits-volume weakness may reflect channel inventory reductions rather than permanently weaker consumer demand. Q225 DLTR $23BAZO $47BDEO $53B
- Broyhill Asset Management The Broyhill Letter Q4 2025 Broyhill exited Fiserv and Six Flags, cut Avantor, and reallocated toward higher-conviction businesses after execution failures and leverage undermined several holdings. The portfolio emphasizes global defensives, smaller companies and Western Europe, arguing that AI infrastructure spending has distorted valuations and that users of the technology will capture more value than its builders. 2025 0QR4 AVTR $11BDLTR $23B
- Broyhill Asset Management The Broyhill Letter Q2 2025 Broyhill’s equity strategy added to Dollar Tree after tariff-driven selling and trimmed Philip Morris while retaining it as its largest holding. It shifted part of Avantor into Thermo Fisher, increased Fiserv after its selloff, and initiated IQVIA. The firm consolidated offshore exposure into Noble and favors undervalued smaller, international, and healthcare businesses. 2025.Q2 AVTR $11BDLTR $23BIQV $45B
- Broyhill Asset Management The Broyhill Letter Q1 2025 Broyhill favored globally diversified, undervalued assets as tariff uncertainty and US market concentration increased, while re-underwriting every holding for recession and tariff risks. It trimmed Philip Morris, added Baxter and Avantor on weakness, initiated Uber and Dollar Tree, built offshore oil exposure, and exited Nintendo after the Switch 2 announcement. Q1 2025 AVTR $11BBAX $13BDLTR $23B
- Broyhill Asset Management The Broyhill Letter 2023.Q3 Activision Blizzard’s acquisition by Microsoft closed after UK regulators accepted revised remedies that transferred cloud gaming rights to Ubisoft. Dollar General was stress-tested after operational failures, while Netflix and Dollar Tree were sold and the proceeds redeployed into Dollar General. Third Quarter 2023 DG $29BMSFT $4T
