Letters by company
First Horizon CORP
4 letters discussing FHN. Everything written about it on this site is on its ticker page.
- Andrew Hill Investment Advisors Q4 2025 Client Letter Andrew Hill Investment Advisors harvested stock profits into laddered high-grade bonds, held gold, and positioned portfolios underweight equities relative to targets. It expects AI leadership to shift from infrastructure builders to users, adding First Horizon and Thermo Fisher while restoring Deere and initiating Rivian. fourth quarter 2025 AAPL $5.2TCEG $97BDE $182B
- Broyhill Asset Management The Broyhill Letter 2023.Q2 Broyhill Asset Management added Charles Schwab, Nintendo, British American Tobacco and PayPal, exited First Horizon and Altria, and rebalanced tobacco exposure toward Philip Morris and British American Tobacco. The firm argues that AI-led market concentration, tightening credit and weakening consumer conditions leave equities exposed, while depressed valuations create opportunities in resilient businesses. second quarter 2023 BAYRY $61BBTI $133BBUD $167B
- Andrew Hill Investment Advisors Q1 2026 Client Letter Andrew Hill Investment Advisors reduced equity, long-duration bond and gold exposure, added short-term bonds and an S&P 500 inverse fund, citing the Iran conflict, energy inflation and weakening economic conditions. The portfolios emphasize Nvidia, Microsoft, Apple, renewable-power equipment and U.S. gas infrastructure, while adding EQT, National Fuel Gas and Rivian. The firm argues that AI-driven electricity demand and localized energy production support its energy and utility themes. 2026.Q1 AAPL $5.2TEQT $33BGEV $213B
- Marram Investment Management 2025 3rd Quarter Letter Marram harvested gains in large financials, exited First Horizon and trimmed Regions as valuations expanded and underwriting standards eased. It reinvested proceeds into PayPal, Shift4 and a diversified biopharma basket built around ETFs, clinical-research services and biosimulation software, while emphasizing a disciplined research wishlist and liquidity for future opportunities. 2025 3rd Quarter —
