Letters by company
Harley-davidson, INC.
2 letters discussing HOG. Everything written about it on this site is on its ticker page.
- Third Avenue Management Third Avenue Value Fund Portfolio Manager Commentary Third Avenue Value Fund argues that easyJet’s fleet, airport slots and net cash underpin takeover appeal, while Paltac’s tender offer validates the value of hard-to-replicate assets. It initiated thyssenkrupp, seeking value from its breakup, and retained offshore-energy exposure on the view that depleted strategic reserves will require long-life supply. Q2 2026 6951 $2.1BCSCCY $8.8BESYJY $6.8B
- Aegis Value Fund Portfolio Manager’s Letter Aegis Value Fund kept a large energy allocation, arguing depleted inventories, constrained supply and underinvestment support oil producers, while retaining precious-metals miners despite a correction. It held Cenovus, reduced Equinox, sold Amerigo on valuation and feedstock risk, and bought Radian, hotel REITs, Jet2 and Harley-Davidson at discounted valuations. 1st Half Ended June 30, 2026 ARG $977MATHOF $3.9BCLDT $803M
