Letters by company
Harbor Diversified, INC.
5 letters discussing HRBR. Everything written about it on this site is on its ticker page.
- Cedar Creek Partners Cedar Creek Partners 2026 Second Quarter Results Cedar Creek Partners increased expert-market exposure while building positions in companies affected by SEC Rule 15c2-11, arguing that trading restrictions create mispricings. It detailed cash-backed Harbor Diversified, Exco’s reserve development, PHI tender concerns, Solitron’s strategic review, Queen City’s ranch sale and cheaply valued community banks. Q2 ‘26 ENDI $125MEXCE $1.2BHRBR $129M
- Cedar Creek Partners Cedar Creek Partners 2026 First Quarter Results Cedar Creek Partners added Harbor Diversified after its Air Wisconsin asset sale and continued allocating to expert-market stocks, citing discounts to estimated asset values and earnings. The fund sold MetroCity Bankshares after the First IC transaction, built Steele Bancorp, and retained Solitron Devices amid its strategic-alternatives review and defense-production backlog. 2026 First Quarter ENDI $125MEXCE $1.2BHRBR $129M
- Alluvial Capital Management Second Quarter 2024 Letter to Limited Partners Alluvial Fund retained Net Lease Office Properties as its largest position, arguing that asset sales and debt reduction should narrow its steep valuation discount. The fund added conviction to McBride’s turnaround and Talen Energy’s asset-sale strategy, while exiting Harbor Diversified after its arbitration claim failed and financial statements required restatement. Second Quarter 2024 HRBR $129MMCB $401MNLOP $142M
- Kingdom Capital Advisors Q3 2026 Investor Letter Kingdom Capital Advisors attributes the drawdown chiefly to Entravision and Beasley Broadcasting, arguing that Smadex’s ad-tech franchise is misunderstood and that Beasley must still monetize assets. The portfolio retains positions in UNFI, Magnera and NLOP, while awaiting catalysts at Enviri, Monro and Harbor Diversified. Q3 2026 BBGI $19MEVC $634MMAGN $419M
- Kingdom Capital Advisors Q4 2025 Investor Letter Kingdom Capital exited Superior Industries after its customer losses, doubled its United Natural Foods position after a cyber-attack, and used common stock and call options to capitalize on Enviri’s Clean Earth sale. The portfolio enters 2026 concentrated in liquidation situations including Net Lease Office Properties and Apartment Investment and Management, alongside discounted operating businesses such as UNFI, AKA Brands, Magnera and WeightWatchers. Q4 2025 AIV $256MMAGN $419MNLOP $142M
