Letters by company
International Flavors & Fragrances INC
4 letters discussing IFF. Everything written about it on this site is on its ticker page.
- Heartland Advisors Heartland Mid Cap Value Fund 2Q26 Portfolio Manager Commentary Heartland Mid Cap Value Fund reduced ON Semiconductor after it reached its price target, built MarketAxess amid temporary issuance-related trading headwinds, and initiated International Flavors and Fragrances as a self-help opportunity. The managers argue that AI-driven market concentration has created mispricings and rely on scenario-based price targets and a two-bucket value process to assess them. 2Q26 IFF $21BMKTX $5.8BON $29B
- Davenport Asset Management The Davenport Funds Quarterly Update Davenport warns that crowded AI infrastructure and semiconductor enthusiasm has displaced value-oriented shares, prompting a more risk-averse stance. Across its funds, the firm trimmed Marvell and UnitedHealth, added Constellation and Berkshire, initiated Stryker, Abbott, IFF and SoFi, and exited impaired Verra Mobility, Caesars and Casey’s. Q2 2026 ABT $189BACN $150BIFF $21B
- 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 $314BARE $7.9BASTS $14B
- Davenport Asset Management The Davenport Funds Quarterly Update Davenport Funds cautions that AI enthusiasm, easing monetary policy and fiscal stimulus have pushed parts of the equity and credit markets toward speculative valuations. The funds trimmed technology winners, exited Electronic Arts after its take-private agreement, and added discounted opportunities including Accenture, Agilent, Elevance Health and Americold Realty Trust. Third Quarter Update 2025 A $50BACN $150BCOLD $4.6B
