Letters by company
Mondi plc
5 letters discussing MNODF. Everything written about it on this site is on its ticker page.
- Seafarer Capital Partners Portfolio Review Seafarer Overseas Value Fund lagged concentrated emerging-markets benchmarks while retaining diversified exposure to Samsung-related hardware and financials. The fund added Swire Pacific for discounted assets and capital allocation, while exiting Wilmar International over Indonesian export controls and Emaar Properties over regional security risks. second quarter 2026 006400 $29B028260 $35BCHFHF
- Seafarer Capital Partners Portfolio Review Seafarer Overseas Value Fund attributed gains to improving sentiment toward Chinese holdings and capital-recycling measures at Jardine Matheson, DFI Retail and Hongkong Land. The fund added ADNOC Gas, citing contracted gas economics, UAE production growth and a progressively rising dividend, while retaining exposure to consumer businesses despite weaker regional demand. third quarter of 2025 453950 ARCO $1.5BBABA $235B
- Seafarer Capital Partners Portfolio Review Seafarer Overseas Value Fund attributed weakness to cyclical holdings and Brazilian currency exposure, while Emaar Properties, Salik, Georgia Capital and Hongkong Land benefited from shareholder-value initiatives. The fund made no portfolio additions or deletions and said its value discipline must place greater emphasis on latent growth, including artificial-intelligence-related opportunities. fourth quarter of 2024 006400 $29BGRGCF $1.9BHKHGF $16B
- Seafarer Capital Partners Portfolio Review Seafarer Overseas Value Fund added Suzano and HDFC Bank, citing low-cost pulp assets, post-merger bank normalization and branch-network maturation, while Tata Motors’ spinoff created separate passenger and commercial-vehicle holdings. The fund attributes its results to capital returns and asset recycling at Georgia Capital, Lion Finance, Hongkong Land and DFI Retail, and argues emerging-market earnings resilience extends beyond AI. fourth quarter of 2025 006400 $29B028260 $35BDFIB
- Polaris Capital Management Third Quarter 2025 International Equity Composite Commentary Polaris International Equity Composite exited Canadian Tire, Tecnoglass, JDE Peet’s and Mondi after valuation, takeover or operating developments, while adding HD Hyundai Electric and DHL Group for grid-demand and international-logistics exposure. The strategy favors attractively priced cyclicals and defensives over concentrated AI leaders, while retaining selective semiconductor exposure through Samsung Electronics and SK Hynix. Third Quarter 2025 SSNLF $425B
