Letters by company
Resources Connection, INC.
3 letters discussing RGP. Everything written about it on this site is on its ticker page.
- Palm Valley Capital First Quarter 2026 Commentary Palm Valley Capital Fund held 77% of assets in Treasury-bill-heavy cash equivalents while finding valuation discounts across staffing, food, software, medical devices and used car parts. It bought Rayonier and trimmed Chord Energy, Heartland Express and Farmland Partners as they neared estimated value. The fund argues that AI disruption is being overstated in several holdings, particularly Amdocs and staffing firms. First Quarter 2026 CHRD $7.5BDOX $6.1BFLO $1.2B
- Palm Valley Capital First Quarter 2025 Commentary Palm Valley Capital Fund kept more than three quarters of assets in cash equivalents while adding starter positions in Forrester Research, Monro, Reynolds Consumer Products and Flowers Foods, citing a split small-cap market and concern over permanent impairment in low-quality companies. It added staffing and trucking exposure, trimmed securities near valuation, and argues fiscal retrenchment and speculation leave investors vulnerable to a fuller market cycle. First Quarter 2025 CRI $1.2BFLO $1.2BFORR $217M
- Palm Valley Capital Beggar Thy Enabler Palm Valley Capital Fund argues that Federal Reserve easing transfers wealth toward asset holders while worsening housing affordability, fiscal burdens, and commercial real-estate risk. The fund kept roughly 81.5% in cash equivalents, bought Helen of Troy, and sold John Wiley & Sons, Nathan’s Famous, and Equity Commonwealth. It maintains positions in staffing businesses despite a prolonged labor-demand slump. Third Quarter 2024 DOX $6.1BHELE $665MLSDAF $1.1B
