Letters by company
Ryan Specialty Holdings, INC.
5 letters discussing RYAN. Everything written about it on this site is on its ticker page.
- Fenimore Asset Management Q2 2026 Quarterly Investment Commentary Fenimore added Ryan Specialty, Thermo Fisher Scientific, and Tyler Technologies while trimming or exiting selected holdings to fund higher-conviction opportunities. The firm argues that AI infrastructure demand favored semiconductor-linked businesses, while volatility in software, outsourcing, and defensive stocks created entry points for companies with durable competitive positions. Q2 2026 BOC $382MBR $20BEXLS $6B
- Vulcan Value Partners Second Quarter 2026 Vulcan Value Partners added Equifax, Badger Meter, TPG, Veeva and ServiceNow, funding several purchases by selling UnitedHealth and other less discounted holdings. It argues proprietary data, embedded workflows and disciplined underwriting protect its holdings from AI and cyclical fears while discounted prices provide margins of safety. Q2 2026 AMZN $2.7TBMI $3.8BEFX $18B
- Vulcan Value Partners First Quarter 2026 Vulcan Value Partners rotated from fully valued holdings into discounted businesses it expects to withstand or benefit from AI, led by SAP, Ares Management and Ryan Specialty. The firm argues that ERP software, private credit, specialist insurance broking and proprietary-data businesses retain durable advantages despite broad AI-driven selling. First Quarter 2026 SAP $254BAMZN $2.7TARES $37B
- Vulcan Value Partners Annual Letter and Fourth Quarter 2025 Vulcan Value Partners reduced technology exposure and added health care, insurance and discounted SMID-cap businesses as it sought wider margins of safety amid expensive AI-led markets. The firm bought Ryan Specialty, TransUnion, Everest and CarMax, while reallocating from holdings nearer estimated fair value and adding to Fiserv after its guidance reset. Annual Letter and Fourth Quarter 2025 CBRE $39BCRM $197BCSGP $13B
- Fenimore Asset Management Quarterly Investment Commentary Fenimore maintained its quality bias as energy and speculative shares led markets, adding to discounted holdings while refusing to chase the rally. The strategies bought Gildan, Arthur J. Gallagher, Ryan Specialty and S&P Global, sold EOG Resources, and argued that AI fears created selective opportunities in software, brokers and information services. Q1 2026 ADI $192BAJG $64BBR $20B
