Letters by company

Seaport Entertainment Group Inc.

2 letters discussing SEG. Everything written about it on this site is on its ticker page.

McIntyre Partnerships Q2 2025 Investor Letter McIntyre Partnerships attributes its first-half lag to index-excluded holdings and a broad selloff in small-cap special situations, arguing that catalysts should eventually close the gap. Sotera Health’s volume recovery validated the thesis on medical-equipment destocking, while Seaport Entertainment Group sold 250 Water Street and moved closer to sustained profitability. H1 2025 SEG $289MSHC $5.1B
O'Keefe Stevens Advisory Quarterly Investor Letter Q3 2024 O'Keefe Stevens sold Graftech after concluding that weak electrode pricing, damaged customer relationships and an unsustainable capital structure had invalidated its thesis. The portfolio retained Five Point and BGC, initiated Southwest Gas, and passed on Seaport Entertainment because its asset value was offset by cash burn and office-vacancy risks. Q3 2024 EAF $230MBGC $5.3BFPH $665M