Letters by company
Seneca Foods Corp
4 letters discussing SENEA. Everything written about it on this site is on its ticker page.
- Alluvial Capital Management Q2 2025 Letter to Limited Partners Alluvial added NewPrinces and SigmaRoc, backing their acquisition-led consolidation strategies and durable regional industrial economics. The fund added Talen after its data-center power agreements, trimmed Zegona after its advance, sold Titan, and increased special-situations exposure through ContextLogic and liquidation scenarios. Second Quarter 2025 LOGC $691MMCB $394MNLOP $139M
- Alluvial Capital Management Second Quarter 2024 Letter to Limited Partners Alluvial Fund retained Net Lease Office Properties as its largest position, arguing that asset sales and debt reduction should narrow its steep valuation discount. The fund added conviction to McBride’s turnaround and Talen Energy’s asset-sale strategy, while exiting Harbor Diversified after its arbitration claim failed and financial statements required restatement. Second Quarter 2024 HRBR $140MMCB $394MNLOP $139M
- Alluvial Capital Management Q4 2023 Letter to Limited Partners Alluvial Fund built a large position in Net Lease Office Properties, betting that asset sales and debt reduction will close the gap to liquidation value. The portfolio added MRC Global on expectations that pressure from Cornell Capital and activist Engine Capital will force a sale. It retained bank holdings, LICT and Seneca Foods, citing cheap valuations, buybacks and acquisition-driven earnings growth. Fourth Quarter 2023 NLOP $139MBFCC $349MFTLF $78M
- Alluvial Capital Management Letter to Limited Partners Third Quarter 2023 Alluvial Fund added Monarch Cement, Talen Energy, Hammond Manufacturing and Seneca Foods, arguing that durable operations, improving industry structures and modest valuations offer attractive entry points. It exited Navigo Invest preferreds and Wheeler REIT notes, while assessing FitLife’s MusclePharm acquisition, P10’s expanding fee-paying assets and Logistec’s below-expectation sale. Third Quarter 2023 FTLF $78MHMFAF $205MMCEM $998M
