Letters by company
Teck Resources LTD
4 letters discussing TECK. Everything written about it on this site is on its ticker page.
- PM Capital Quarterly Report | June 2026 PM Capital argues that sticky inflation, AI-led investment and government policy are widening valuation disparities, favouring businesses it considers materially undervalued. The Global and Australian portfolios trimmed copper exposure, added Charles Schwab, Visa and CSL, and retained differentiated positions in European banks, Irish homebuilders and consumer businesses. The Enhanced Yield Fund trimmed fixed-rate exposure and added bank, infrastructure and corporate-bond holdings amid market volatility. June 2026 Quarterly CFIGF $5.6BCSCCY $8.3BCSLLY $66B
- PM Capital Quarterly Report | September 2026 PM Capital backed Walt Disney’s intellectual-property library while seeing a valuation disconnect after disruption in streaming and leadership. The funds exited Bodycote following Veritas’s bid, added HCA Healthcare and GrainCorp, and cut copper exposure after strong prices left less valuation support. September 2026 Quarterly BYPLF $2.1BCSLLY $66BDIS $207B
- Barometer Capital Management 3report Barometer's Pools cut AI-infrastructure exposure, exiting Caterpillar, GE Vernova, Howmet and Lam Research as momentum reversed, while adding Canadian integrated oil producers and rotating toward enterprise software and drug developers benefiting from AI adoption. The Global Macro Pool paired commodity exposure with shorts in long-duration bonds and moved net short North American equities as yields rose. third quarter 2026 AAPL $5.2TCAT $275BCNQ $99B
- Davis Opportunity Fund Davis Opportunity Fund Annual Review 2026 Davis Opportunity Fund argues that concentrated, expensive passive indexes warrant a selective active approach, with reduced exposure to richly valued megacap technology. The portfolio added managed-care insurers after cost-driven weakness, trimmed selected Magnificent 7 holdings, and emphasizes Capital One, Wesco International, Coterra and Teck Resources as undervalued or structurally advantaged holdings. 2025 AMAT $314BCOF $119BUNH $361B
