Letters by company

Tesco PLC

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

Latitude Investment Management Latitude Annual Report 2025 Latitude Investment Management argues that disciplined trading in Dollar Tree improved the portfolio while preserving exposure to its core discount-retail thesis. It replaced Heineken with Royalty Pharma, Interactive Brokers with Intercontinental Exchange and BP with Assa Abloy, seeking stronger growth with less cyclicality. The portfolio also emphasizes defensive healthcare, infrastructure and selected AI exposure through Alphabet. 2025 DLTR $21BAIQUY $119BASAZY $37B
Latitude Investment Management Latitude Global Fund Q126 Commentary Kroger was added and Unilever sold, with Latitude arguing that the grocer offers inflation protection, defensive earnings growth and scope for margin expansion through advertising, private label and fuel retailing. The portfolio favours defensives over richly valued AI, commodity and defence cyclicals as geopolitical fragmentation increases uncertainty. Q126 KR $35B