Letters by company
Wise Group plc
9 letters discussing WSE. Everything written about it on this site is on its ticker page.
- Holland Advisors Interim Investor Letter – June 2026 Holland Advisors rotated out of lower-conviction holdings and added to established network businesses, including Amazon, Meta, Netflix, Nu Holdings, Wise and Block, following price weakness. The fund also initiated Constellation and AppFolio during the software sell-off, while retaining a heavily owner-manager-led, unlevered portfolio. six month period 2026 AMZN $2.9TMETA $1.6TNFLX $265B
- East 72 Quarterly Report #14: Period to 30 June 2026 Dynasty Trust added Wise Group after its post-listing selloff, arguing that its cross-border payments model, customer-balance growth and bank-disintermediation potential are underappreciated. The portfolio retains travel exposures and presents EVT Limited as an asset-rich hotel, cinema, property and ski-resort business whose hotel platform is central to closing its valuation discount. PERIOD TO 30 JUNE 2026 AVOL $8.5BWSE $11B
- LVS Advisory Q4 2025 (February 2026) LVS launched a levered Event-Driven strategy after improved merger-arbitrage conditions and secured family-office backing. The Growth Portfolio retained Netflix despite its Warner Brothers acquisition, liquidated software holdings over AI-related commoditization concerns, and continued to back Wise while monitoring stablecoin disruption. full year 2025 NFLX $265BWSE $11B
- Vision Capital Fund Vision Capital Fund - Q2 2025 Quarterly Letter Vision Capital Fund added to eleven existing holdings, including JD.com, Lululemon, Meituan, MercadoLibre, Meta, Nu, NVIDIA, Shopify, Spotify, TSMC and The Trade Desk, while maintaining zero turnover. The fund argues that food-delivery subsidy competition has created a longer-term opportunity in Meituan and JD.com, and favors compounders that extend successful products into adjacent services and geographies. Q2 2025 3690 $57B9618 $39BAMZN $2.9T
- Unconventional Value Year End 2025 Letter Planet remains the largest holding after a partial sale funded additions to Pagaya, Remitly, Thryv and Hims and Hers, as the manager reassesses valuation while backing its daily-scan data platform. Thryv is framed as a cash-flow mispricing tied to SaaS conversion. Remitly is backed for digital remittance share gains, scale economics and adjacent financial services. Year End 2025 PL $5.2BRELY $4.9BTHRY $43M
- Holland Advisors Year End Investor Letter – December 2025 Holland Advisors argues that durable customer goodwill, founder-led capital allocation and shared scale economies identify businesses capable of sustained compounding. The fund cites Amazon, Wise, Nu Holdings, Wetherspoon’s and Jet2 as customer-first holdings, while viewing TSMC, Amazon and Meta as beneficiaries of AI investment. 2025 AMZN $2.9T
- Vision Capital Fund Vision Capital Fund - 2025 Annual Letter Vision Capital Fund added Sea Limited after its selloff, backing Shopee’s regional e-commerce scale, Monee’s lending data and recovering Garena cash generation. It added to nine existing holdings during the drawdown, avoided memory makers, Oracle and neoclouds over cyclicality, concentration and capital-intensity concerns, and capped direct AI exposure at TSMC and NVIDIA. 2025 SE $45BCRWV $34BMU $918B
- Holland Advisors Interim Investor Letter – June 2025 Nu Holdings is presented as a potential global banking disruptor, using structurally low unit costs to offer better customer pricing while funding expansion through high returns on capital. Holland added to TSMC and Greenbrick during spring weakness, initiated PDD and Rosebank, and argues that Nu’s maturing customer relationships could materially lift earnings. first half of 2025 NU $60B
- Vision Capital Fund Vision Capital Fund - Q1 2025 Quarterly Letter Vision Capital Fund added to The Trade Desk after its earnings miss and platform rollout problems drove steep pessimism, judging CEO Jeff Green capable of repairing the product and sales execution. The portfolio remains concentrated in platform businesses such as Amazon, Shopify, TSMC and JD.com, whose proprietary infrastructure and ecosystem effects are seen as durable advantages despite tariff risks. Q1 2025 0LF5 453950 AMZN $2.9T
