- Q2 2026 Letter Halvio Capital initiated Humm Group despite its governance discount and sees value in a potential commercial-division sale after board changes. It sold Tetragon and Pacific Health Care Organization, exited Beng Kuang Marine after trimming it, and argues Goldmoney’s real estate assets and metals-storage business are materially undervalued. Q2 2026 XAUMD delistedHUMGF $156M
One letter so far. We collect each new one as Halvio Capital publishes it.
