- Client Investment Letter October 2026 Celsius Holdings was added as Penn Davis McFarland judged a temporary sales stall and flavor rationalization had obscured the value of its core brand and Alani Nu. The firm also added Sprouts Farmers Market after its CEO transition prompted a sell-off, while trimming or exiting positions to preserve liquidity amid higher rates and energy-driven inflation. October 2026 CELH $7.6BSFM $4.8B
One letter so far. We collect each new one as Penn Davis McFarland publishes it.
