Investor Letters

Letters through June 30, 2023

1 letter reporting on the period ending June 30, 2023, in each firm's own reckoning.

Palm Harbour Capital Q2 2023 Letter Palm Harbour Capital added Lottomatica and three special situations, sold MTU Aero Engines and iHeartMedia, and retained a portfolio of discounted cash-generative securities. It expects strategic actions at IGT and RHI Magnesita, and a higher offer for Treasure ASA, to help unlock value. second quarter of 2023 LOTMY $5.8B086280 $11B0NFS