Latest news with #AlluvialCapitalManagement
Yahoo
13-08-2025
- Business
- Yahoo
Alluvial Capital Management's Updates on CBL & Associates Properties (CBL)
Alluvial Capital Management, an investment advisory firm, released its second-quarter 2025 investor letter. A copy of the same can be downloaded here. The fund rose 8.5% in the quarter, bringing the year-to-date returns to 15.6%. As of June 30, the comparable US benchmarks continued to be in negative territory for the year. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its second-quarter 2025 investor letter, Alluvial Capital Management highlighted stocks such as CBL & Associates Properties, Inc. (NYSE:CBL). CBL & Associates Properties, Inc. (NYSE:CBL) owns and operates a national portfolio of market-dominant properties. The one-month return of CBL & Associates Properties, Inc. (NYSE:CBL) was 12.51%, and its shares gained 14.91% of their value over the last 52 weeks. On August 12, 2025, CBL & Associates Properties, Inc. (NYSE:CBL) stock closed at $29.67 per share, with a market capitalization of $917.788 million. Diamond Hill Small-Mid Cap Fund stated the following regarding CBL & Associates Properties, Inc. (NYSE:CBL) in its second quarter 2025 investor letter: "CBL & Associates Properties, Inc. (NYSE:CBL) continues to reduce leverage and divest its marginal mall properties. In April, CBL Properties announced it had met the conditions to extend its term loan maturity to late 2026, and that it expects to further extend the loan to November 2027. The company continues to have ample unrestricted cash on hand, and to have success in refinancing its premiere properties at lower costs. Earlier this month, the company announced it had refinanced the loan on its Cross Creek Mall property at a 6.9% rate, down from 8.2%. CBL will continue to dedicate its cash flow to a combination of debt reduction, return of capital, and investment in its best assets." A leasing agent walking through a newly renovated property, symbolizing the company's commitment to reinvestment. CBL & Associates Properties, Inc. (NYSE:CBL) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 23 hedge fund portfolios held CBL & Associates Properties, Inc. (NYSE:CBL) at the end of the first quarter, which was 22 in the previous quarter. While we acknowledge the potential of CBL & Associates Properties, Inc. (NYSE:CBL) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered CBL & Associates Properties, Inc. (NYSE:CBL) and shared the list of best performing real estate stocks to buy according to analysts. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-08-2025
- Business
- Yahoo
Alluvial Capital Management's Comment on Seneca Foods Corporation's (SENEA) Strategic Position
Alluvial Capital Management, an investment advisory firm, released its second-quarter 2025 investor letter. A copy of the same can be downloaded here. The fund rose 8.5% in the quarter, bringing the year-to-date returns to 15.6%. As of June 30, the comparable US benchmarks continued to be in negative territory for the year. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its second-quarter 2025 investor letter, Alluvial Capital Management highlighted stocks such as Seneca Foods Corporation (NASDAQ:SENEA). Seneca Foods Corporation (NASDAQ:SENEA) offers packaged fruits and vegetables. The one-month return of Seneca Foods Corporation (NASDAQ:SENEA) was 2.41%, and its shares gained 71.11% of their value over the last 52 weeks. On August 12, 2025, Seneca Foods Corporation (NASDAQ:SENEA) stock closed at $104.82 per share, with a market capitalization of $718.955 million. Alluvial Capital Management stated the following regarding Seneca Foods Corporation (NASDAQ:SENEA) in its second quarter 2025 investor letter: "Rounding out this quarter's winners is Seneca Foods. Seneca Foods Corporation (NASDAQ:SENEA) is emblematic of Alluvial's efforts to buy boring and little-known, yet highly profitable and undervalued companies. When we first began buying Seneca Foods, the company was coming off a bumper vegetable harvest. This meant a lot of corn and green beans to pack, resulting in high inventory and big borrowings on Seneca's working capital line of credit. This scared off a lot of investors, but an occasional big pack year is just how it goes for Seneca. When the beans grow, can them. They know that for every bumper crop, there will be a year with more meager yields. Sure enough, this past year saw a modest harvest, and Seneca reduced its borrowings by $259 million, or a whopping $37 per share. Seneca's balance sheet has normalized, to the benefit of shareholders. Intriguingly, a Seneca competitor, Del Monte, has entered bankruptcy after years of financial struggles. The bankruptcy may present Seneca with the opportunity to pick up some attractive assets at good prices." An industrial factory complex, with conveyor belts producing packaged fruits and vegetables. Seneca Foods Corporation (NASDAQ:SENEA) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 13 hedge fund portfolios held Seneca Foods Corporation (NASDAQ:SENEA) at the end of the first quarter, which was 10 in the previous quarter. While we acknowledge the potential of Seneca Foods Corporation (NASDAQ:SENEA) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In its Q2 2024, investor letter, Alluvial Capital Management shared its confidence that Seneca Foods Corporation (NASDAQ:SENEA) is set to generate strong free cash flow in fiscal 2025. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-08-2025
- Business
- Yahoo
Peakstone Realty Trust (PKST) Shifts Focus to Industrial Outdoor Storage REIT
Alluvial Capital Management, an investment advisory firm, released its second-quarter 2025 investor letter. A copy of the same can be downloaded here. The fund rose 8.5% in the quarter, bringing the year-to-date returns to 15.6%. As of June 30, the comparable US benchmarks continued to be in negative territory for the year. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its second-quarter 2025 investor letter, Alluvial Capital Management highlighted stocks such as Peakstone Realty Trust (NYSE:PKST). Peakstone Realty Trust (NYSE:PKST) is a real estate investment trust that focuses on shifting its portfolio composition towards industrial properties. The one-month return of Peakstone Realty Trust (NYSE:PKST) was -12.52%, and its shares gained 2.56% of their value over the last 52 weeks. On August 12, 2025, Peakstone Realty Trust (NYSE:PKST) stock closed at $12.02 per share, with a market capitalization of $442.22 million. Alluvial Capital Management stated the following regarding Peakstone Realty Trust (NYSE:PKST) in its second quarter 2025 investor letter: "Peakstone Realty Trust (NYSE:PKST) continues its transition into an industrial outdoor storage-focused REIT. PeakStone Realty has now sold all its non-core properties, and is currently marketing another office building that is expected to bring in $100 million. Once sold, PeakStone will have reached its leverage target and can then focus entirely on growing its industrial outdoor storage platform. Valuing only currently leased industrial properties using a 6% cap rate and valuing the remaining offices using a 9% cap rate yields net asset value of $30 per share. This should be discounted for ongoing corporate costs, but the company's robust free cash flow yield supports a fair value much higher than current trading around $14." A close-up of a large industrial property, highlighting the size and scale of the company's real estate investments. Peakstone Realty Trust (NYSE:PKST) is not on our list of 30 Most Popular Stocks Among Hedge Funds. While we acknowledge the potential of Peakstone Realty Trust (NYSE:PKST) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
13-08-2025
- Business
- Yahoo
Here's What Boosted Talen Energy Corporation (TLN) in Q2
Alluvial Capital Management, an investment advisory firm, released its second-quarter 2025 investor letter. A copy of the same can be downloaded here. The fund rose 8.5% in the quarter, bringing the year-to-date returns to 15.6%. As of June 30, the comparable US benchmarks continued to be in negative territory for the year. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its second-quarter 2025 investor letter, Alluvial Capital Management highlighted stocks such as Talen Energy Corporation (NASDAQ:TLN). Talen Energy Corporation (NASDAQ:TLN) is an independent power producer and infrastructure company. The one-month return of Talen Energy Corporation (NASDAQ:TLN) was 43.75%, and its shares gained 193.21% of their value over the last 52 weeks. On August 12, 2025, Talen Energy Corporation (NASDAQ:TLN) stock closed at $380.61 per share, with a market capitalization of $17.388 billion. Alluvial Capital Management stated the following regarding Talen Energy Corporation (NASDAQ:TLN) in its second quarter 2025 investor letter: "Talen Energy Corporation (NASDAQ:TLN) was the biggest contributor to this quarter's returns. In June, the company announced an agreement with Amazon to provide 1,920 megawatts of nuclear power to Amazon datacenters through 2042. The agreement provides a highly valuable long-term earnings stream for Talen. When power delivery reaches scale in 2032, Talen expects the agreement to provide incremental annual free cash flow per share of at least $7. I think this guidance will prove far too conservative based on continued share repurchases. Talen continues to shift its activities away from merchant power production and toward providing clean energy to datacenters on long-term, highly predictable contracts. As a result, investors are starting to value Talen shares less like those of an electricity wildcatter and more like a quasi-regulated utility with a blue-chip end customer. Every business would love to find a way to make more money and take less risk doing it, and that's exactly what Talen is achieving. An electrical engineer inspecting a wiring accessories product. Talen Energy Corporation (NASDAQ:TLN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 80 hedge fund portfolios held Talen Energy Corporation (NASDAQ:TLN) at the end of the first quarter, compared to 77 in the previous quarter. While we acknowledge the potential of Talen Energy Corporation (NASDAQ:TLN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Talen Energy Corporation (NASDAQ:TLN) and shared the list of best multibagger stocks to buy according to hedge funds. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
