Aristotle
Aristotle Global Equity
Global Large-cap
Dec 2024 → Jun 2026
Our archive holds 6 letters from this strategy, behind 6 investment theses and positions in 11 companies. Every quote below is copied verbatim from the letter it came from.
6 letters in 3 years — follow all of Aristotle for every strategy.
What it bought and sold
During the quarter, we sold our positions in Danaher, Dolby Laboratories, and Tokyo Century and purchased Techtronic Industries and Wal-Mart de Mexico.
- ExitedTokyo CenturyJun 2026
During the quarter, we sold our positions in Danaher, Dolby Laboratories, and Tokyo Century and purchased Techtronic Industries and Wal-Mart de Mexico.
During the quarter, we sold our positions in Danaher, Dolby Laboratories, and Tokyo Century and purchased Techtronic Industries and Wal-Mart de Mexico.
During the quarter, we sold our positions in Danaher, Dolby Laboratories, and Tokyo Century and purchased Techtronic Industries and Wal-Mart de Mexico.
- New positionWal-Mart de MexicoJun 2026
During the quarter, we sold our positions in Danaher, Dolby Laboratories, and Tokyo Century and purchased Techtronic Industries and Wal-Mart de Mexico.
Also held
Its investment theses
- Samsung ElectronicsJun 2026Samsung Electronics is benefiting from AI-driven memory demand and a richer product mix that should support higher normalized earnings and free cash flow.
- Lowe's Companies, Inc.Dec 2025Lowe's Companies, Inc. is a scaled home improvement retailer improving operations and targeting pro customer growth, with attractive valuation and clear catalysts to expand margins and share.
- Itochu CorporationDec 2025Itochu Corporation is a diversified sogo shosha with stable non-resource earnings, strong subsidiaries, disciplined capital allocation, attractive valuation and clear catalysts for value realization.
- AlphabetMar 2025Alphabet trades under 12x normalized earnings while scaling Cloud and YouTube—offering dominant moats, huge cash flow, and free AI upside.
- Daikin IndustriesMar 2025Daikin is a global HVAC leader poised to benefit from surging air conditioning adoption and heat pump upgrades—offering innovation, scale, and undervaluation with strong multi-year catalysts.
- DSM-FirmenichDec 2024DSM-Firmenich is well-positioned for future growth despite recent challenges, leveraging its merger synergies, divestitures, and strong customer relationships to enhance profitability and market share.