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Ave Maria Funds

Mar 2025 → Sep 2026 · 3 funds

Our archive holds 3 letters from Ave Maria Funds, behind 9 investment theses and positions in 54 companies. Every quote below is copied verbatim from the letter it came from.

Writes about

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Ave Maria Funds’s own letters page
3
Letters
54
Companies
40
Moves
9
Theses

2 strategies

Ave Maria Funds publishes a letter per strategy. Each one has its own page — what it holds, what it bought, what it wrote.

Also filed under Ave Maria Funds.

What they bought and sold · 40 moves

  • ExitedNVIDIA Corporation
    September 2026
    “The Fund exited its positions in NVIDIA and Taiwan Semiconductor to concentrate its semiconductor exposure in Intel Corporation.”
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  • TrimmedO'Reilly Automotive, Inc.
    September 2026
    “During the quarter, the Fund exited its investment in Rambus and reduced existing positions in Entegris, Inc., BE Semiconductor Industries N.V., Lowe’s Companies, Inc., Mastercard, Inc., O’Reilly Automotive, Inc., S&P Global, Inc., Texas Instruments, Inc., Shift4 Payments, Inc. and APi Group Corporation.”
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  • TrimmedShift4 Payments, Inc.
    September 2026
    “During the quarter, the Fund exited its investment in Rambus and reduced existing positions in Entegris, Inc., BE Semiconductor Industries N.V., Lowe’s Companies, Inc., Mastercard, Inc., O’Reilly Automotive, Inc., S&P Global, Inc., Texas Instruments, Inc., Shift4 Payments, Inc. and APi Group Corporation.”
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  • TrimmedBE Semiconductor Industries N.V.
    September 2026
    “During the quarter, the Fund exited its investment in Rambus and reduced existing positions in Entegris, Inc., BE Semiconductor Industries N.V., Lowe’s Companies, Inc., Mastercard, Inc., O’Reilly Automotive, Inc., S&P Global, Inc., Texas Instruments, Inc., Shift4 Payments, Inc. and APi Group Corporation.”
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  • TrimmedAPi Group Corporation
    September 2026
    “During the quarter, the Fund exited its investment in Rambus and reduced existing positions in Entegris, Inc., BE Semiconductor Industries N.V., Lowe’s Companies, Inc., Mastercard, Inc., O’Reilly Automotive, Inc., S&P Global, Inc., Texas Instruments, Inc., Shift4 Payments, Inc. and APi Group Corporation.”
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  • TrimmedTexas Instruments Incorporated
    September 2026
    “During the quarter, the Fund exited its investment in Rambus and reduced existing positions in Entegris, Inc., BE Semiconductor Industries N.V., Lowe’s Companies, Inc., Mastercard, Inc., O’Reilly Automotive, Inc., S&P Global, Inc., Texas Instruments, Inc., Shift4 Payments, Inc. and APi Group Corporation.”
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  • AddedGFL Environmental, Inc.
    September 2026
    “Proceeds from these transactions were used to add to positions in Texas Pacific Land Corporation, Intel Corporation, Mobility Global, Inc., GFL Environmental, Inc., Silicon Motion Technology Corporation and XPEL, Inc.”
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  • TrimmedMastercard Incorporated
    September 2026
    “During the quarter, the Fund exited its investment in Rambus and reduced existing positions in Entegris, Inc., BE Semiconductor Industries N.V., Lowe’s Companies, Inc., Mastercard, Inc., O’Reilly Automotive, Inc., S&P Global, Inc., Texas Instruments, Inc., Shift4 Payments, Inc. and APi Group Corporation.”
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  • New positionQXO, Inc.
    September 2026
    “Mobility Global, Inc. was received as a spinoff from our investment in S&P Global, Inc. while new positions were initiated in Landbridge Company, LLC and QXO, Inc.”
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  • ExitedTaiwan Semiconductor Manufacturing Company Limited
    September 2026
    “The Fund exited its positions in NVIDIA and Taiwan Semiconductor to concentrate its semiconductor exposure in Intel Corporation.”
    Read the letter
  • AddedIntel Corporation
    September 2026
    “Proceeds from these transactions were used to add to positions in Texas Pacific Land Corporation, Intel Corporation, Mobility Global, Inc., GFL Environmental, Inc., Silicon Motion Technology Corporation and XPEL, Inc.”
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  • TrimmedEntegris, Inc.
    September 2026
    “During the quarter, the Fund exited its investment in Rambus and reduced existing positions in Entegris, Inc., BE Semiconductor Industries N.V., Lowe’s Companies, Inc., Mastercard, Inc., O’Reilly Automotive, Inc., S&P Global, Inc., Texas Instruments, Inc., Shift4 Payments, Inc. and APi Group Corporation.”
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  • TrimmedTexas Pacific Land Corporation
    September 2026
    “During the quarter, the Fund exited its investment in Rambus and reduced existing positions in Entegris, Inc., BE Semiconductor Industries N.V., Lowe’s Companies, Inc., Mastercard, Inc., O’Reilly Automotive, Inc., S&P Global, Inc., Texas Instruments, Inc., Shift4 Payments, Inc. and APi Group Corporation.”
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  • New positionMobility Global, Inc.
    September 2026
    “Mobility Global, Inc. was received as a spinoff from our investment in S&P Global, Inc. while new positions were initiated in Landbridge Company, LLC and QXO, Inc.”
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  • New positionLandbridge Company, LLC
    September 2026
    “Mobility Global, Inc. was received as a spinoff from our investment in S&P Global, Inc. while new positions were initiated in Landbridge Company, LLC and QXO, Inc.”
    Read the letter
  • TrimmedS&P Global, Inc.
    September 2026
    “During the quarter, the Fund exited its investment in Rambus and reduced existing positions in Entegris, Inc., BE Semiconductor Industries N.V., Lowe’s Companies, Inc., Mastercard, Inc., O’Reilly Automotive, Inc., S&P Global, Inc., Texas Instruments, Inc., Shift4 Payments, Inc. and APi Group Corporation.”
    Read the letter
  • ExitedRambus Inc.
    September 2026
    “During the quarter, the Fund exited its investment in Rambus and reduced existing positions in Entegris, Inc., BE Semiconductor Industries N.V., Lowe’s Companies, Inc., Mastercard, Inc., O’Reilly Automotive, Inc., S&P Global, Inc., Texas Instruments, Inc., Shift4 Payments, Inc. and APi Group Corporation.”
    Read the letter
  • TrimmedLowe’s Companies, Inc.
    September 2026
    “During the quarter, the Fund exited its investment in Rambus and reduced existing positions in Entegris, Inc., BE Semiconductor Industries N.V., Lowe’s Companies, Inc., Mastercard, Inc., O’Reilly Automotive, Inc., S&P Global, Inc., Texas Instruments, Inc., Shift4 Payments, Inc. and APi Group Corporation.”
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  • New positionEagleRock Land, LLC
    June 2026
    “The Fund added EagleRock Land, LLC during the quarter.”
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  • TrimmedUnited States Lime & Minerals, Inc.
    June 2026
    “United States Lime & Minerals, Inc. -15.19%”
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  • New positionMSCI, Inc.
    June 2026
    “Proceeds were used to initiate positions in GFL Environmental, Inc., MSCI, Inc., RB Global, Inc. and SharkNinja, Inc.”
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  • TrimmedApollo Global Management, Inc.
    June 2026
    “Apollo Global Management, Inc. -17.57%”
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  • ExitedZoetis, Inc.
    June 2026
    “In the second quarter, the fund exited investments in Accenture, Alcon, Copart, TIC Solutions, and Zoetis.”
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  • New positionSharkNinja, Inc.
    June 2026
    “Proceeds were used to initiate positions in GFL Environmental, Inc., MSCI, Inc., RB Global, Inc. and SharkNinja, Inc.”
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  • ExitedTIC Solutions, Inc.
    June 2026
    “In the second quarter, the fund exited investments in Accenture, Alcon, Copart, TIC Solutions, and Zoetis.”
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  • New positionIntel Corporation
    June 2026
    “The Fund also initiated positions in Intel Corporation, Nvidia Corporation, and Taiwan Semiconductor Manufacturing Company Ltd. during the quarter to increase the Fund’s exposure to the A.I. buildout.”
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  • New positionRB Global, Inc.
    June 2026
    “Proceeds were used to initiate positions in GFL Environmental, Inc., MSCI, Inc., RB Global, Inc. and SharkNinja, Inc.”
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  • TrimmedBrookfield Asset Management
    June 2026

    Listed in Ave Maria Funds’s reported holdings.

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  • New positionTaiwan Semiconductor Manufacturing Company Ltd.
    June 2026
    “The Fund also initiated positions in Intel Corporation, Nvidia Corporation, and Taiwan Semiconductor Manufacturing Company Ltd. during the quarter to increase the Fund’s exposure to the A.I. buildout.”
    Read the letter
  • New positionNvidia Corporation
    June 2026
    “The Fund also initiated positions in Intel Corporation, Nvidia Corporation, and Taiwan Semiconductor Manufacturing Company Ltd. during the quarter to increase the Fund’s exposure to the A.I. buildout.”
    Read the letter

Showing the 30 most recent of 40 recorded moves.

Companies held · 54

Every company Ave Maria Funds has disclosed a position in across our archive, with the letter that last mentioned it.

Theses · 9

  • GFL Environmental, Inc.
    September 2026

    GFL Environmental is a waste management company whose acquisition of Secure Waste should improve key metrics and whose potential take-private could unlock value above quarter-end levels.

    Read the full thesis
  • Tasmea Ltd.
    September 2026

    Tasmea is a founder-led Australian specialized maintenance services provider that should benefit from rising skilled-labor demand and Australia's AI data-center buildout.

    Read the full thesis
  • QXO, Inc.
    September 2026

    QXO is a building products distributor founded by serial entrepreneur Brad Jacobs with a plan to consolidate the industry and benefit from a housing turnover recovery.

    Read the full thesis
  • SharkNinja, Inc.
    September 2026

    SharkNinja is a global product design and technology company with two billion-dollar brands and a proven track record of disrupting household product categories.

    Read the full thesis
  • Nintendo Company, Ltd.
    September 2026

    Nintendo is a global video game and console company improving its core business through stickier users, third-party content, subscriptions, digital distribution margins, and IP monetization.

    Read the full thesis
  • GFL Environmental, Inc.
    June 2026

    GFL Environmental, Inc. is cited for validating the valuation thesis on Secure Waste and as an operator with durable earnings and an economic moat focus.

    Read the full thesis
  • Secure Waste Infrastructure Corporation
    June 2026

    Secure Waste Infrastructure Corporation is presented as a produced water disposal company that should be valued like a municipal waste business.

    Read the full thesis
  • Nintendo Co., Ltd.
    June 2026

    Nintendo Co., Ltd. is a global entertainment company improving its video game business, margins, and IP monetization.

    Read the full thesis
  • Rambus
    March 2025

    Rambus is a semiconductor company leveraging its extensive patent portfolio to earn high profit margins and rapidly gaining market share by selling innovative chips that improve memory performance.

    Read the full thesis

Letter archive · 3

2026

2025

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