Ave Maria Funds
Ave Maria Funds Multi-Fund
Sep 2026 → Sep 2026
Our archive holds 1 letter from this strategy, behind 5 investment theses and positions in 27 companies. Every quote below is copied verbatim from the letter it came from.
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What it bought and sold
The Fund exited its positions in NVIDIA and Taiwan Semiconductor to concentrate its semiconductor exposure in Intel Corporation.
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.
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.
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.
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.
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.
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.
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.
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.
The Fund exited its positions in NVIDIA and Taiwan Semiconductor to concentrate its semiconductor exposure in Intel Corporation.
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.
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.
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.
- New positionMobility Global, Inc.Sep 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.
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.
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.
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.
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.
Also held
Its investment theses
- GFL Environmental, Inc.Sep 2026GFL 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.
- Tasmea Ltd.Sep 2026Tasmea is a founder-led Australian specialized maintenance services provider that should benefit from rising skilled-labor demand and Australia's AI data-center buildout.
- QXO, Inc.Sep 2026QXO 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.
- SharkNinja, Inc.Sep 2026SharkNinja is a global product design and technology company with two billion-dollar brands and a proven track record of disrupting household product categories.
- Nintendo Company, Ltd.Sep 2026Nintendo 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.