HF Best Ideas
AnalysesQuarterly Letters✦Warren AI
AnalysesQuarterly Letters✦Warren AI
Brasada

Brasada Capital

Mar 2025 → Mar 2026

Our archive holds 3 letters from this strategy, behind 4 investment theses and positions in 4 companies. Every quote below is copied verbatim from the letter it came from.

3 letters in 2 years — follow all of Brasada for every strategy.

Its investment theses

  • Grupo Aeroportuario del Centro NorteMar 2026Grupo Aeroportuario del Centro Norte is a Mexican airport operator benefiting from Monterrey-led nearshoring, traffic and commercial growth, resolved regulatory overhang, and an attractive valuation and dividend yield.
  • BroadcomSep 2025Broadcom is positioned to be a leading player in AI and networking, benefiting from its custom AI chips, dominant software solutions, and strong market execution under CEO Hock Tan.
  • FergusonSep 2025Ferguson is the largest specialty distributor in North America for plumbing, HVAC, and waterworks, demonstrating resilience in revenue despite housing market weaknesses and showing potential for growth through strategic acquisitions and strong demand in non-residential sectors.
  • HeicoMar 2025Heico is a leading seller of PMA parts, strategically positioned for growth through acquisitions and potential opportunities with the US Military, while adopting a long-term investment approach.

Every letter

2026

  • March 2026

2025

  • September 2025
  • March 2025

Other Brasada strategies

  • Brasada CM3
  • Brasada Private Accounts1
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