Buffalo funds
Buffalo Mid Cap Discovery Fund
Mid-cap Growth
Mar 2026 → Mar 2026
Our archive holds 1 letter from this strategy, behind 2 investment theses and positions in 6 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year — follow all of Buffalo funds for every strategy.
What it bought and sold
We realized partial gains in the position, believing the supply shock in the energy market is transitory.
We exited the position, drawing a clear line between businesses where AI genuinely threatens the revenue model and those we see as unfairly punished by indiscriminate selling.
Also held
Its investment theses
- Vertiv Holdings Co.Mar 2026Vertiv Holdings provides critical data center infrastructure and is positioned to benefit from accelerating AI-driven capex and structural undersupply in power and cooling.
- Veeva SystemsMar 2026Veeva Systems sells validated cloud software for life sciences and benefits from mission-critical workflows, switching costs, and potential AI-driven market expansion.