Cambiar Investors

Cambiar International Equity

International Large-cap

Mar 2025Mar 2026

Our archive holds 4 letters from this strategy, behind 1 investment thesis and positions in 10 companies. Every quote below is copied verbatim from the letter it came from.

4 letters in 2 years follow all of Cambiar Investors for every strategy.

What it bought and sold

  • ExitedRecruit HoldingsMar 2026
    We subsequently decided to sell Recruit and maintain positions in Publicis and SAP.
  • New positionEnergias de PortugalMar 2026
    we increased our allocation to Utilities with the purchase of Energias de Portugal (EDP).

Also held

Its investment theses

Every letter