Cambiar Investors
Cambiar Opportunity Fund
Opportunistic
Mar 2025 → Jun 2026
Our archive holds 4 letters from this strategy, behind 5 investment theses and positions in 9 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
One of the new buys was Intercontinental Exchange (ICE), which is a former holding and company we know well.
Also held
Its investment theses
- AlphabetJun 2026Alphabet is reaccelerating core search growth, monetizing AI capacity quickly, and generating strong cash flow despite heavy AI investment.
- AmazonJun 2026Amazon is investing ahead of the next AI inflection point, with AWS growth and a longer-term moat supporting high conviction.
- FedEx FreightJun 2026FedEx Freight is the largest pure-play LTL transport company and could improve margins as volumes recover.
- Honeywell AerospaceJun 2026Honeywell Aerospace offers direct exposure to growing end markets such as commercial aerospace and global defense spending.
- Regeneron PharmaceuticalsMar 2025Regeneron is a high-quality biopharmaceutical operator with a strong R&D foundation, a robust financial position, and a favorable risk/reward opportunity despite a temporary revenue slowdown for its EYLEA product.