East72
East 72
Dec 2024 → Dec 2024
Our archive holds 1 letter from this strategy, behind 2 investment theses and positions in 32 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year · follow all of East72 for every strategy.
What it bought and sold
Aside from some loss harvesting, we were not especially active over the quarter apart from rearrangement of the ex-Vivendi exposures to eliminate Havas and re-emphasise “Vivendi RemainCo” and Canal+.
We also sold the Louis Hachette Group holding, despite its NAV discount to Lagardère; we believe being in the “parent” is more advantageous given the other major shareholders and likely corporate possibilities in 2025, previously enunciated.
Also held
- Senvest Capital
- Laurent Perrier
- Compagnie de L'Odet
- D'Ieteren Group
- Société Fermière du Casino (Cannes)
- Avolta AG
- Canadian General Investments
- Hong Kong and Shanghai Hotels
- Fairfax India Holdings
- Lagardère SA
- Sportradar AG
- Bourse Direct
- MFF Capital Investments
- Christian Dior SE
- Canal+
- Viel et Cie
- Flow Traders
- E-L Financial Corp
- First Pacific Company
- Virtu Financial
- HAL Trust
- Catapult International
- Fairfax Financial Holdings
- Magellan Financial Group
- TFF Group
- Swiss Life Gestion Privée
- Compagnie Financière Tradition
- Bolloré SE
- Robertet
- Vivendi