Jupiter
Jupiter AM
Sep 2025 → Sep 2025
Our archive holds 1 letter from this strategy and positions in 25 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year — follow all of Jupiter for every strategy.
What it bought and sold
Babcock recently being another particularly good case in point.
Conviction position sizing has helped deliver idiosyncratic returns from, in particular, Babcock, Johnson Matthey and Burberry.
the Fund’s now largest position, Johnson Matthey (+50bps),
we reduced the Fund’s exposure from c.3.0% to 1.5% whilst we consider where we have got to.
Victrex, a new position in desperate need of a transformation and new narrative