Kingdom Capital
Kingdom Capital Advisors KCA Value Composite
Small-cap Value
Jun 2026 → Jun 2026
Our archive holds 1 letter from this strategy, behind 2 investment theses and positions in 16 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year — follow all of Kingdom Capital for every strategy.
What it bought and sold
We began building a position in Scully Royalty (SRL) earlier this year after an activist group took over management.
Core Natural Resources (CNR) also reentered the portfolio after previously being a top holding in 2022 under the Arch Resources banner.
we dipped into Elme Communities (ELME) at the end of Q2, as their ongoing efforts to sell their final multi-family apartment building hit a snag and the stock sold off aggressively.
We made a notable re-entry into Entravision (EVC) during Q2 after spending the past year on the sidelines.
we expect it to take place at a nice premium to where we recently began adding shares again.
we were able to establish our position under $6/share in April, before increasing the stake as we gained confidence in the aligned incentives.
Also held
Its investment theses
- Beasley Broadcast GroupJun 2026Beasley Broadcast Group is presented as a deeply undervalued asset play where a new capital structure aligns the family with shareholders and could unlock significant value from real estate and radio assets.
- Entravision CommunicationsJun 2026Entravision Communications is viewed as undervalued because its Smadex ad-tech platform is growing rapidly, earns strong operating income, and may be worth far more than the market implies.