HF Best Ideas
AnalysesQuarterly LettersInsightsChartsWarren AI
All funds

Latitude

Mar 2025 → Sep 2026 · 2 funds

Our archive holds 4 letters from Latitude, behind 6 investment theses and positions in 8 companies. Every quote below is copied verbatim from the letter it came from.

Writes about

Get an email when this fund publishes its next letter

4
Letters
8
Companies
5
Moves
6
Theses

2 strategies

Latitude publishes a letter per strategy. Each one has its own page with what it holds, what it bought and what it wrote.

Returns as reported in each strategy’s latest letter, extracted automatically and not verified by us; one share class, in its own currency. Not investment advice. Past performance does not predict future returns.

What they bought and sold · 5 moves

  • AddedUnitedHealth Group
    June 2026
    “At the beginning of the quarter, we significantly added to UnitedHealth, approximately doubling the size of the position.”
    Read the letter
  • AddedCencora
    June 2026
    “We added substantially to the position that day at $250 per share.”
    Read the letter
  • ExitedNovo Nordisk
    June 2025
    “An example would be our sale of Novo Nordisk in 2022, a business which we highly admire and would happily invest in in the future but felt our investors capital was better recycled at that valuation into another shelf stock: McKesson.”
    Read the letter
  • New positionMcKesson
    June 2025
    “An example would be our sale of Novo Nordisk in 2022, a business which we highly admire and would happily invest in in the future but felt our investors capital was better recycled at that valuation into another shelf stock: McKesson.”
    Read the letter
  • AddedDollar Tree
    June 2025
    “We added meaningfully to the position during the quarter.”
    Read the letter

Companies held · 8

Every company Latitude has disclosed a position in across our archive, with the letter that last mentioned it.

Theses · 6

  • Adobe
    September 2026

    Adobe is presented as a software company whose pricing-led growth and moat are weakening as AI-enabled competition erodes its competitive position.

    Read the full thesis
  • Nike
    September 2026

    Nike is described as facing increased competitive pressure from easier manufacturing and distribution for smaller brands, which has weakened its franchise.

    Read the full thesis
  • Tesco
    September 2026

    Tesco is highlighted as a defensive, dominant grocer with strong fundamental growth, attractive valuation, and ongoing operating momentum.

    Read the full thesis
  • Diageo
    June 2025

    Diageo is well-positioned for growth despite recent volume declines, potentially reflecting lower inventory rather than diminished demand, making it a compelling investment opportunity.

    Read the full thesis
  • Dollar Tree
    June 2025

    Dollar Tree is poised for significant growth after selling Family Dollar, leading to a stronger balance sheet and capital return to shareholders, making it an attractive investment opportunity at a price of $70.

    Read the full thesis
  • Tesco
    March 2025

    Tesco is poised for double-digit returns due to its market dominance, strong cash flow, and disciplined capital allocation strategies.

    Read the full thesis

Letter archive · 4

2026

2025

Get Latitude’s next letter the day it lands

We track Latitude alongside hundreds of other managers, read every letter, and pull out what they bought and sold. Warren AI reads the whole archive for you.

View plans→
Share this fund