Latitude
Latitude Global Fund
Global
Mar 2025 → Sep 2026
Our archive holds 3 letters from this strategy, behind 4 investment theses and positions in 10 companies. Every quote below is copied verbatim from the letter it came from.
3 letters in 2 years · follow all of Latitude for every strategy.
Performance
as of Jun 30, 2026
- YTD+3.5%
| YTD | |
|---|---|
| Latitude Global Fund | +3.5% |
Disclaimer
These figures are copied from the manager’s latest letter, as of Jun 30, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
At the beginning of the quarter, we significantly added to UnitedHealth, approximately doubling the size of the position.
We added substantially to the position that day at $250 per share.
Also held
Its investment theses
- AdobeSep 2026Adobe is presented as a software company whose pricing-led growth and moat are weakening as AI-enabled competition erodes its competitive position.
- NikeSep 2026Nike is described as facing increased competitive pressure from easier manufacturing and distribution for smaller brands, which has weakened its franchise.
- TescoSep 2026Tesco is highlighted as a defensive, dominant grocer with strong fundamental growth, attractive valuation, and ongoing operating momentum.
- TescoMar 2025Tesco is poised for double-digit returns due to its market dominance, strong cash flow, and disciplined capital allocation strategies.