Munro
Munro Global growth Small Mid Cap Fund
Global Mid-cap Growth
Jun 2025 → Dec 2025
Our archive holds 4 letters from this strategy, behind 5 investment theses and positions in 4 companies. Every quote below is copied verbatim from the letter it came from.
4 letters in a year — follow all of Munro for every strategy.
Its investment theses
- TKO Group Holdings, Inc.Dec 2025TKO Group Holdings, Inc. is a vertically integrated sports entertainment leader combining UFC and WWE with year-round content, rising media rights, industry-leading margins, solid FCF growth, and an attractive valuation.
- Ciena CorporationDec 2025Ciena Corporation is an optical networking leader benefiting from AI-driven scale-across data center demand, strong product leadership with WaveLogic 6, accelerating revenue growth, and large hyperscaler orders.
- TKO Group HoldingsSep 2025TKO Group Holdings is a vertically integrated sports entertainment leader uniting UFC and WWE, driving high-margin growth through always-on content and expanding media rights deals.
- Comfort SystemsJun 2025Comfort Systems is a leading provider of MEP building systems in the US, poised for continued growth driven by strong construction demand and a skilled labor shortage, while maintaining a focus on profitability, employee retention, and successful acquisitions.
- Curtiss-Wright CorporationJun 2025Curtiss-Wright is a diversified industrial company that specializes in advanced engineering solutions for the aerospace, defense, and commercial nuclear markets, with a recent "Pivot to Growth" strategy leading to accelerated earnings growth.