Night Watch
Night Watch Investment Management Global Value Strategy
Global Large-cap Value
Jun 2026 → Jun 2026
Our archive holds 1 letter from this strategy, behind 1 investment thesis and positions in 11 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year — follow all of Night Watch for every strategy.
What it bought and sold
We added quality names including Stryker (SYK), Adyen (ADYEN NA) and Booking.com (BKNG).
We added quality names including Stryker (SYK), Adyen (ADYEN NA) and Booking.com (BKNG).
We added quality names including Stryker (SYK), Adyen (ADYEN NA) and Booking.com (BKNG).
But we are not blind to the cyclical nature of those businesses, and we have been early in taking some chips off the table.
We have been adding aggressively to FUTU, while we are waiting for improving data points before risking more capital on SNWV.