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Nuance Investments

Jun 2026 → Sep 2026 · 2 funds

Our archive holds 4 letters from Nuance Investments, behind 6 investment theses and positions in 31 companies. Every quote below is copied verbatim from the letter it came from.

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4
Letters
31
Companies
19
Moves
6
Theses

2 strategies

Nuance Investments publishes a letter per strategy. Each one has its own page — what it holds, what it bought, 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 · 19 moves

  • TrimmedThermo Fisher Scientific Inc.
    September 2026
    “We exited our position above $600 on average.”
    Read the letter
  • New positionAmerican International Group, Inc.
    September 2026
    “After a period of underperformance, we have initiated a new position in the stock as the risk reward is significantly better than the market risk reward.”
    Read the letter
  • ExitedCNH Industrial NV
    September 2026
    “We exited our position and will look for a more favorable risk reward opportunity in the future.”
    Read the letter
  • ExitedWaters Corporation
    September 2026
    “We exited our position in WAT as the stock exceeded our view of fair value following a period of outperformance.”
    Read the letter
  • AddedBio-Techne Corporation
    September 2026
    “After a full review of this transaction and an analysis of its risk reward versus the market set of opportunities, we have entered into a position.”
    Read the letter
  • ExitedMiddlesex Water Company
    September 2026
    “This quarter we exited the position at near $60 following a share move that resulted in the stock being within the range of our fair value.”
    Read the letter
  • New positionDanaher Corporation
    September 2026
    “After a period of underperformance, we have initiated a new position in the stock as the risk reward is significantly better than the market risk reward.”
    Read the letter
  • ExitedTaylor Morrison Home Corporation
    September 2026
    “Berkshire Hathaway Inc. (BRK) completed the $72.50 per share acquisition of TMHC during the third quarter and we deployed the cash proceeds from the acquisition into other opportunities.”
    Read the letter
  • ExitedPennon Group Plc
    September 2026
    “We have exited our position in the company as we believe that more compelling risk reward opportunities exist in other United Kingdom-based water utilities such as Severn Trent Plc (STRNY) and United Utilities Group PLC (UUGRY), which we have added to during the quarter.”
    Read the letter
  • ExitedGlobe Life Inc.
    June 2026
    “We have exited our position in GL after a successful holding period as the company’s share price exceeded our estimate of fair value.”
    Read the letter
  • ExitedMasimo Corporation
    June 2026
    “Danaher Corporation (DHR) completed the $180.00 per share acquisition of MASI during the second quarter and we deployed the cash proceeds from the acquisition into other opportunities.”
    Read the letter
  • AddedQiagen NV
    June 2026
    “We have added to our investment in QGEN as the stock has underperformed this year and we believe it now represents one of the best risk rewards in our portfolio.”
    Read the letter
  • ExitedIDEX Corporation
    June 2026
    “We exited our position during the quarter as the stock surpassed our internal estimate of fair value.”
    Read the letter
  • ExitedEstee Lauder Companies Inc.
    June 2026
    “We exited the position in favor of better risk reward opportunities.”
    Read the letter
  • ExitedCalavo Growers, Inc.
    June 2026
    “We exited the position due to the company being acquired by Mission Produce, Inc. (AVO).”
    Read the letter
  • ExitedH2O America
    June 2026
    “Following a favorable Fair Market Value (FMV) determination and successful capital raise for the company’s acquisition of Quadvest, shares outperformed and we exited our position in favor of more attractive risk rewards elsewhere.”
    Read the letter
  • New positionAccenture Plc
    June 2026
    “Stocks We Added to Your Portfolio (Second Quarter 2026): Accenture Plc (ACN):”
    Read the letter
  • ExitedDaikin Industries, Ltd.
    June 2026
    “Following outperformance in the stock, we exited our position in favor of better risk reward opportunities elsewhere.”
    Read the letter
  • New positionSevern Trent Plc
    June 2026
    “Following a decline in the share price, we initiated a position at what we believe is an attractive risk reward.”
    Read the letter

Companies held · 31

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

Theses · 6

Letter archive · 4

2026

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