Overstone Global Equity Fund
Overstone Emerging Markets Equity Fund
Emerging markets
Sep 2025 → Dec 2025
Our archive holds 1 letter from this strategy, behind 2 investment theses and positions in 13 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year · follow all of Overstone Global Equity Fund for every strategy.
What it bought and sold
A position in Gruma was initiated during the final quarter of the year.
The position in Gruma was partly funded by reducing the fund’s exposure to technology hardware names – Korean semiconductor producers Samsung and SK Square, plus Taiwanese semiconductor testing and packaging provider ASE.
The position in Gruma was partly funded by reducing the fund’s exposure to technology hardware names – Korean semiconductor producers Samsung and SK Square, plus Taiwanese semiconductor testing and packaging provider ASE.
The position in Gruma was partly funded by reducing the fund’s exposure to technology hardware names – Korean semiconductor producers Samsung and SK Square, plus Taiwanese semiconductor testing and packaging provider ASE.
Also held
Its investment theses
- Gruma S.A.B. de C.V.Dec 2025Gruma, S.A.B. de C.V. is a global tortilla and corn flour producer whose compressed valuation and shareholder returns offer upside with downside support.
- Ayala CorporationSep 2025Ayala Corp is an undervalued Philippine conglomerate trading at a 50% discount to its net asset value, supported by its three major holdings in real estate, banking, and telecommunications.