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AnalysesQuarterly Letters✦Warren AI
AnalysesQuarterly Letters✦Warren AI
Overstone Global Equity Fund

Overstone International Value Fund

International Value

Sep 2025 → Dec 2025

Our archive holds 1 letter from this strategy, behind 3 investment theses and positions in 3 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.

Its investment theses

  • Trigano S.A.Dec 2025Trigano S.A. is Europe’s leading RV manufacturer with scale advantages, strong cash generation, consolidation potential and supportive structural tailwinds at a sub-10x P/E entry point.
  • Merck KGaADec 2025Merck KGaA is a family-controlled life science and semiconductor materials leader with improving end-market trends and a diversified pharma business, acquired at a reasonable ~14x P/E after temporary headwinds.
  • Breedon GroupSep 2025Breedon is a vertically integrated building materials company with a strong position in the UK and Ireland, currently facing weak demand but well-positioned for future growth in both markets.

Every letter

2025

  • December 2025

Other Overstone Global Equity Fund strategies

  • Overstone Emerging Markets Equity Fund1
  • Overstone Global All Cap Value Fund1
  • Overstone Global Equity Fund1
  • Overstone UCITS Global Smaller Companies Fund1
  • Overstone World All Cap Equity Fund1
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