Palm Valley Capital Management
Palm Valley Capital
US Mid-cap
Dec 2024 → Jun 2026
Our archive holds 3 letters from this strategy, behind 6 investment theses and positions in 12 companies. Every quote below is copied verbatim from the letter it came from.
3 letters in 3 years · follow all of Palm Valley Capital Management for every strategy.
Performance
as of Jun 30, 2026 · net of fees · USD · Investor Class
- YTD+2.5%index +23.9%
- 1Y+5.7%index +37.5%
- 3Y · /yr+5.3%index +16.0%
- 5Y · /yr+4.5%index +7.4%
- Inception · /yr+6.6%index +10.7%
Index: S&P SmallCap 600 Index
| YTD | 1Y | 3Yper year | 5Yper year | Since inceptionper year | |
|---|---|---|---|---|---|
| Palm Valley Capital | +2.5% | +5.7% | +5.3% | +4.5% | +6.6% |
| S&P SmallCap 600 Index | +23.9% | +37.5% | +16.0% | +7.4% | +10.7% |
Disclaimer
These figures are copied from the manager’s latest letter, as of Jun 30, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
We sold our position in Heartland Express (ticker: HTLD) during the quarter.
The Fund acquired three new positions during the second quarter: The Clorox Company (ticker: CLX), Molson Coors Beverage Company (ticker: TAP), and Vontier Corp. (ticker: VNT).
The Fund acquired three new positions during the second quarter: The Clorox Company (ticker: CLX), Molson Coors Beverage Company (ticker: TAP), and Vontier Corp. (ticker: VNT).
The Fund acquired three new positions during the second quarter: The Clorox Company (ticker: CLX), Molson Coors Beverage Company (ticker: TAP), and Vontier Corp. (ticker: VNT).
Also held
Its investment theses
- Domino’s Pizza Group plcDec 2025Domino’s Pizza Group is the UK pizza delivery leader with strong cash generation, market share gains, and a record-low valuation offering attractive income and upside despite slower growth.
- Flowers Foods, Inc.Dec 2025Flowers Foods is pivoting toward better-for-you brands while maintaining strong free cash flow and an attractive 10x earnings valuation despite margin pressures.
- Ingredion IncorporatedDec 2025Ingredion is a mature ingredient producer shifting toward specialty and emerging markets with improved hedging and balance sheet, trading at 10x earnings and a 3% yield.
- Kelly Services, Inc.Dec 2025Kelly Services is a staffing firm whose shares have been hit hard but trade at deep value metrics and below tangible book despite solid recent profitability.
- Utz Brands, Inc.Dec 2025Utz Brands is a leading salty snacks producer with market share gains, improving free cash flow, and deleveraging potential at a reasonable valuation.
- Seaboard CorporationDec 2024Seaboard is a diversified global commodity-focused company with operations in hog production, renewable fuels, and more, currently trading at a decade low but positioned for potential recovery.