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Platinum Asset Management

Dec 2024 → Jul 2026 · Publishes quarterly · 3 funds

Our archive holds 5 letters from Platinum Asset Management, behind 24 investment theses and positions in 6 companies. Every quote below is copied verbatim from the letter it came from.

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Platinum Asset Management’s own letters page
5
Letters
6
Companies
3
Moves
24
Theses

2 strategies

Platinum Asset Management publishes a letter per strategy. Each one has its own page — what it holds, what it bought, what it wrote.

Also filed under Platinum.

What they bought and sold · 3 moves

  • TrimmedTSMC
    July 2026
    As we’ve discussed over many months, our core semiconductor holdings – SK hynix, TSMC and Samsung - have been major contributors to Fund returns.
    Read the letter
  • July 2026
    As we’ve discussed over many months, our core semiconductor holdings – SK hynix, TSMC and Samsung - have been major contributors to Fund returns.
    Read the letter
  • TrimmedSK hynix
    July 2026
    As we’ve discussed over many months, our core semiconductor holdings – SK hynix, TSMC and Samsung - have been major contributors to Fund returns.
    Read the letter

Companies held · 6

Every company Platinum Asset Management has disclosed a position in across our archive, with the letter that last mentioned it.

Theses · 24

  • June 2026

    Amazon.com is seen as an underappreciated long-term compounder with improving ecommerce execution and a structurally attractive AWS and AI investment opportunity.

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  • June 2026

    Nvidia is believed to be well below fair value and positioned to benefit from stronger-for-longer AI capex despite some share loss risk.

    Read the full thesis
  • SUSS MicroTec SE
    June 2026

    SUSS MicroTec is a high-quality semiconductor equipment niche leader positioned to benefit from AI-driven advanced packaging demand.

    Read the full thesis
  • SoftBank Group Corp.
    June 2026

    SoftBank Group trades at a discount to its underlying assets and is building a physical-AI earnings pillar through robotics and AI investments.

    Read the full thesis
  • Birkenstock is a heritage footwear brand with strong margins, high returns on capital, capable management and brand-led growth.

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  • Caterpillar is benefiting from heating demand across engines, turbines and datacentres, plus a broader mining, energy and construction recovery.

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  • June 2025

    Diploma is a UK-based distributor of specialized industrial products with strong growth potential, high margins, and a disciplined acquisition strategy.

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  • IDEXX is a leading global provider of veterinary diagnostics and software, enabling veterinarians to deliver rapid, in-clinic testing while generating continuous revenue through high-margin consumables.

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  • June 2025

    Wingstop is a fast-casual restaurant chain focused on flavorful chicken wings with a simple menu, offering strong store productivity and growth potential.

    Read the full thesis
  • March 2025

    DMG Mori is poised for growth as EU manufacturing capital expenditure recovers, benefiting from its strong foothold in high-end machine tools essential for industries like aerospace and defense.

    Read the full thesis
  • HD Hyundai Marine Solution is an undervalued leader in ship after-market servicing and a monopoly parts provider for Hyundai engines, presenting an attractive investment opportunity.

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  • March 2025

    Nestlé is strategically positioned to benefit from temporary market weaknesses and has potential for growth despite concerns over GLP-1 products and rising commodity prices.

    Read the full thesis

Letter archive · 5

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