Spheria Global Opportunities Fund

Companies held · 27

Every company Spheria Global Opportunities Fund has disclosed a position in across our archive, with the letter that last mentioned it.

• ALS LimitedJun 2026
• Deterra Royalties LimitedJun 2026
• Dyno Nobel LimitedJun 2026
• Fletcher Building LimitedJun 2026
• Fletcher Building LimitedJun 2026
• HealiusJun 2026
• ImdexJun 2026
• Imdex LimitedJun 2026
• Intertek Group plcJun 2026
• Ipd Group LtdJun 2026
• IRESS LimitedJun 2026
• Karoon Energy LimitedJun 2026
• Lycopodium LimitedJun 2026
• Mader Group LimitedJun 2026
• Monash IVF Group LimitedJun 2026
• Orora LimitedJun 2026
• Perpetual LimitedJun 2026
• Ramsay Health Care LimitedJun 2026
• Reliance Worldwide CorpJun 2026
• Sims LimitedJun 2026
• SKS Technologies Group LimitedJun 2026
• SteadfastJun 2026
• Supply Network LimitedJun 2026
• Tyro Payments LimitedJun 2026
• Universal Store Holdings LimitedJun 2026
• Whitehaven CoalJun 2026
• Worley LimitedJun 2026

Theses · 7

• Universal Store Holdings Limited

  June 2026

  Universal Store is described as a quality retailer with strong sales growth, disciplined cost control, store rollout upside, a net cash balance sheet, and an attractive valuation.

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• Lycopodium Limited

  June 2026

  Lycopodium Limited is a diversified mining contractor with a large work pipeline, net cash balance sheet, and a valuation that still screens cheap versus peers.

  Read the full thesis→
• Tyro Payments Limited

  June 2026

  Tyro Payments Limited is a payments technology business with structural growth in healthcare, net cash, and what the manager sees as an attractive valuation.

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• Ferguson Enterprises

  June 2025

  Ferguson Enterprises is the market leader in U.S. wholesale distribution of plumbing, HVAC, and waterworks products, experiencing a positive turning point with increasing price inflation and strong volume growth, making its stock attractively valued at 17x FY26 EBIT.

  Read the full thesis→
• Hemnet Group

  June 2025

  Hemnet Group is a leading Swedish online real estate portal experiencing a temporary share price decline due to competitive concerns, but remains fundamentally strong with significant market presence and growth potential.

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• Wise

  March 2025

  Wise is a disruptive global technology company revolutionizing money transfers and multi-currency accounts by leveraging advanced infrastructure to reduce costs and improve speed, capturing market share from traditional banks.

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• Zuken

  March 2025

  Zuken is a leading global software player in electronic design automation with strong growth potential, dominant market share in Japan, and a favorable investment outlook despite trading at a low EBIT multiple.

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Letter archive · 7

Funds · 4

• Spheria Global Opportunities Fund3
• Spheria Australian Smaller Companies Fund2
• Spheria Australian Microcap Fund1
• Spheria Opportunities Fund1