HF Best Ideas
AnalysesQuarterly Letters✦Warren AI
AnalysesQuarterly Letters✦Warren AI
Spheria Global Opportunities Fund

Spheria Australian Microcap Fund

Micro-cap

Jun 2026 → Jul 2026

Our archive holds 2 letters from this strategy, behind 2 investment theses and positions in 15 companies. Every quote below is copied verbatim from the letter it came from.

2 letters in a year — follow all of Spheria Global Opportunities Fund for every strategy.

Also held

  • Motorcycle Holdings Limited
  • Coast Entertainment Holdings
  • Healius Limited
  • SKS Technologies Group
  • Tyro Payments Limited
  • IPD Group
  • Supply Network Limited
  • Lycopodium Limited
  • Intertek Group plc
  • Monash IVF Group Limited
  • Ipd Group Ltd
  • SKS Technologies Group Limited

Its investment theses

  • Lycopodium LimitedJun 2026Lycopodium Limited is a diversified mining contractor with a large work pipeline, net cash balance sheet, and a valuation that still screens cheap versus peers.
  • Tyro Payments LimitedJun 2026Tyro Payments Limited is a payments technology business with structural growth in healthcare, net cash, and what the manager sees as an attractive valuation.

Every letter

2026

  • July 2026
  • June 2026

Other Spheria Global Opportunities Fund strategies

  • Spheria Global Opportunities Fund4
  • Spheria Australian Smaller Companies Fund3
  • Spheria Opportunities Fund2
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