Invesaro
Companies

Companies we track in our theses

Every company appears here for a reason: a specific market mechanism described in a thesis. Below is the full list of names that have passed through our baskets, with the average return measured from each thesis publication date.

CompanyExchangeThesesAvg. return
FN
Fabrinet
NYSE 1 -19.7%
LMT
LOCKHEED MARTIN CORP
NYSE 1 -4.4%
COHR
COHERENT CORP.
NYSE 1 -13.4%
PANW
Palo Alto Networks Inc
NASDAQ 1 -0.2%
RTX
RTX Corp
NYSE 1 -3.7%
GEV
GE Vernova Inc.
NYSE 1 -14.0%
STX
Seagate Technology Holdings plc
NASDAQ 1 -4.5%
TMO
THERMO FISHER SCIENTIFIC INC.
NYSE 1 +7.0%
WDC
WESTERN DIGITAL CORP
NASDAQ 1 -20.5%
SYK
STRYKER CORP
NYSE 1 +5.9%
SPGI
S&P Global Inc.
NYSE 1 +3.2%
MPC
Marathon Petroleum Corp
NYSE 1 +14.0%
VLO
VALERO ENERGY CORP/TX
NYSE 1 +11.5%
PSX
Phillips 66
NYSE 1 +14.7%
MCO
MOODYS CORP /DE/
NYSE 1 +3.6%
NOC
NORTHROP GRUMMAN CORP /DE/
NYSE 1 -0.1%
MDLZ
Mondelez International, Inc.
NASDAQ 1 +7.7%
LITE
Lumentum Holdings Inc.
NASDAQ 1 +3.4%
MT
ArcelorMittal
AMS 1 +7.6%
HEI
HEICO CORP
NYSE 1 -2.0%
LHX
L3HARRIS TECHNOLOGIES, INC. /DE/
NYSE 1 -6.5%
CCJ
CAMECO CORP
NYSE 1 +8.3%
HSY
HERSHEY CO
NYSE 1 +9.3%
EQT
EQT Corp
NYSE 1 +10.0%
NTR
Nutrien Ltd.
NYSE 1 +15.0%
ZS
Zscaler, Inc.
NASDAQ 1 +21.2%
OTIS
Otis Worldwide Corp
NYSE 1 +1.0%
SN
SharkNinja, Inc.
LON 1 -4.9%
OKTA
Okta, Inc.
NASDAQ 1 -9.5%
WST
WEST PHARMACEUTICAL SERVICES INC
NYSE 1 -0.2%
EXE
EXPAND ENERGY Corp
NASDAQ 1 +10.1%
YPF
YPF SOCIEDAD ANONIMA
NYSE 1 -0.4%
ZBH
ZIMMER BIOMET HOLDINGS, INC.
NYSE 1 +10.9%
CF
CF Industries Holdings, Inc.
NYSE 1 +10.0%
ONTO
ONTO INNOVATION INC.
NYSE 1 -3.5%
JBS
JBS N.V.
NYSE 1 -1.4%
AA
Alcoa Corp
NYSE 1 +20.9%
HBM
Hudbay Minerals Inc.
NYSE 1 +36.8%
AR
ANTERO RESOURCES Corp
NYSE 1 +14.2%
SAIL
SailPoint, Inc.
NASDAQ 1 +18.9%
MP
MP Materials Corp. / DE
NYSE 1 +15.0%
AVAV
AeroVironment Inc
NASDAQ 1 +7.3%
RRC
RANGE RESOURCES CORP
NYSE 1 +15.7%
VIST
Vista Energy, S.A.B. de C.V.
NYSE 1 +0.1%
CAMT
CAMTEK LTD
NASDAQ 1 +3.5%
MORN
Morningstar, Inc.
NASDAQ 1 +3.5%
ICL
ICL Group Ltd.
NYSE 1 +19.6%
MOS
MOSAIC CO
NYSE 1 +13.5%
LNTH
Lantheus Holdings, Inc.
NASDAQ 1 -0.5%
STVN
Stevanato Group S.p.A.
NYSE 1 +17.0%
PRM
Perimeter Solutions, Inc.
NYSE 1 +2.7%
USAR
USA Rare Earth, Inc.
NASDAQ 1 +4.2%
CENX
CENTURY ALUMINUM CO
NASDAQ 1 +3.0%
MEOH
METHANEX CORP
NASDAQ 1 +4.9%
PAM
Pampa Energy Inc.
NYSE 1 -7.8%
TGS
GAS TRANSPORTER OF THE SOUTH INC
NYSE 1 -7.8%
TLX
Telix Pharmaceuticals Ltd
ASX 1 -10.1%
LEU
CENTRUS ENERGY CORP
NYSEAMERICAN 1 +4.6%
SBLK
Star Bulk Carriers Corp.
NASDAQ 1 +12.6%
CC
Chemours Co
NYSE 1 +1.4%
MTX
MINERALS TECHNOLOGIES INC
ETR 1 -7.4%
NEO
NEOGENOMICS INC
TSE 1 -16.7%
ENR
ENERGIZER HOLDINGS, INC.
ETR 1 -8.8%
WLFC
WILLIS LEASE FINANCE CORP
NASDAQ 1 -76.0%
GNK
GENCO SHIPPING & TRADING LTD
NYSE 1 +5.7%
HSHP
Himalaya Shipping Ltd.
NYSE 1 +7.2%
SHIP
Seanergy Maritime Holdings Corp.
NASDAQ 1 +8.4%
MOVE
Corvex, Inc.
SWX 1 -5.6%
0522
ASMPT
HKG 1 -14.9%
AFM
Alphamin Resources Corp.
CVE 1 -2.0%
ANTO
Antofagasta plc
LON 1 +7.1%
AAC
Ares Acquisition Corp III
ASX 1 -1.8%
BESI
BE Semiconductor Industries
AMS 1 -12.8%
BARN
Barry Callebaut AG
SWX 1 +1.5%
BITTI
Bittium
HEL 1 -3.8%
BBD.B
Bombardier
TSE 1 +1.2%
CS
Capstone Copper
TSE 1 +22.8%
LISN
Chocoladefabriken Lindt & Sprüngli AG
SWX 1 -2.5%
0189
Dongyue Group
HKG 1 +0.2%
DRO
DroneShield Limited
ASX 1 -14.5%
2383
Elite Material Co., Ltd.
TPE 1 +19.7%
EXENS
Exosens
EPA 1 -3.5%
4901
FUJIFILM Holdings Corporation
TYO 1 -3.4%
6406
Fujitec Co., Ltd.
TYO 1 +4.9%
GXI
Gerresheimer AG
ETR 1 -4.8%
009540
HD Korea Shipbuilding & Offshore Engineering
KRX 1 +2.5%
HAG
HENSOLDT AG
ETR 1 +18.8%
042660
Hanwha Ocean
KRX 1 +1.2%
6324
Harmonic Drive Systems Inc.
TYO 1 -24.4%
9509
Hokkaido Electric Power Company
TYO 1 +8.0%
6213
ITEQ Corporation
TPE 1 +95.1%
KNEBV
KONE Oyj
HEL 1 +7.4%
9508
Kyushu Electric Power Company
TYO 1 +10.2%
373220
LG Energy Solution
KRX 1 +3.2%
688017
Leader Harmonious Drive Systems Co., Ltd.
SHA 1 -18.8%
LONN
Lonza Group AG
SWX 1 +5.3%
LUN
Lundin Mining
TSE 1 +10.4%
LYC
Lynas Rare Earths
ASX 1 -0.3%
2337
Macronix International
TPE 1 +0.8%
MLX
Metals X Limited
ASX 1 +22.9%
BEEF3
Minerva S.A.
BVMF 1 +9.0%
7011
Mitsubishi Heavy Industries
TYO 1 +3.7%
7003
Mitsui E&S
TYO 1 -6.5%
NKT
NKT A/S
CPH 1 +1.7%
6268
Nabtesco Corporation
TYO 1 -12.5%
2408
Nanya Technology
TPE 1 +15.5%
NEX
Nexans S.A.
EPA 1 +5.4%
600989
Ningxia Baofeng Energy Group
SHA 1 +4.9%
3110
Nitto Boseki Co., Ltd.
TYO 1 +9.5%
NHY
Norsk Hydro ASA
OSL 1 +2.7%
PRY
Prysmian S.p.A.
BIT 1 -3.7%
RHM
Rheinmetall AG
ETR 1 +17.3%
ROI
Rosenbauer International
VIE 1 +0.5%
010950
S-Oil Corporation
KRX 1 +10.8%
096770
SK Innovation
KRX 1 +6.9%
SSAB-B
SSAB AB
STO 1 -1.2%
SAF
Safran
EPA 1 -4.6%
SZG
Salzgitter AG
ETR 1 +6.4%
010140
Samsung Heavy Industries
KRX 1 -3.6%
006400
Samsung SDI
KRX 1 +10.9%
1211
Saudi Arabian Mining Company (Ma'aden)
TADAWUL 1 +15.7%
SCHP
Schindler Holding
SWX 1 +3.6%
SFZN
Siegfried Holding AG
SWX 1 +1.9%
SLX
Silex Systems
ASX 1 +0.8%
6762
TDK Corporation
TYO 1 -10.3%
6481
THK Co., Ltd.
TYO 1 -4.0%
6274
Taiwan Union Technology Corporation
TPE 1 +1.7%
9503
The Kansai Electric Power Company
TYO 1 +10.3%
THEON
Theon International
AMS 1 -2.5%
9501
Tokyo Electric Power Company Holdings
TYO 1 +6.3%
2344
Winbond Electronics
TPE 1 +10.7%
YAR
Yara International
OSL 1 -0.8%
YPSN
Ypsomed Holding
SWX 1 +14.0%
000960
Yunnan Tin Co., Ltd.
SHE 1 +13.0%
600160
Zhejiang Juhua
SHA 1 -10.6%
603379
Zhejiang Sanmei Chemical Industry
SHA 1 -5.9%
VOE
voestalpine AG
VIE 1 -0.6%

How to read this list

The average return is the price change measured from the thesis publication date, in the listing currency, excluding dividends. If a company appeared in several theses we average each of those separately, because each had its own entry date.

This is not a recommendation list or a portfolio. A company enters a basket as a beneficiary of the mechanism described, not because we consider it cheap or fashionable.