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 -27.1%
LMT
LOCKHEED MARTIN CORP
NYSE 1 -9.0%
COHR
COHERENT CORP.
NYSE 1 -12.0%
PANW
Palo Alto Networks Inc
NASDAQ 1 +5.7%
RTX
RTX Corp
NYSE 1 -9.5%
GEV
GE Vernova Inc.
NYSE 1 -16.1%
STX
Seagate Technology Holdings plc
NASDAQ 1 -11.4%
TMO
THERMO FISHER SCIENTIFIC INC.
NYSE 1 +10.7%
WDC
WESTERN DIGITAL CORP
NASDAQ 1 -26.4%
SYK
STRYKER CORP
NYSE 1 -7.3%
SPGI
S&P Global Inc.
NYSE 1 -1.8%
MPC
Marathon Petroleum Corp
NYSE 1 +32.1%
VLO
VALERO ENERGY CORP/TX
NYSE 1 +29.9%
CME
CME GROUP INC.
NASDAQ 1 -1.8%
PSX
Phillips 66
NYSE 1 +26.0%
CSX
CSX CORP
NASDAQ 1 -1.6%
ICE
Intercontinental Exchange, Inc.
NYSE 1 -1.5%
CP
CANADIAN PACIFIC KANSAS CITY LTD/CN
NYSE 1 -0.8%
MCO
MOODYS CORP /DE/
NYSE 1 -3.2%
NOC
NORTHROP GRUMMAN CORP /DE/
NYSE 1 -4.0%
MDLZ
Mondelez International, Inc.
NASDAQ 1 +4.8%
LITE
Lumentum Holdings Inc.
NASDAQ 1 +11.1%
CRH
CRH PUBLIC LTD CO
NYSE 1 -8.3%
MT
ArcelorMittal
AMS 1 +11.2%
HEI
HEICO CORP
NYSE 1 -16.7%
LHX
L3HARRIS TECHNOLOGIES, INC. /DE/
NYSE 1 -12.6%
CCJ
CAMECO CORP
NYSE 1 -3.1%
ADM
Archer-Daniels-Midland Co
NYSE 1 +2.0%
HSY
HERSHEY CO
NYSE 1 +0.7%
EQT
EQT Corp
NYSE 1 +4.5%
NTR
Nutrien Ltd.
NYSE 1 +19.4%
ZS
Zscaler, Inc.
NASDAQ 1 +29.9%
OTIS
Otis Worldwide Corp
NYSE 1 -2.3%
JBHT
HUNT J B TRANSPORT SERVICES INC
NASDAQ 1 -11.6%
SN
SharkNinja, Inc.
LON 1 -7.4%
OKTA
Okta, Inc.
NASDAQ 1 +26.3%
TW
Tradeweb Markets Inc.
NASDAQ 1 -2.1%
WST
WEST PHARMACEUTICAL SERVICES INC
NYSE 1 +2.9%
EXE
EXPAND ENERGY Corp
NASDAQ 1 +3.4%
FIS
Fidelity National Information Services, Inc.
NYSE 1 -10.7%
YPF
YPF SOCIEDAD ANONIMA
NYSE 1 +7.9%
BR
BROADRIDGE FINANCIAL SOLUTIONS, INC.
NYSE 1 -0.4%
ZBH
ZIMMER BIOMET HOLDINGS, INC.
NYSE 1 +7.0%
CF
CF Industries Holdings, Inc.
NYSE 1 +13.3%
ONTO
ONTO INNOVATION INC.
NYSE 1 -18.2%
FLUT
Flutter Entertainment plc
NYSE 1 -3.3%
ULS
UL Solutions Inc.
NYSE 1 -13.0%
JBS
JBS N.V.
NYSE 1 -12.6%
AA
Alcoa Corp
NYSE 1 +9.0%
DKNG
DraftKings Inc.
NASDAQ 1 -3.5%
HBM
Hudbay Minerals Inc.
NYSE 1 +15.9%
KNX
Knight-Swift Transportation Holdings Inc.
NYSE 1 -3.4%
AR
ANTERO RESOURCES Corp
NYSE 1 +9.8%
JKHY
JACK HENRY & ASSOCIATES INC
NASDAQ 1 -3.4%
SAIL
SailPoint, Inc.
NASDAQ 1 +27.5%
MP
MP Materials Corp. / DE
NYSE 1 -5.7%
AVAV
AeroVironment Inc
NASDAQ 1 +4.1%
RRC
RANGE RESOURCES CORP
NYSE 1 +11.4%
SNEX
StoneX Group Inc.
NASDAQ 1 -4.0%
VIST
Vista Energy, S.A.B. de C.V.
NYSE 1 +8.3%
CAMT
CAMTEK LTD
NASDAQ 1 -1.8%
MORN
Morningstar, Inc.
NASDAQ 1 -2.9%
ICL
ICL Group Ltd.
NYSE 1 +14.0%
ROAD
Construction Partners, Inc.
NASDAQ 1 -12.1%
MOS
MOSAIC CO
NYSE 1 +16.3%
LNTH
Lantheus Holdings, Inc.
NASDAQ 1 +0.3%
STVN
Stevanato Group S.p.A.
NYSE 1 +14.9%
SNDR
Schneider National, Inc.
NYSE 1 -3.1%
RITM
Rithm Capital Corp.
NYSE 1 +0.4%
GVA
GRANITE CONSTRUCTION INC
NYSE 1 -5.0%
PRM
Perimeter Solutions, Inc.
NYSE 1 +2.9%
MRX
Marex Group Ltd
NASDAQ 1 -2.4%
USAR
USA Rare Earth, Inc.
NASDAQ 1 -16.8%
CENX
CENTURY ALUMINUM CO
NASDAQ 1 -5.4%
BCO
BRINKS CO
NYSE 1 -2.4%
MEOH
METHANEX CORP
NASDAQ 1 +10.3%
PAM
Pampa Energy Inc.
NYSE 1 -2.2%
TGS
GAS TRANSPORTER OF THE SOUTH INC
NYSE 1 -4.2%
STNG
Scorpio Tankers Inc.
NYSE 1 +5.5%
SRAD
Sportradar Group AG
NASDAQ 1 +3.2%
TLX
Telix Pharmaceuticals Ltd
ASX 1 -2.9%
PFSI
PennyMac Financial Services, Inc.
NYSE 1 -0.5%
HAFN
Hafnia Ltd
NYSE 1 +6.6%
LEU
CENTRUS ENERGY CORP
NYSEAMERICAN 1 +2.2%
NATL
NCR Atleos Corp
NYSE 1 -0.5%
SBLK
Star Bulk Carriers Corp.
NASDAQ 1 +14.4%
TRMD
TORM plc
NASDAQ 1 +5.4%
EEFT
EURONET WORLDWIDE, INC.
NASDAQ 1 -1.0%
HUBG
Hub Group, Inc.
NASDAQ 1 -7.3%
CC
Chemours Co
NYSE 1 -6.7%
WERN
WERNER ENTERPRISES INC
NASDAQ 1 -7.2%
ANDE
Andersons, Inc.
NASDAQ 1 +3.2%
HCI
HCI Group, Inc.
NYSE 1 +1.1%
MTX
MINERALS TECHNOLOGIES INC
ETR 1 -11.0%
GENI
Genius Sports Ltd
NYSE 1 -17.0%
NEO
NEOGENOMICS INC
TSE 1 -30.4%
ENR
ENERGIZER HOLDINGS, INC.
ETR 1 -18.4%
REX
REX AMERICAN RESOURCES Corp
NYSE 1 +1.5%
TWO
TWO HARBORS INVESTMENT CORP.
NYSE 1 +0.1%
WLFC
WILLIS LEASE FINANCE CORP
NASDAQ 1 -75.6%
UVE
UNIVERSAL INSURANCE HOLDINGS, INC.
NYSE 1 -0.3%
GNK
GENCO SHIPPING & TRADING LTD
NYSE 1 +10.7%
GPRE
Green Plains Inc.
NASDAQ 1 -2.3%
HRTG
Heritage Insurance Holdings, Inc.
NYSE 1 +1.5%
HTLD
HEARTLAND EXPRESS INC
NASDAQ 1 -3.4%
MITK
MITEK SYSTEMS INC
NASDAQ 1 0.0%
HSHP
Himalaya Shipping Ltd.
NYSE 1 +20.3%
ASC
Ardmore Shipping Corp
NYSE 1 +5.8%
ACIC
AMERICAN COASTAL INSURANCE Corp
NASDAQ 1 -2.3%
SHIP
Seanergy Maritime Holdings Corp.
NASDAQ 1 +16.2%
ONIT
ONITY GROUP INC.
NYSE 1 -0.3%
MOVE
Corvex, Inc.
SWX 1 -18.9%
IDN
Intellicheck, Inc.
NASDAQ 1 -16.8%
LRE
LEAD REAL ESTATE CO., LTD
LON 1 +3.2%
0522
ASMPT
HKG 1 -15.1%
AFM
Alphamin Resources Corp.
CVE 1 -8.0%
ANTO
Antofagasta plc
LON 1 -1.4%
AAC
Ares Acquisition Corp III
ASX 1 -4.0%
BESI
BE Semiconductor Industries
AMS 1 -26.7%
BARN
Barry Callebaut AG
SWX 1 -1.2%
BITTI
Bittium
HEL 1 -4.5%
BBD.B
Bombardier
TSE 1 -9.0%
CS
Capstone Copper
TSE 1 +5.2%
LISN
Chocoladefabriken Lindt & Sprüngli AG
SWX 1 -6.9%
0189
Dongyue Group
HKG 1 -9.4%
DRO
DroneShield Limited
ASX 1 -24.1%
2383
Elite Material Co., Ltd.
TPE 1 +7.2%
EXENS
Exosens
EPA 1 -13.9%
4901
FUJIFILM Holdings Corporation
TYO 1 -0.9%
6406
Fujitec Co., Ltd.
TYO 1 +2.5%
GXI
Gerresheimer AG
ETR 1 -4.6%
009540
HD Korea Shipbuilding & Offshore Engineering
KRX 1 -2.2%
HAG
HENSOLDT AG
ETR 1 +3.5%
042660
Hanwha Ocean
KRX 1 -2.3%
6324
Harmonic Drive Systems Inc.
TYO 1 -20.8%
9509
Hokkaido Electric Power Company
TYO 1 +13.8%
6213
ITEQ Corporation
TPE 1 +109.1%
KNEBV
KONE Oyj
HEL 1 +3.8%
9508
Kyushu Electric Power Company
TYO 1 +20.2%
373220
LG Energy Solution
KRX 1 +10.2%
688017
Leader Harmonious Drive Systems Co., Ltd.
SHA 1 -25.6%
LONN
Lonza Group AG
SWX 1 -4.3%
LUN
Lundin Mining
TSE 1 -6.4%
LYC
Lynas Rare Earths
ASX 1 -14.8%
2337
Macronix International
TPE 1 -2.1%
MLX
Metals X Limited
ASX 1 +30.1%
BEEF3
Minerva S.A.
BVMF 1 +9.6%
7011
Mitsubishi Heavy Industries
TYO 1 -1.5%
7003
Mitsui E&S
TYO 1 -6.5%
NKT
NKT A/S
CPH 1 -1.0%
6268
Nabtesco Corporation
TYO 1 -12.1%
2408
Nanya Technology
TPE 1 +7.8%
NEX
Nexans S.A.
EPA 1 +1.6%
600989
Ningxia Baofeng Energy Group
SHA 1 +4.9%
3110
Nitto Boseki Co., Ltd.
TYO 1 +3.5%
NHY
Norsk Hydro ASA
OSL 1 +0.3%
PRY
Prysmian S.p.A.
BIT 1 -5.1%
RHM
Rheinmetall AG
ETR 1 +2.9%
ROI
Rosenbauer International
VIE 1 -1.8%
010950
S-Oil Corporation
KRX 1 +13.2%
096770
SK Innovation
KRX 1 +16.8%
SSAB-B
SSAB AB
STO 1 +7.3%
SAF
Safran
EPA 1 -9.4%
SZG
Salzgitter AG
ETR 1 +10.9%
010140
Samsung Heavy Industries
KRX 1 -3.6%
006400
Samsung SDI
KRX 1 +26.2%
1211
Saudi Arabian Mining Company (Ma'aden)
TADAWUL 1 +9.1%
SCHP
Schindler Holding
SWX 1 +0.6%
SFZN
Siegfried Holding AG
SWX 1 -7.7%
SLX
Silex Systems
ASX 1 -13.4%
6762
TDK Corporation
TYO 1 -15.3%
6481
THK Co., Ltd.
TYO 1 -15.3%
6274
Taiwan Union Technology Corporation
TPE 1 -0.7%
9503
The Kansai Electric Power Company
TYO 1 +23.9%
THEON
Theon International
AMS 1 -16.2%
9501
Tokyo Electric Power Company Holdings
TYO 1 +5.3%
2344
Winbond Electronics
TPE 1 +3.4%
YAR
Yara International
OSL 1 -3.0%
YPSN
Ypsomed Holding
SWX 1 -1.2%
000960
Yunnan Tin Co., Ltd.
SHE 1 +2.7%
600160
Zhejiang Juhua
SHA 1 -17.7%
603379
Zhejiang Sanmei Chemical Industry
SHA 1 -20.9%
VOE
voestalpine AG
VIE 1 +4.2%

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.