SaltLight Capital Q3 2024 Co-Investor Letter [Seeking Alpha]
Applovin Corporation - Class A (APP)
Company Research
Source: Seeking Alpha
Follower s Follow Summary The SaltLight Worldwide Flexible FR Fund returned +15.61%1 during the third quarter of 2024. This quarter, our notable contributors included AppLovin, Brait, Sea Ltd, Karooooo, Blue Label Telecoms and Brookfield Corporation. Year-to-date fund returns this year have been satisfactory, though it's important to highlight that many of the businesses driving these results were selected 2-4 years ago. PM Images Dear Co-Investor The SaltLight Worldwide Flexible FR Fund returned +15.61% during the third quarter of 2024. We welcome the new co-investors who have joined our fund over the past few months. We think it is worth highlighting SaltLight's non-conventional approach to portfolio construction, which may lead our portfolio to zig when the market is zagging We are index benchmark-agnostic opportunists and target opportunities not in the present but for what the world might look like in 2029. When constructing our portfolio, we are deliberate
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APP
News
- AppLovin Corporation (APP) Has Been a Standout Performer Of SaltLight Capital in Q3 [Yahoo! Finance]Yahoo! Finance
- Meet the Newest AI Stock in the Nasdaq-100. It Soared 2,140% in 2 Years and Is Still a Buy, According to a Wall Street Analyst. [Yahoo! Finance]Yahoo! Finance
- AppLovin Corporation Prices $3.55 Billion Offering of Senior NotesBusiness Wire
- AppLovin Plans a $3.5 Billion Bond in High-Grade Debut Sale [Yahoo! Finance]Yahoo! Finance
- AppLovin Plans a $3.5 Billion Bond in High-Grade Debut Sale [Yahoo! Finance Canada]Yahoo! Finance Canada
APP
Earnings
- 11/6/24 - Beat
APP
Sec Filings
- 11/20/24 - Form 8-K
- 11/20/24 - Form FWP
- 11/20/24 - Form 424B3
- APP's page on the SEC website