31 Aug 2026Sharpbridge Funds ManagementWEBHeldSharpbridge Funds Management continues to hold Webjet, its only ASX-listed stock since the fund's launch, noting the position has continued to test the manager's mettle. The stock surged as high as 94c last year after a bidding war between private equity firm BGH Capital and travel agency Helloworld Travel, with BGH offering 91c a share in November, before takeover talks ended in February and Webjet's shares tumbled more than 60% to around 40c. The manager notes further disappointment after Helloworld's CEO revealed Webjet ignored a $1 per share offer, along with setbacks from the Iran war reducing travel demand, Virgin cutting commissions to travel agents, and a poor acquisition of travel technology company Locomote. Sharpbridge remains hopeful following the appointment of former Wesfarmers executive Nicole Sheffield as CEO, citing new management making the right moves to turn the business around, plus the ongoing possibility of another takeover bid.
4 May 2026Sharpbridge Funds ManagementMPLHeldSharpbridge Funds Management continues to hold Medibank Private Ltd and names it as one of the fund manager's most bullish bets.
Sharpbridge Funds Management is a boutique Australian fund manager, likely specializing in a defined segment of Australian or global equities, applying fundamental research to construct concentrated portfolios for wholesale or sophisticated investors. As a smaller, specialist manager, Sharpbridge maintains a lower public profile than larger institutional Australian fund managers, with detailed independently verifiable information about its specific founders, precise strategy and track record limited in public sources, consistent with many closely-held boutique managers operating outside mainstream retail distribution.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.
31 Aug 2026Sharpbridge Funds ManagementWEBHeldSharpbridge Funds Management continues to hold Webjet, its only ASX-listed stock since the fund's launch, noting the position has continued to test the manager's mettle. The stock surged as high as 94c last year after a bidding war between private equity firm BGH Capital and travel agency Helloworld Travel, with BGH offering 91c a share in November, before takeover talks ended in February and Webjet's shares tumbled more than 60% to around 40c. The manager notes further disappointment after Helloworld's CEO revealed Webjet ignored a $1 per share offer, along with setbacks from the Iran war reducing travel demand, Virgin cutting commissions to travel agents, and a poor acquisition of travel technology company Locomote. Sharpbridge remains hopeful following the appointment of former Wesfarmers executive Nicole Sheffield as CEO, citing new management making the right moves to turn the business around, plus the ongoing possibility of another takeover bid.
4 May 2026Sharpbridge Funds ManagementMPLHeldSharpbridge Funds Management continues to hold Medibank Private Ltd and names it as one of the fund manager's most bullish bets.
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