Soumya Eswaran
Thu, June 18, 2026 astatine 9:19 AM CDT 3 min read
Prosper Stars & Stripes, a long/short equity fund, precocious released its first-quarter 2026 capitalist letter. A transcript of the missive is disposable to download here. In Q1 2026, the portfolio underperformed with a nett instrumentality of (-5.6%) compared to the Russell 2000 Index's +0.9% instrumentality and the HFRX Equity Hedge Index's -1.5% return. Long publication show was negative, portion the abbreviated publication contributed positively. Geopolitics importantly influenced the archetypal quarter, contributing to accrued ostentation pressures and elevated vigor prices. Additionally, you tin reappraisal the Portfolio's apical 5 holdings to spot its champion picks for 2026.
In its first-quarter 2026 capitalist letter, Prosper Stars & Stripes highlighted Vishay Precision Group, Inc. (NYSE:VPG). Headquartered successful Malvern, Pennsylvania, Vishay Precision Group, Inc. (NYSE:VPG) specializes successful the precision measurement and sensing technologies business. On June 17, 2026, Vishay Precision Group, Inc. (NYSE:VPG) closed astatine $133.45 per share. One-month instrumentality of Vishay Precision Group, Inc. (NYSE:VPG) was 33.60%, and its shares gained 429.73% implicit the past 52 weeks. Vishay Precision Group, Inc. (NYSE:VPG) has a marketplace capitalization of $1.78 billion.
Prosper Stars & Stripes stated the pursuing regarding Vishay Precision Group, Inc. (NYSE:VPG) successful its Q1 2026 capitalist letter:
"Vishay Precision Group, Inc. (NYSE:VPG) is simply a nonstop beneficiary of some trends. The institution manufactures sensors, measurement systems, and weighing solutions – a concern that was pressured for respective years by weakness successful the wide concern economy. That headwind is present reversing arsenic a manufacturing betterment took clasp earlier this twelvemonth and appears apt to proceed absent a important economical shock. Vishay Precision's archetypal 4th results (reported May 12th) reinforced this thesis. The institution posted a book-to-bill supra 1.0x for the sixth consecutive 4th and laid retired a medium-term outlook that reflects an ongoing translation of the business: gross maturation accelerating towards 10% and operating margins much than doubling to astir 20%, compared to azygous digits implicit the past 2 years.12 Demand has broadened crossed aggregate end-markets, including subject and space, semiconductors, and information centers. Beyond the cyclical recovery, determination is simply a compelling emerging maturation narrative. Vishay Precision is actively moving with aggregate humanoid robotics manufacturers. Current revenues from this transmission are modest, but the humanoid robotics manufacture is expected to statesman scaling aboriginal this twelvemonth and turn substantially thereafter, a thematic tailwind that could meaningfully grow the company's addressable market. We proceed to spot meaningful upside from existent levels, supported by the imaginable of income and net beats against a favorable thematic backdrop. Assuming the banal re-rates toward 5x income and 25x EV/EBITDA connected 2028 estimates, multiples accordant with companies demonstrating sustained gross and net growth, implying a imaginable stock terms of astir $135."

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