Prosper Stars & Stripes, an extended/brief fairness fund, lately launched its first-quarter 2026 investor letter. A duplicate of the letter is on the market to obtain right here. In Q1 2026, the portfolio underperformed with a web return of (-5.6%) in comparison with the Russell 2000 Index’s +0.9% return and the HFRX Fairness Hedge Index’s -1.5% return. Lengthy e book efficiency was unfavorable, whereas the brief e book contributed positively. Geopolitics considerably influenced the primary quarter, contributing to elevated inflation pressures and elevated power costs. Moreover, you’ll be able to evaluate the Portfolio’s prime 5 holdings to see its greatest picks for 2026.
In its first-quarter 2026 investor letter, Prosper Stars & Stripes highlighted Vishay Precision Group, Inc. (NYSE:VPG). Headquartered in Malvern, Pennsylvania, Vishay Precision Group, Inc. (NYSE:VPG) specializes within the precision measurement and sensing applied sciences enterprise. On June 17, 2026, Vishay Precision Group, Inc. (NYSE:VPG) closed at $133.45 per share. One-month return of Vishay Precision Group, Inc. (NYSE:VPG) was 33.60%, and its shares gained 429.73% over the previous 52 weeks. Vishay Precision Group, Inc. (NYSE:VPG) has a market capitalization of $1.78 billion.
Prosper Stars & Stripes said the next relating to Vishay Precision Group, Inc. (NYSE:VPG) in its Q1 2026 investor letter:
“Vishay Precision Group, Inc. (NYSE:VPG) is a direct beneficiary of each tendencies. The corporate manufactures sensors, measurement methods, and weighing options – a enterprise that was pressured for a number of years by weak point within the basic industrial financial system. That headwind is now reversing as a producing restoration took maintain earlier this yr and seems more likely to proceed absent a major financial shock. Vishay Precision’s first quarter outcomes (reported Could twelfth) strengthened this thesis. The corporate posted a book-to-bill above 1.0x for the sixth consecutive quarter and laid out a medium-term outlook that displays an ongoing transformation of the enterprise: income progress accelerating in the direction of 10% and working margins greater than doubling to roughly 20%, in comparison with single digits over the previous two years.12 Demand has broadened throughout a number of end-markets, together with army and house, semiconductors, and information facilities. Past the cyclical restoration, there’s a compelling rising progress narrative. Vishay Precision is actively working with a number of humanoid robotics producers. Present revenues from this channel are modest, however the humanoid robotics trade is anticipated to start scaling later this yr and develop considerably thereafter, a thematic tailwind that would meaningfully develop the corporate’s addressable market. We proceed to see significant upside from present ranges, supported by the prospect of gross sales and earnings beats in opposition to a good thematic backdrop. Assuming the inventory re-rates towards 5x gross sales and 25x EV/EBITDA on 2028 estimates, multiples according to corporations demonstrating sustained income and earnings progress, implying a possible share value of roughly $135.”
