Research

Subscription software for creative professionals — Creative Cloud tools for design, video, and photography, plus Acrobat for document management and a digital marketing analytics suite.

Designs and sells foam clogs and casual footwear under the Crocs brand, plus the HeyDude casual shoe brand acquired in 2022.

Licenses its ENHANZE drug delivery technology to pharmaceutical partners, enabling injectable biologics to be administered subcutaneously rather than intravenously, and earns royalties on product sales.

Specialty insurance underwriter focused on excess and surplus lines — non-standard commercial risks underwritten entirely in-house through a proprietary technology platform.

Life insurer and asset manager operating across Asia, Canada, and the United States; sells protection, savings, and retirement products through agency and bancassurance channels.

Mines and processes sorbent clay used in cat litter and industrial absorbents, holding proprietary reserves co-located with processing facilities and supplying private-label and branded products.

Provides personal and commercial banking, wealth management, capital markets, and insurance services to 19 million clients across Canada, the U.S., and 27 countries.

Specialty grocery retailer focused on fresh, natural, and organic foods — operating neighborhood-format stores with a differentiated product mix targeting health-conscious consumers.

Subscription pet health insurance covering veterinary expenses for cats and dogs, with proprietary direct-to-vet payment technology and a national veterinary referral network.

AI-native insurance company selling renters, homeowners, pet, auto, and life policies directly to consumers via a mobile app, underwriting with machine learning models.

Holding company owning insurance operations (GEICO, Gen Re), utilities, railroads (BNSF), manufacturing, retail, and a large portfolio of publicly traded equities.

Operates North American energy infrastructure — pipelines carrying ~25% of continental crude oil and ~20% of U.S. natural gas, plus regulated gas utilities serving 7 million customers.

Operates and franchises McDonald's restaurants worldwide; 95% franchised, collecting royalties and rent on $139 billion in annual systemwide sales across 45,356 locations in over 100 countries.

Oil and gas exploration and production with core operations in the Permian Basin, plus a midstream segment and a chemicals business (OxyChem).

Distributes roofing materials, lumber, and building products to contractors through a national branch network, operating as a scale rollup in U.S. building materials distribution.

Commercializes TP-03, a prescription eye drop that eliminates Demodex blepharitis (eyelid mite infestation), the most common cause of chronic eyelid disease, sold in the U.S. and expanding to China.

Provides freight-focused payments, factoring, intelligence, and banking products that connect brokers, carriers, shippers, and factors across the transportation ecosystem.

Premium athletic apparel retailer selling yoga, running, and training gear through its own stores and e-commerce, with a growing international footprint.

Holds the only FDA-cleared direct blood volume measurement diagnostic, used in hospitals to guide fluid management for heart failure and critical care patients.

Expense management and corporate card software for small and mid-size businesses, operating as a subscription platform competing against spend management providers.