Group 1 - First Solar is the largest producer of utility-scale solar panels in the US, with a vertically integrated business model that includes manufacturing cells from cadmium telluride (CdTe), module production, and recycling [1] - The company is expected to produce between 17GW of solar panels, indicating significant capacity and growth potential in the renewable energy sector [1] Group 2 - The investment focus is on growth companies, particularly in mid-cap segments, with an emphasis on sectors such as biotechnology, computer chips, cloud technology, energy, and commodities [1] - A systematic balance sheet analysis will be conducted to assess the financial health of growing businesses, as many may struggle with funding [1] - Long-term capital appreciation is prioritized over short-term speculation, reflecting a strategic investment approach [1]

Core Viewpoint - Helios Fairfax Partners Corporation reported a return to growth in book value and strong net earnings in Q2 2025, driven by the performance of Helios Managed Investments and improved expectations from underlying investments [2][4]. Financial Performance - The company reported net earnings of $11.6 million in Q2 2025, a significant recovery from a net loss of $16.5 million in Q2 2024 [4]. - For the first six months of 2025, net earnings were $12.4 million, compared to a net loss of $21.2 million in the same period of 2024 [5]. - The net earnings in Q2 included $19.9 million in net gains from Helios Managed Investments and a net gain of $3.3 million from TopCo LP Class A [4][5]. - Book value per share increased to $3.96 as of June 30, 2025, up from $3.85 in Q1 2025, primarily due to unrealized gains from Helios Managed Investments [5][7]. Investment Activities - The company deployed $1.2 million under a loan facility with Digital Ventures and $1.5 million under a $13.5 million loan facility with Helios Sports & Entertainment Group (HSEG) during the quarter [5]. - HFP committed to investing $20 million in Helios Fund V and an additional $2 million for management team commitment, which will allow HFP to share in future carried interest [5]. Cash Position - As of June 30, 2025, the company had $14.7 million in cash and cash equivalents [7]. - The total number of common shares outstanding increased to 108,291,576 from 108,179,127 at the end of 2024 [7].

Group 1 - Hull Tactical US ETF (BATS: HTUS) is an actively managed ETF launched on June 24, 2015, aimed at long-term capital appreciation [1] - HTUS has a 12-month dividend yield of 16.83% and a 30-day SEC yield of 0.78% [1] - The investing group led by Fred Piard focuses on quality dividend stocks and companies at the forefront of tech innovation, providing various market risk indicators and investment strategies [1] Group 2 - Fred Piard, PhD, has over 30 years of experience in technology and has been investing in data-driven systematic strategies since 2010 [1]