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Stock impact report

Night Watch Investment Management Q1 2026 Investor Letter [Seeking Alpha]

AAR Corp. (AIR) 
Last aar corp. earnings: 3/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: aarcorp.gcs-web.com/investor-overview
Company Research Source: Seeking Alpha
As the first baby boomers are turning 80-years old in 2026, we expect to have a favorable supply/demand dynamic until at least 2030. AAR provides after-market maintenance services for airplanes and we believe this company is benefitting from an aging fleet of airplanes. Marex clears futures on behalf of their clients and when trading activity in financial products picks up, Marex makes more money. The result is that we own a portfolio of companies that we are comfortable owning regardless of the duration of any Iran war. Donny DBM/iStock via Getty Images Performance During the first quarter of 2026 Night Watch Investment Management LP appreciated by 2.69% net of fees. Night Watch Investment Partners LP – Net Performance (in USD) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year Since Inception, Total: 40.03% Since Inception, CAGR: 16.14% Click to enlarge The first quarter of 2026 was more volatile than we were used to. In a market th Show less Read more
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