ORIX (IX): Can Strategic Asset Sales and Shareholder Returns Unlock Further Value?
Polaris Capital Management , an investment management company, released its second-quarter 2026 investor letter for "Global Equity Strategy". The letter can be downloaded here . Global markets delivered strong gains during the quarter, supported by an AI-driven earnings rally despite elevated interest rates, inflation concerns, and geopolitical uncertainty. Polaris Global Equity Composite (net of fees) returned 13.26% during the quarter, compared to a 13.90% return for the MSCI World Index, gross dividends reinvested. The Composite remained ahead for the year-to-date period through June 30, 2026, gaining 19.95% versus 9.94% for the benchmark, driven by strong performance from IT holdings, particularly AI-related companies and memory semiconductor suppliers. Please review the Fund's top five holdings to gain insights into its key selections for 2026.
In its second-quarter 2026 investor letter, Polaris Global Equity Strategy highlighted ORIX Corporation (NYSE: IX ). ORIX Corporation (NYSE:IX) is a Japanese company that provides financial services with operations in Japan, the United States, and global markets. On September 22, 2026, ORIX Corporation (NYSE:IX) closed at $39.53 per share. Over the past month, ORIX Corporation (NYSE:IX) declined 1.79% and its shares gained 46.86% over the past 52 weeks. ORIX Corporation (NYSE:IX) has a market capitalization of $40.74 billion and its stock has traded within a 52-week range of $24.19 and $42.39.
Polaris Global Equity Strategy stated the following regarding ORIX Corporation (NYSE:IX) in its Q2 2026 investor letter:
"In financials, company-specific catalysts drove performance. ORIX Corporation (NYSE:IX) continued to deliver under its new CEO, selling Orix Bank to Daiwa Securities for ~$2.3 billion, funding a buyback and raising FY2027 profit guidance. It also generated gains via its OQCI Fund, along with a boost from its holding in Toshiba, which itself booked large gains selling down its stake in chipmaker Kioxia"
ORIX Corporation (NYSE:IX) is not on our list of the 40 Most Popular Stocks Among Hedge Funds . As per our database, 6 hedge fund portfolios held ORIX Corporation (NYSE:IX) at the end of the second quarter which was 9 in the previous quarter. While we acknowledge the potential of ORIX Corporation (NYSE:IX) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock .
In addition, please check out our hedge fund investor letters Q2 2026 page for more investor letters from hedge funds and other leading investors.
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