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Nest Partners_Long Only Letters_2020.pdf - Word 7_31_2023 3_57_11 PM (2)</image:caption><image:title>Owls Nest Partners_Long Only Letters_2020.pdf - Word 7_31_2023 3_57_11 PM (2)</image:title></image:image><lastmod>2023-09-14</lastmod></url><url><loc>https://blog.owlsnest.partners/letters/concentrated-equities-q4-2021</loc><image:image><image:loc>https://blog.owlsnest.partners/hubfs/Team_Headshots/Phillip_2-1.jpeg</image:loc><image:caption>Phillip_2-1</image:caption><image:title>Phillip_2-1</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/ONP-logo-color-1.png</image:loc><image:caption>ONP-logo-color-1</image:caption><image:title>ONP-logo-color-1</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/image-png-Sep-14-2023-08-13-04-0429-PM.png</image:loc><image:caption>image-png-Sep-14-2023-08-13-04-0429-PM</image:caption><image:title>image-png-Sep-14-2023-08-13-04-0429-PM</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/placeholder-headshot.jpg</image:loc><image:caption>placeholder-headshot</image:caption><image:title>placeholder-headshot</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/Team_Headshots/David_2-1.jpeg</image:loc><image:caption>David_2-1</image:caption><image:title>David_2-1</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/ONP-Letters-Blue.jpg</image:loc><image:caption>Owls-Nest-Partners-Letters-Blue</image:caption><image:title>ONP-Letters-Blue</image:title></image:image><lastmod>2023-09-18</lastmod></url><url><loc>https://blog.owlsnest.partners/letters/concentrated-long-only-q3-2022</loc><image:image><image:loc>https://blog.owlsnest.partners/hubfs/image-png-Jul-27-2023-05-26-18-0956-PM.png</image:loc><image:caption>image-png-Jul-27-2023-05-26-18-0956-PM</image:caption><image:title>image-png-Jul-27-2023-05-26-18-0956-PM</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/ONP-Letters-Gray.jpg</image:loc><image:caption>Owls-Nest-Partners-Letters-Gray</image:caption><image:title>ONP-Letters-Gray</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/placeholder-headshot.jpg</image:loc><image:caption>placeholder-headshot</image:caption><image:title>placeholder-headshot</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/Team_Headshots/David_2-1.jpeg</image:loc><image:caption>David_2-1</image:caption><image:title>David_2-1</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/Team_Headshots/Phillip_2-1.jpeg</image:loc><image:caption>Phillip_2-1</image:caption><image:title>Phillip_2-1</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/image-png-4.png</image:loc><image:caption>image-png-4</image:caption><image:title>image-png-4</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/ONP-logo-color-1.png</image:loc><image:caption>ONP-logo-color-1</image:caption><image:title>ONP-logo-color-1</image:title></image:image><lastmod>2023-09-14</lastmod></url><url><loc>https://blog.owlsnest.partners/letters/concentrated-long-only-q2-2025</loc><image:image><image:loc>https://blog.owlsnest.partners/hubfs/Team_Headshots/Phillip_2-1.jpeg</image:loc><image:caption>Phillip_2-1</image:caption><image:title>Phillip_2-1</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/image-png-Sep-09-2025-03-19-00-3258-PM.png</image:loc><image:caption>image-png-Sep-09-2025-03-19-00-3258-PM</image:caption><image:title>image-png-Sep-09-2025-03-19-00-3258-PM</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/ONP-Letters-Blue.jpg</image:loc><image:caption>Owls-Nest-Partners-Letters-Blue</image:caption><image:title>ONP-Letters-Blue</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/placeholder-headshot.jpg</image:loc><image:caption>placeholder-headshot</image:caption><image:title>placeholder-headshot</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/image-png-Sep-09-2025-03-19-33-0413-PM.png</image:loc><image:caption>image-png-Sep-09-2025-03-19-33-0413-PM</image:caption><image:title>image-png-Sep-09-2025-03-19-33-0413-PM</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/ONP-logo-color-1.png</image:loc><image:caption>ONP-logo-color-1</image:caption><image:title>ONP-logo-color-1</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/Team_Headshots/David_2-1.jpeg</image:loc><image:caption>David_2-1</image:caption><image:title>David_2-1</image:title></image:image><lastmod>2025-09-09</lastmod></url><url><loc>https://blog.owlsnest.partners/letters/1h-2025-concentrated-equities-review-letter</loc><image:image><image:loc>https://blog.owlsnest.partners/hubfs/Team_Headshots/David_2-1.jpeg</image:loc><image:caption>David_2-1</image:caption><image:title>David_2-1</image:title></image:image><image:image><image:loc>htt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Nest Partners_Long Only Letters_2020.pdf - Personal - Microsoft​ Edge 7_31_2023 4_07_13 PM (2)</image:caption><image:title>Owls Nest Partners_Long Only Letters_2020.pdf - Personal - Microsoft​ Edge 7_31_2023 4_07_13 PM 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(3)</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/placeholder-headshot.jpg</image:loc><image:caption>placeholder-headshot</image:caption><image:title>placeholder-headshot</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/Team_Headshots/Phillip_2-1.jpeg</image:loc><image:caption>Phillip_2-1</image:caption><image:title>Phillip_2-1</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/ONP-Letters-Gray.jpg</image:loc><image:caption>Owls-Nest-Partners-Letters-Gray</image:caption><image:title>ONP-Letters-Gray</image:title></image:image><lastmod>2023-09-14</lastmod></url><url><loc>https://blog.owlsnest.partners/company-writeups/repay-holdings-rpay</loc><image:image><image:loc>https://blog.owlsnest.partners/hubfs/Team_Headshots/David_2-1.jpeg</image:loc><image:caption>David_2-1</image:caption><image:title>David_2-1</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/placeholder-headshot.jpg</image:loc><image:caption>placeholder-headshot</image:caption><image:title>placeholder-headshot</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/Team_Headshots/Phillip_2-1.jpeg</image:loc><image:caption>Phillip_2-1</image:caption><image:title>Phillip_2-1</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/ONP-Letters-Gray.jpg</image:loc><image:caption>Owls-Nest-Partners-Letters-Gray</image:caption><image:title>ONP-Letters-Gray</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/ONP-logo-color-1.png</image:loc><image:caption>ONP-logo-color-1</image:caption><image:title>ONP-logo-color-1</image:title></image:image><lastmod>2023-09-14</lastmod></url><url><loc>https://blog.owlsnest.partners/letters/concentrated-long-only-q3-2020</loc><image:image><image:loc>https://blog.owlsnest.partners/hubfs/image-png-Jul-31-2023-08-34-28-8548-PM.png</image:loc><image:caption>image-png-Jul-31-2023-08-34-28-8548-PM</image:caption><image:title>image-png-Jul-31-2023-08-34-28-8548-PM</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/ONP-logo-color-1.png</image:loc><image:caption>ONP-logo-color-1</image:caption><image:title>ONP-logo-color-1</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/Team_Headshots/David_2-1.jpeg</image:loc><image:caption>David_2-1</image:caption><image:title>David_2-1</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/image-png-Jul-31-2023-08-33-41-5563-PM.png</image:loc><image:caption>image-png-Jul-31-2023-08-33-41-5563-PM</image:caption><image:title>image-png-Jul-31-2023-08-33-41-5563-PM</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/Team_Headshots/Phillip_2-1.jpeg</image:loc><image:caption>Phillip_2-1</image:caption><image:title>Phillip_2-1</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/placeholder-headshot.jpg</image:loc><image:caption>placeholder-headshot</image:caption><image:title>placeholder-headshot</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/ONP-Letters-Gray.jpg</image:loc><image:caption>Owls-Nest-Partners-Letters-Gray</image:caption><image:title>ONP-Letters-Gray</image:title></image:image><lastmod>2023-09-14</lastmod></url><url><loc>https://blog.owlsnest.partners/letters/q3-2025-concentrated-equities-review-letter</loc><image:image><image:loc>https://blog.owlsnest.partners/hubfs/image-png-May-18-2026-06-03-36-8580-PM.png</image:loc><image:caption>image-png-May-18-2026-06-03-36-8580-PM</image:caption><image:title>image-png-May-18-2026-06-03-36-8580-PM</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/image-png-May-18-2026-06-03-51-7957-PM.png</image:loc><image:caption>image-png-May-18-2026-06-03-51-7957-PM</image:caption><image:title>image-png-May-18-2026-06-03-51-7957-PM</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/Team_Headshots/Phillip_2-1.jpeg</image:loc><image:caption>Phillip_2-1</image:caption><image:title>Phillip_2-1</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/ONP-logo-color-1.png</image:loc><image:caption>ONP-logo-color-1</image:caption><image:title>ONP-logo-color-1</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/placeholder-headshot.jpg</image:loc><image:caption>placeholder-headshot</image:caption><image:title>placeholder-headshot</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/ONP-Letters-Gray.jpg</image:loc><image:caption>Owls-Nest-Partners-Letters-Gray</image:caption><image:title>ONP-Letters-Gray</image:title></image:image><image:image><image:loc>https://blog.owlsnest.partners/hubfs/Team_Headshots/David_2-1.jpeg</ima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