Benjamin Hornigold Limited (ASX: BHD) operates as an investment company focused on achieving moderate to high portfolio returns over the medium to long term by allocating capital to a concentrated portfolio of high-conviction investments in undervalued listed assets offering growth potential while limiting volatility; it provides investors with exposure to both global and domestic listed investment opportunities. The company maintains an actively managed portfolio emphasizing small numbers of select holdings across diverse sectors to generate above-average returns. Founded in 2016 and headquartered at Suite 20.01, Level 20, 133-145 Castlereagh Street, Sydney, New South Wales, Australia, it listed on the ASX in May 2017 and conducts operations primarily from Australia with investments spanning international markets. In recent developments, the company reported a net loss increase for the half-year ended December 2024 to $464,805 from $321,616 the prior period alongside a net tangible asset backing of $0.180 to $0.185 per share as of October 2025; it held its 2025 AGM in October with related presentations and continues portfolio adjustments reflected in quarterly NTA updates and a FY2025 annual report issued in August 2025 showing investment income of $0.4 million, total assets of $6.55 million, and shareholders' equity of $6.13 million.