Capitalist gelding Hedged has always shown above average ability, splitting G1 winners Joliestar and Libertad when second in the 2024 Group II ATC Arrowfield Sprint and the now five year-old claimed his first stakes win at Sandown on Boxing Day when taking out the Listed MRC Christmas Stakes (1200m).

A brilliant front-running ride from Joe Doyle saw gritty filly Tellum upset the applecart as she downed the favourites in the Gr.2 Hallmark Stud Eight Carat Classic (1600m) at Ellerslie on Boxing Day.