Wasatch Global Investors, the asset management company, has released a 2025 investor letter for the first quarter of the Wasatch Micro-Cap Fund. A copy of the letter can be downloaded here. The fund fell -16.57% this quarter, surpassing the Russell MicroCap® Growth Index’s -17.75% return. US stocks fell in the first quarter, affecting microcap companies due to tariffs, budget cuts, economic weakness, concerns about stagflation, and AI-related companies. Plus, check out our top 5 holdings funds to find out the best picks of 2025.
In its first quarter, 2025 investor letter, Wasatch Micro-Cap Fund is HCI Group, Inc. It highlighted stocks such as (NYSE: HCI). HCI Group, Inc. (NYSE: HCI) is engaged in the property insurance, reinsurance, real estate and information technology businesses. HCI Group, Inc. (NYSE: HCI)’s one-month return is 12.90%, and its shares have won 68.28% of its value over the past 52 weeks. May 27, 2025, HCI Group, Inc. (NYSE: HCI) shares closed at $165.18 per share with a market capitalization of $191 billion.
Wasatch Micro-Cap Fund is HCI Group, Inc. Regarding (NYSE: HCI), he said:
“HCI Group, Inc. (NYSE: HCI) was the biggest contributor of fund performance during the quarter. It mainly offers homeowner insurance in Florida. The company benefited from the low prices expected during the hurricane season, solid annual revenue expectations.”
Homeowners will be happy to smile while holding a copy of their new insurance policy.
HCI Group, Inc. (NYSE: HCI) is not on the list of the 30 most popular stocks among hedge funds. According to our database, 25 hedge fund portfolios were HCI Group, Inc. at the end of the first quarter of the previous quarter. (NYSE: HCI) was held. HCI Group, Inc. Although we acknowledge the potential as an investment (NYSE: HCI), our conviction lies in the belief that AI stocks provide higher returns and hold a greater promise to do so within a shorter time frame. If you’re looking for AI stocks that are as promising as NVIDIA but trade less than five times the revenue, check out our report on massive profits for undervalued AI stocks.
Additionally, see Hedge Fund Investor Letter Q1 Page 2025 for more investor letters from hedge funds and other major investors.
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Disclosure: None. This article was originally published on Insider Monkey.
