Remains of the top 1 quarter of Weitz Multi-Cap Equity Fund
Weitz Investment Managementthe investment management company has released the 2025 investor letter for the first quarter of the “Multi-Cap Equity Fund.” A copy of a letter can do so I downloaded it from here. The fund’s facility class returned +0.81% in the first quarter against -4.72% on the Russell 3000. In late January, “AI Trade” faced challenges when Chinese company Deepseek revealed that it had created a model of AI that was significantly lower than its US counterparts. The announcement has increased investor scrutiny about US companies’ spending strategies. The trust of investors and corporate leaders is challenged by uncertainties related to trade and tariffs. Plus, you can check out our top 5 holdings in funds to find the best picks of 2025.
In its first quarter, 2025 investor letter, Weitz Multi-Cap Equity Fund announced that it will be released on Alphabet Inc. (NASDAQ:Goog). Google’s parent company, Alphabet Inc. (NASDAQ: GOOG), offers a variety of platforms and services operated through Google Services, Google Cloud, and other BET segments. Alphabet Inc. (NASDAQ:GOOG)’s one-month return was 3.50%, with its shares losing 3.82% of its value over the past 52 weeks. On May 23, 2025, Alphabet Inc. (NASDAQ:GOOG) shares closed at $169.59 per share, with a market capitalization of $2.05 trillion.
The Weitz Multi-Cap Equity Fund said about Alphabet Inc. (NASDAQ: GOOG).
“On the negative aspects of ledgers, Alphabet Inc. (NASDAQ:GOOG) was the top detractor of the fund. The company’s Google unit is at the forefront of the “traditional search vs. genai” battle. It’s helpful that Alphabet has stepped into each camp as Google’s search results incorporates its own Genai functionality. Nevertheless, investors fear major changes in search shares that favor competitors, especially ChatGpt. I think the discussion is far from a solution and obscures other powerful businesses within the alphabet (YouTube, give it a name). We chose to reduce our position size early in the quarter to reflect our increasing competitiveness. ”
Laptop and phone opened to Google services in daily settings.
Alphabet Inc. (NASDAQ:GOOG) is in the 7th position on our list 30 Most Popular Stocks of Hedge Funds. According to the database, the 164 hedge fund portfolio held Alphabet Inc. (NASDAQ: GOOG) at the end of the first quarter, when it was 174 years old in the last quarter. First quarter of 2025, Alphabet Inc. (NASDAQ: GOOG) Achieve Revenue of $90.2 billion represents a 12% or 14% increase in certain currencies. While we acknowledge the potential of Alphabet Inc. (NASDAQ:GOOG) as an investment, our belief lies in the belief that AI stocks offer 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 traded at less than five times the revenues, Undervalued AI Stocks for Large Profits.