American International Group (AIG) Rose After Reporting Quarterly Results

Diamond Hill Capital, an investment management company, released its “Large Cap Fund” first-quarter 2025 investor letter. A copy of the letter can be downloaded here. Markets exhibited a mixed performance in Q1 as the new presidential administration generated significant buzz with a flurry of actions, leaving investors uncertain about the future direction. The portfolio trailed the Russell 1000 Value Index benchmark in Q1. The strategy returned 1.36% (net) vs 2.14% returns for the index. To get an idea of the fund’s best choices for 2025, check out its top 5 positions.

In its first-quarter 2025 investor letter, Diamond Hill Large Cap Fund highlighted stocks such as American International Group, Inc. (NYSE:AIG). American International Group, Inc. (NYSE:AIG) is an insurance company that operates through North America Commercial; International Commercial, and Global Personal segments. The one-month return of American International Group, Inc. (NYSE:AIG) was 1.12%, and its shares gained 4.33% of their value over the last 52 weeks. On May 9, 2025, American International Group, Inc. (NYSE:AIG) stock closed at $82.41 per share with a market capitalization of $47.495 billion.

Diamond Hill Large Cap Fund stated the following regarding American International Group, Inc. (NYSE:AIG) in its Q1 2025 investor letter:

“Among our top individual contributors in Q1 were American International Group, Inc. (NYSE:AIG) and Abbott Laboratories. Property and casualty insurance company AIG is delivering high quality results: Its most recently reported underlying loss ratio was better than expected, as were catastrophe losses and prior-year development. Further, the company continues generating revenue growth from both its commercial and consumer segments. We are pleased with the progress AIG is making to streamline its business and capitalize on opportunities for earnings growth better than its competitors. We believe it remains well-positioned to scale revenues efficiently and deliver sustainable value as it continues reducing expenses and returning excess capital via share repurchases.”

American International Group (AIG) Set to Win – Jim Cramer Calls It a ‘Buy’ Amid Tariff Troubles!

A professional advisor helping a client with an insurance policy, highlighting the company’s attention to customer service.

American International Group, Inc. (NYSE:AIG) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 48 hedge fund portfolios held American International Group, Inc. (NYSE:AIG) at the end of the fourth quarter which was 49 in the previous quarter. While we acknowledge the potential of American International Group, Inc. (NYSE:AIG) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

In another article, we covered American International Group, Inc. (NYSE:AIG) and shared Oakmark Fund’s views on the company. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.