Broyhill Asset Management Exited Nintendo Co., Ltd. (NTDOY) in Q1

Broyhill Asset Management, an investment advisor, released its first quarter 2025 investor letter. A copy of the letter can be downloaded here. Broyhill Partners appreciated 2.8% net of all fees and expenses in the first quarter, surpassing a -1.2% return for the MSCI All Country World Index. Volatility was the dominant theme in the first quarter, particularly among a few US technology companies that have come to influence the performance of passive indices. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

In its first-quarter 2025 investor letter, Broyhill Asset Management highlighted stocks such as Nintendo Co., Ltd. (OTC:NTDOY). Nintendo Co., Ltd. (OTC:NTDOY) develops, manufactures, and sells home entertainment products. The one-month return of Nintendo Co., Ltd. (OTC:NTDOY) was -6.67%, and its shares gained 48.87% of their value over the last 52 weeks. On May 30, 2025, Nintendo Co., Ltd. (OTC:NTDOY) stock closed at $20.44 per share with a market capitalization of $95.782 billion.

Broyhill Asset Management stated the following regarding Nintendo Co., Ltd. (OTC:NTDOY) in its Q1 2025 investor letter:

“We exited our investment in Nintendo Co., Ltd. (OTC:NTDOY) following the (long-awaited) announcement of the company’s Switch 2 console. While we believe the release will provide a renewed spark to fundamentals in the coming holiday season, with shares having doubled in the past twenty-four months, it would seem that much of the upside has already been discounted in the price.”

A close up of a person’s hands using a home console gaming device.

Nintendo Co., Ltd. (OTC:NTDOY) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 1 hedge fund portfolios held Nintendo Co., Ltd. (OTC:NTDOY) at the end of the first quarter, which was 1 in the previous quarter. While we acknowledge the potential of Nintendo Co., Ltd. (OTC:NTDOY) 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 undervalued AI stock set for massive gains.

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.