Broyhill Asset Management, an investment advisor, released its second-quarter 2025 investor letter. Broyhill Partners appreciated 3.7% net of all fees and expenses in the second quarter, building on first-quarter gains, but falling short of the strong rally across global markets. The MSCI All Country World Index returned 11.7% for the second quarter. During the six months ended June 30, the strategy returned 6.6%, net of all fees and expenses, compared to 10.3% for the index. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.
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