Contrarius Global Equity Fund’s Thoughts on Paramount Skydance Corporation (PSKY)

Contrarius Investment Management, an investment management company, released its third-quarter investor letter for the “Contrarius Global Equity Fund”. A copy of the letter can be downloaded here. The fund’s investor class returned 30.9% in the September quarter compared to 7.3% for the benchmark MSCI World Index, including reinvested net income, and 5.5% for the Average Global Equity Fund. The fund’s investment philosophy is independent of benchmark considerations, so the portfolios typically deviate from the benchmark World Index.  Additionally, please review the fund’s top five holdings to see its leading picks in 2025.

In its third-quarter 2025 investor letter, Contrarius Global Equity Fund highlighted stocks such as Paramount Skydance Corporation (NASDAQ:PSKY). Paramount Skydance Corporation (NASDAQ:PSKY) is a leading media and entertainment company. The one-month return for Paramount Skydance Corporation (NASDAQ:PSKY) was -14.66%, and its shares gained 29.06% over the last 52 weeks. On December 29, 2025, Paramount Skydance Corporation (NASDAQ:PSKY) stock closed at $13.50 per share, with a market capitalization of $14.893 billion.

Contrarius Global Equity Fund stated the following regarding Paramount Skydance Corporation (NASDAQ:PSKY) in its third quarter 2025 investor letter:

“Importantly, while there has been some rotation within the Fund, certain of the Fund’s holdings that have rerated are still regarded as extremely attractive. Our top three positions at 30 September—Tesla, Warner Bros. Discovery and Paramount Skydance Corporation (NASDAQ:PSKY) (Paramount)—have been amongst our largest holdings for some time. All three have been large contributors to performance over the past year. while Warner Bros. Discovery and Paramount have also performed well of late, they continue to trade well below our estimate of their intrinsic value. Their more recent outperformance should be seen in the context of their underperformance over prior years. While meaningful outperformers over the last year, both Warner Bros. Discovery and Paramount have been negative contributors over five years. We believe that there is substantially more value in both. Our Q2 2023 Quarterly Commentary discussed the investment case for both of these companies. In addition, while not necessary for our investment case, we believe that there are meaningful catalysts in the short to medium term from expected consolidation in the US media sector.”

In another article, we covered Paramount Skydance Corporation (NASDAQ:PSKY) and shared the list of stocks Jim Cramer recently discussed. In addition, please check out our hedge fund investor letters Q3 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.