Hinde Group, an investment management company, has released its first-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned -0.50% (gross) and -0.87% (net) compared to -4.27% for the S&P 500 Total Return. Upon taking office on January 20, Trump immediately began implementing his policy agenda. The President’s trade policies weighed on financial markets in the quarter. You can check the fund’s top 5 holdings for its best picks for 2025.
In its first-quarter 2025 investor letter, Hinde Group highlighted stocks such as Uber Technologies, Inc. (NYSE:UBER). Uber Technologies, Inc. (NYSE:UBER) develops and operates proprietary technology applications that operate through Mobility, Delivery, and Freight segments. The one-month return of Uber Technologies, Inc. (NYSE:UBER) was -5.90%, and its shares gained 18.64% of their value over the last 52 weeks. On June 18, 2025, Uber Technologies, Inc. (NYSE:UBER) stock closed at $83.44 per share, with a market capitalization of $174.487 billion.
Hinde Group stated the following regarding Uber Technologies, Inc. (NYSE:UBER) in its Q1 2025 investor letter:
“With operations in more than 10,000 cities across 72 countries and gross bookings expected to exceed $180 billion this year, Uber Technologies, Inc. (NYSE:UBER) is one of the largest transportation network companies in the world. Each month, Uber helps more than 170 million users meet their mobility and delivery needs by connecting them with more than 7 million independent drivers and couriers. Uber’s mobility and delivery services are enabled by a highly sophisticated and efficient technology platform that automatically manages and optimizes demand prediction, matching & dispatching, routing, pricing, and personalization, among other functions. Uber has a leading category position in eight of its top ten mobility and delivery markets.
Like Interactive Brokers, Uber has no material, direct exposure to Trump’s tariffs or the associated retaliatory tariffs. Major components of Uber’s cost structure include insurance, credit card processing fees, data center and communications expenses, employee compensation, advertising expenses and rent. Tariffs only directly impact Uber’s cost structure in minor ways. Uber may have to pay more for computers and data center equipment, but the impact will be insignificant in the context of the company’s overall cost structure and will phase in gradually over time…” (Click here to read the full text)
A close up view of a hand holding a smartphone, using a ride sharing app.
Uber Technologies, Inc. (NYSE:UBER) is in 10th position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 145 hedge fund portfolios held Uber Technologies, Inc. (NYSE:UBER) at the end of the first quarter, which was 166 in the previous quarter. While we acknowledge the potential of Uber Technologies, Inc. (NYSE:UBER) 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 another article, we covered Uber Technologies, Inc. (NYSE:UBER) and shared the list of best growth stocks under $100 to buy. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of UBER as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
