Greenhaven Road Capital’s Q2 2025 Investor Letter

Greenhaven Road Capital, an investment management company, released its second-quarter 2025 investor letter. In the second quarter, the fund returned approximately +14% net of fees and expenses, bringing the YTD returns to under +1%. YTD, the Russell 2000 has returned -1.8%. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

A copy of Greenhaven Road Capital’s Q2 2025 investor letter can be downloaded here.