Heartland Opportunistic Value Equity Strategy’s Q2 2025 Investor Letter

Heartland Advisors, an investment management company, released its “Heartland Opportunistic Value Equity Strategy” second-quarter 2025 investor letter. In the quarter, investors’ sentiments shifted to a more optimistic tone as concerns about a recession were overblown. The strategy returned 0.65% in the quarter, compared to a 3.84% return for the Russell 3000 Value Index. Stock selection was negative in 7 of the 11 sectors, primarily driven by the Industrials and Financials sectors. In...