American Century Investments, an investment management company, released its fourth-quarter 2025 investor letter for the “American Century Investments Small Cap Value Fund.” A copy of the letter is available to download here. U.S. stocks advanced during the quarter, with large-cap stocks slightly outperforming small-cap stocks, while both groups did better than mid-cap stocks. Across all market capitalization categories, value-style stocks surpassed growth-style stocks. The economy grew at an annualized rate of 4.3% in the third quarter, compared to 3.8% in the previous quarter, and corporate earnings also showed improvement. Although inflation eased, unemployment rose to 4.6% in November. The Fund recorded a return of -1.06% (Investor) for the quarter, while the Russell 2000 Value Index returned 3.26%. This underperformance of the Fund can be attributed to both allocation choices and stock selection. Please review the Fund’s top five holdings to gain insights into their key selections for 2025.
In its fourth-quarter 2025 investor letter, American Century Investments Small Cap Value Fund highlighted stocks like Patrick Industries, Inc. (NASDAQ:PATK). Patrick Industries, Inc. (NASDAQ:PATK) is a US-based manufacturer and distributor of components for recreational vehicle, marine, powersports, manufactured housing, and industrial markets. On April 2, 2026, Patrick Industries, Inc. (NASDAQ:PATK) closed at $114.54 per share. One-month return of Patrick Industries, Inc. (NASDAQ:PATK) was -1.10%, and its shares gained 45.73% over the past 52 weeks. Patrick Industries, Inc. (NASDAQ:PATK) has a market capitalization of $3.81 billion.
American Century Investments Small Cap Value Fund stated the following regarding Patrick Industries, Inc. (NASDAQ:PATK) in its fourth quarter 2025 investor letter:
“Patrick Industries, Inc. (NASDAQ:PATK). Although this provider of components for recreational vehicle and housing end markets gained market share and performed well in late 2024 and 2025, we exited our position as shares rose above their long-term average.”
Patrick Industries, Inc. (NASDAQ:PATK) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 24 hedge fund portfolios held Patrick Industries, Inc. (NASDAQ:PATK) at the end of the fourth quarter, compared to 29 in the previous quarter. While we acknowledge the risk and potential of Patrick Industries, Inc. (NASDAQ:PATK) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Patrick Industries, Inc. (NASDAQ:PATK) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered Patrick Industries, Inc. (NASDAQ:PATK) and shared the list of best strong buy dividend stocks to invest in. In addition, please check out our hedge fund investor letters Q4 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.
