Loomis Sayles, an investment management company, released its “Global Growth Fund” investor letter for the third quarter of 2025. A copy of the letter can be downloaded here. In the third quarter, the fund returned 7.59% compared to 7.62% for the MSCI ACWI Index Net. The firm seeks to invest in high-quality businesses that possess sustainable competitive advantages and experience profitable growth, especially when these companies are trading at a substantial discount to their intrinsic value. In addition, please check the fund’s top five holdings to know its best picks in 2025.
In its third-quarter 2025 investor letter, Loomis Sayles Global Growth Fund highlighted stocks such as Tesla, Inc. (NASDAQ:TSLA). Tesla, Inc. (NASDAQ:TSLA) designs, develops, manufactures, leases, and sells electric vehicles, as well as energy generation and storage systems. The one-month return of Tesla, Inc. (NASDAQ:TSLA) was -13.56%, and its shares gained 15.51% of their value over the last 52 weeks. On November 14, 2025, Tesla, Inc. (NASDAQ:TSLA) stock closed at $391.09 per share, with a market capitalization of $1.301 trillion.
Loomis Sayles Global Growth Fund stated the following regarding Tesla, Inc. (NASDAQ:TSLA) in its third quarter 2025 investor letter:
“Founded in 2003, Tesla, Inc. (NASDAQ:TSLA) is a global leader in the design, manufacturing, and sales of high performance fully electric (battery) vehicles (EVs). The company’s automotive unit sells its products directly to customers through its website and retail locations and continues to grow its customer-facing infrastructure through a global network of vehicle service centers, mobile service technicians, body shops, Supercharger stations, and Destination Chargers to accelerate widespread adoption of its products. Tesla also designs, manufactures, sells, and installs solar energy generation and energy storage products to residential, commercial, and industrial clients through its energy generation and storage unit. The company generated approximately 90% of its sales from its automotive segment and 10% from its energy generation and storage segment in its 2024 fiscal year. From a geographic standpoint, the US and China are the company’s two largest markets and accounted for approximately 49% and 21% of 2024 sales, respectively, while the rest of the world collectively accounts for approximately 30%.
Tesla has been a fund holding since the first quarter of 2022. During the quarter, the company put forth a new compensation plan for CEO Elon Musk that will be voted on at the company’s upcoming annual shareholder meeting in November. Following the proposed compensation package, shares may have responded positively to news that Musk had purchased $1 billion worth of company shares, which represents his first meaningful purchase since 2018. While representing a small percentage of his total net worth, we believe the investment reflects positively on his continued belief in the company’s prospects…” (Click here to read the full text)
Tesla, Inc. (NASDAQ:TSLA) is in the 23rd position on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 115 hedge fund portfolios held Tesla, Inc. (NASDAQ:TSLA) at the end of the second quarter, up from 104 in the previous quarter. While we acknowledge the risk and potential of Tesla, Inc. (NASDAQ:TSLA) 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 Tesla, Inc. (NASDAQ:TSLA) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered Tesla, Inc. (NASDAQ:TSLA) and shared the list of AI stocks making moves on Wall Street. In Q3 2025, Aristotle Atlantic Large Cap Growth Strategy’s performance was negatively impacted by Tesla, Inc.’s (NASDAQ:TSLA) underweight position. 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.
