Hinde Group’s Q4 2025 Investor Letter

Hinde Group, an investment management company, has released its fourth-quarter 2025 investor letter. Financial markets had a relatively quiet fourth quarter, with the S&P 500 staying close to its starting point. The portfolio underperformed the S&P 500 on a mark-to-market basis in the fourth quarter, returning -3.66% (gross) and -4.02% (net) vs. 2.66% for the Index. The AI investment boom remains a key theme of the U.S. economy. Recently, Big Tech companies announced plans to invest over $660 billion in capital expenditures for 2026, primarily for AI chips and data centers, marking an almost 80% increase from their significant investments in 2025. The firm is optimistic about the current positions in the portfolio and aims to strengthen them further throughout 2026. In addition, please check the Portfolio’s top five holdings to know its best picks in 2025.

A copy of Hinde Group’s Q4 2025 investor letter can be downloaded here.