Longleaf Partners, managed by Southeastern Asset Management, released its fourth-quarter 2025 investor letter for “Longleaf Partners Global Fund”. A copy of the letter can be downloaded here. The Fund returned 5.27% in the quarter, compared to the MSCI World’s 3.12 % and the MSCI World Value’s 3.34% return. The Fund returned 16.72% for the year, compared to 21.09% and 20.79% returns, respectively, for the indexes. 2025 was a solid year for the Fund, celebrating Southeastern’s 50th anniversary and the 25th anniversary of the global strategy. Underweight exposure in Financials and choosing to hold cash, along with a lack of late-in-the-cycle Industrials, led to the underperformance of the Fund in the year. Please review the Fund’s top five holdings to gain insights into their key selections for 2025.
In its fourth-quarter 2025 investor letter, Longleaf Partners Global Fund highlighted stocks like Angi Inc. (NASDAQ:ANGI). Angi Inc. (NASDAQ:ANGI) is an internet services company that connects home professionals with consumers. In April 2025, IAC completed its spinoff of Angi Inc. (NASDAQ:ANGI). On March 19, 2026, Angi Inc. (NASDAQ:ANGI) stock closed at $7.63 per share. One-month return of Angi Inc. (NASDAQ:ANGI) was -9.27%, and its shares lost 51.09% over the past 52 weeks. Angi Inc. (NASDAQ:ANGI) has a market capitalization of $329.239 million.
Longleaf Partners Global Fund stated the following regarding Angi Inc. (NASDAQ:ANGI) in its fourth quarter 2025 investor letter:
“IAC, MGM Resorts and Angi Inc. (NASDAQ:ANGI) – The related group of IAC, MGM Resorts and Angi contributed strongly in aggregate this year. Digital holding company IAC has signaled its plans to dispose of all assets besides People Inc. and an approximate 25% stake in MGM. One specific simplification move IAC made this year was the spinoff of Angi, the home services marketplace. We purchased more Angi shares post-spin at a depressed price and then sold our position as evidence of their multi-year turnaround heading down the right path caused the stock to reach our appraisal.”
Angi Inc. (NASDAQ:ANGI) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 20 hedge fund portfolios held Angi Inc. (NASDAQ:ANGI) at the end of the fourth quarter, compared to 25 in the previous quarter. While we acknowledge the risk and potential of Angi Inc. (NASDAQ:ANGI) 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 Angi Inc. (NASDAQ:ANGI) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered Angi Inc. (NASDAQ:ANGI) and shared the list of spin-off companies in 2025. 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.
