Immersion Investment Partners’ Q2 2026 Investor Letter

Immersion Investment Partners, an investment management company, released its second-quarter 2025 investor letter. Immersion Investment Partners returned 39.1% in the second quarter, surpassing the Russell 2000 Index’s 21.5% gain. The market started valuing their non-AI investments more rationally in the quarter, focusing on strong management, revenue growth, and improving cash flow. The firm capitalized on market selloffs due to macroeconomic factors unrelated to company fundamentals, increasing positions at lower prices, which led to gains in several holdings as they rebounded in the second quarter. In addition, please check the firm’s top five holdings to know its best picks in 2026.

A copy of Immersion Investment Partners’ Q2 2026 investor letter can be downloaded here.