Lakehouse Global Growth Fund Sold LVMH Moët Hennessy – Louis Vuitton, Société Européenne (LVMUY) Due to Softening Market Sentiment

Lakehouse Capital, a Sydney-based investment manager, released its “Lakehouse Global Growth Fund” annual investor letter. A copy of the letter can be downloaded here. The year was strong for the fund despite volatility, backed by the new US administration. The fund returned 33.4% net of fees and expenses compared to 18.4% for its benchmark. Since its inception in December 2017, the Fund has returned 254.4% compared to 139.9% for its benchmark, the MSCI All Country World Index, Net Total Returns (AUD). In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, Lakehouse Global Growth Fund highlighted stocks such as LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY). LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) is a luxury goods company. The one-month return of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) was 2.29%, and its shares lost 21.38% of their value over the last 52 weeks. On September 26, 2025, LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) stock closed at $120.77 per share, with a market capitalization of $299.942 billion.

Lakehouse Global Growth Fund stated the following regarding LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) in its second quarter 2025 investor letter:

“LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) is one where we don’t have much to add. The founder-led business remains the dominant player in luxury goods globally and was a positive contributor to Fund performance over the course of its life. But as we shared in last year’s annual letter, we had started to see early signs that the luxury segment was beginning to soften in the face of a weaker macro backdrop. While the share price proved resilient for a time, we took advantage of that strength to steadily reduce our holding, gradually trimming it down to the Fund’s smallest position. As the year progressed and the outlook failed to improve, we made the decision to exit our small remaining stake in April.”

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 2 hedge fund portfolios held LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) at the end of the second quarter, same as 2 in the previous quarter. While we acknowledge the risk and potential of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) 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 LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In addition, please check out our hedge fund investor letters Q2 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.