LVS Advisory’s Q3 2025 Investor Letter

LVS Advisory, a New York City-based full-service investment firm, recently released its third-quarter 2025 investor letter. The LVS Growth Portfolio gained 15.7% for the first three quarters, and the LVS Event-Driven Portfolio gained 10.4% for the same period, net of all fees and expenses. This compares to a 14.8% gain for the S&P 500 and a 7.3% return for the high-yield bond index. The main focus of the portfolio over the past two years has been investments in power generation businesses. The firm’s thesis is that power demand is growing faster than supply. For more information on the fund’s top picks in 2025, please check its top five holdings.

A copy of LVS Advisory’s Q3 2025 investor letter can be downloaded here.