Conestoga Capital Advisors, an asset management company, released its fourth-quarter 2025 investor letter. US equities experienced solid returns in 2025, with double-digit gains across all major indices. A copy of the letter can be downloaded here. In 2025, the Conestoga Micro Cap Composite met its purpose of preserving capital during negative market returns and capturing upside during strong market returns. Micro Caps faced significant volatility in 2025. During the course of events, Conestoga Micro Cap Composite returned -1.91% net of fees in the fourth quarter and 16.24% net of fees for the full year 2025, trailing the Russell Microcap Growth Index’s 2.14% and 21.84% gains in the fourth quarter and full year, respectively. Please review the Strategy’s top five holdings to gain insights into their key selections for 2025.
In its fourth-quarter 2025 investor letter, Conestoga Capital Advisors highlighted stocks like Oddity Tech Ltd. (NASDAQ:ODD). Oddity Tech Ltd. (NASDAQ:ODD), a consumer tech company, builds a digital-first brand for the beauty and wellness market. On February 19, 2026, Oddity Tech Ltd. (NASDAQ:ODD) stock closed at $30.59 per share. One-month return of Oddity Tech Ltd. (NASDAQ:ODD) was -13.64%, and its shares lost 30.48% over the last 52 weeks. Oddity Tech Ltd. (NASDAQ:ODD) has a market capitalization of about $1.757 billion.
Conestoga Capital Advisors stated the following regarding Oddity Tech Ltd. (NASDAQ:ODD) in its fourth quarter 2025 investor letter:
“Oddity Tech Ltd. (NASDAQ:ODD) is a consumer technology platform built to transform the global beauty and wellness industry. ODD builds and scales digital-first brands with artificial intelligence, molecular discovery, computer vision, and a data science-based online platform. The company monetizes all products on a direct-to-consumer basis and has no wholesale exposure. ODD has scaled their business quickly, achieving greater than 20% operating margins while still growing their revenue base by greater than 20% to an estimated $800 million in 2025. The company is founder-led by Oran Holtzman, who also owns more than 20% of the shares outstanding.”
Oddity Tech Ltd. (NASDAQ:ODD) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 31 hedge fund portfolios held Oddity Tech Ltd. (NASDAQ:ODD) at the end of the third quarter, compared to 36 in the previous quarter. While we acknowledge the risk and potential of Oddity Tech Ltd. (NASDAQ:ODD) 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 Oddity Tech Ltd. (NASDAQ:ODD) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered Oddity Tech Ltd. (NASDAQ:ODD) and shared a list of best FMCG stocks to invest in according to analysts. 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.
