RGA Investment Advisors Sold Vail Resorts Inc (MTN) in Q2, Keeps Door Open for Future Entry

RGA Investment Advisors, an investment management company, has released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The second quarter-end figures concealed the inherent volatility in the market, which began with a steep sell-off and ended with clarity around global trade that changed the environment for evaluating enterprises. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

In its second-quarter 2025 investor letter, RGA Investment Advisors highlighted stocks such as Vail Resorts, Inc. (NYSE:MTN). Headquartered in Broomfield, Colorado, Vail Resorts, Inc. (NYSE:MTN) is a mountain resort and ski area operator. The one-month return of Vail Resorts, Inc. (NYSE:MTN) was -3.82%, and its shares lost 14.09% of their value over the last 52 weeks.  On August 15, 2025, Vail Resorts, Inc. (NYSE:MTN) stock closed at $153.41 per share, with a market capitalization of $5.7 billion.

RGA Investment Advisors stated the following regarding Vail Resorts, Inc. (NYSE:MTN) in its second quarter 2025 investor letter:

“Had we known Rob Katz would return to Vail Resorts, Inc. (NYSE:MTN), we likely would not have sold our shares when we did. That said, we do not wholly regret this move and still do believe we will one day be shareholders of Vail again. This ski season ultimately did not go smoothly for Vail, with a self-inflicted, horribly managed PR crisis circus around the Park City Ski Patrol strike.2 We didn’t buy Vail expecting a turnaround but that’s what it became. Our exit reflected opportunity cost and a desire to step back while the company sort ed through reputational and operational issues. With Katz, the architect of the multi-mountain pass, back at the helm, we’re watching closely and remain open to re-entering in the future.”

Jim Cramer on Vail Resorts (MTN) – “I’m Getting Real Interested in This One”

An aerial view of a mountain resort, its snow-capped peaks and lush ski slopes revealed in all their glory.

Vail Resorts, Inc. (NYSE:MTN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 35 hedge fund portfolios held Vail Resorts, Inc. (NYSE:MTN) at the end of the first quarter, which was 35 in the previous quarter. While we acknowledge the risk and potential of Vail Resorts, Inc. (NYSE:MTN) 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 Vail Resorts, Inc. (NYSE:MTN) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Vail Resorts, Inc. (NYSE:MTN) and shared Baron Focused Growth Fund’s views on the company. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None. This article is originally published at Insider Monkey.