RiverPark Advisors, an investment advisory firm and sponsor of the RiverPark family of mutual funds, released its “RiverPark Large Growth Fund” Q4 2025 investor letter. A copy of the letter can be downloaded here. The US stock market delivered modest gains in the quarter with the S&P 500 index (“S&P”) and the Russell 1000 Growth index (“RLG”) returning 2.6% and 1.1%, respectively. The Fund appreciated by 1.4% during the same period. For the full year, the Fund was up 13.3% vs. 17.4% and 18.6% gains, respectively, for the indexes. The performance in the Russell 1000 Growth Index was uneven. Market leadership remains concentrated, but underlying divergence has deepened. Investors preferred companies with durable earnings and progress in monetizing growth, especially in health care and parts of the AI value chain. The Fund is optimistic that its portfolio consists of attractively valued companies benefiting from strong growth trends and expected to generate significant cash flow. Please review the Fund’s top five holdings to gain insights into their key selections for 2025.
In its fourth-quarter 2025 investor letter, RiverPark Large Growth Fund highlighted stocks like Meta Platforms, Inc. (NASDAQ:META). Meta Platforms, Inc. (NASDAQ:META) is a multinational technology company that develops products to connect people. On March 24, 2026, Meta Platforms, Inc. (NASDAQ:META) stock closed at $592.92 per share. One-month return of Meta Platforms, Inc. (NASDAQ:META) was -9.30%, and its shares lost 2.96% of their value over the last 52 weeks. Meta Platforms, Inc. (NASDAQ:META) has a market capitalization of $1.5 trillion.
RiverPark Large Growth Fund stated the following regarding Meta Platforms, Inc. (NASDAQ:META) in its fourth quarter 2025 investor letter:
“Meta Platforms, Inc. (NASDAQ:META): Meta shares declined in the fourth quarter despite delivering strong Q3 2025 results. The company reported revenue of $51.2 billion, up 26% year-over-year and above consensus estimates of $49.5 billion. Adjusted EPS came in at $7.25, exceeding expectations of $6.70, driven by robust advertising growth across Facebook, Instagram, and Threads. However, the stock fell as management guided 2026 total expenses to $78–82 billion, roughly 10–15% above analyst forecasts, reflecting sharply higher planned investment in AI infrastructure and data centers. The market reacted negatively to the prospect of sustained margin pressure and extended payback periods on these capital commitments.
Despite near-term headwinds, we believe Meta remains an attractive long-term compounder. The company’s global user base, leading advertising platforms, and rapid progress in AI-driven engagement and commerce provide multiple growth vectors. As investments in infrastructure mature, Meta should emerge with enhanced monetization capabilities across both existing and emerging digital ecosystems.”
Meta Platforms, Inc. (NASDAQ:META) ranks 5th on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 256 hedge fund portfolios held Meta Platforms, Inc. (NASDAQ:META) at the end of the fourth quarter, compared to 273 in the previous quarter. While we acknowledge the risk and potential of Meta Platforms, Inc. (NASDAQ:META) 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 Meta Platforms, Inc. (NASDAQ:META) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered Meta Platforms, Inc. (NASDAQ:META) and shared stock picks from Jim Cramer stock portfolio. 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.
