The London Company Income Equity Strategy’s Q3 2025 Investor Letter

The London Company, an investment management company, released “The London Company Income Equity Strategy” third-quarter 2025 investor letter. US equities continued their rally in the third quarter, driven by the Fed rate cut, solid corporate earnings, and enthusiasm around AI. In the third quarter, the portfolio appreciated 6.0% gross (5.8% net) compared to a 5.3% increase in the Russell 1000 Value Index. Positive stock section led the outperformance of the portfolio in the quarter, but was partially offset by sector exposure headwinds. Please review the fund’s top 5 holdings to gain insight into their key selections for 2025.

A copy of The London Company Income Equity Strategy’s Q3 2025 investor letter can be downloaded here.