Tourlite Capital Management, an investment management firm, released its third-quarter 2025 investor letter. Tourlite Fund, LP returned -2.0% in the third quarter of 2025 compared to 8.1% and 12.4% returns for the S&P 500 and the Russell 2000 Indexes. Since its inception, the fund has achieved annualized returns of 8.6%, compared to 13.4% and 6.3% for the Indexes, respectively. The firm observed that the rise in speculative, lower-quality stocks is similar to the trend seen in late 2021. In addition, please check the fund’s top five holdings to know its best picks in 2025.
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