Soumya Eswaran
3 min read
In This Article:
Qualivian Investment Partners, an investment partnership focused on long-only public equities, released its Q1 2025 investor letter. A copy of the letter can be downloaded here. The fund outperformed the iShares MSCI USA Quality Factor ETF (QUAL) by 66.0% and 59.4% on a gross and net basis, since inception through March 31, 2025. It also exceeded the S&P 500 by 32.7% and 26.1% respectively, on a gross and net basis. In Q1 2025, the fund outperformed QUAL by 5.3% and 5.2% on a gross and net basis, and we outperformed the S&P 500 by 5.2% and 5.1% on a gross and net basis. In addition, please check the fund’s top five holdings to know its best picks in 2025.
In its first-quarter 2025 investor letter, Qualivian Investment Partners highlighted stocks such as Brown & Brown, Inc. (NYSE:BRO). Headquartered in Daytona Beach, Florida, Brown & Brown, Inc. (NYSE:BRO) provides insurance products and services. The one-month return of Brown & Brown, Inc. (NYSE:BRO) was -2.23%, and its shares gained 23.67% of their value over the last 52 weeks. On June 30, 2025, Brown & Brown, Inc. (NYSE:BRO) stock closed at $110.87 per share, with a market capitalization of $36.567 billion.
Qualivian Investment Partners stated the following regarding Brown & Brown, Inc. (NYSE:BRO) in its Q1 2025 investor letter:
"We used the proceeds to add to our current positions in Arthur J. Gallagher (AJG), Brown and Brown (BRO), Copart (CPRT), Alphabet (GOOGL), and Watsco (WSO).
A successful independent agent or broker discussing the benefits of life and health insurance with a customer.
Brown & Brown, Inc. (NYSE:BRO) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 32 hedge fund portfolios held Brown & Brown, Inc. (NYSE:BRO) at the end of the first quarter, which was 39 in the previous quarter. While we acknowledge the potential of Brown & Brown, Inc. (NYSE:BRO) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains.
