Group 1 - Loomis Sayles Small/Mid Cap Growth Fund reported an 8.49% return in Q2 2025, underperforming the Russell 2500 Growth Index which returned 11.31% [1] - The fund's underperformance was attributed to security selection within the consumer discretionary and financials sectors [1] - The fund highlighted Circle Internet Group (NYSE:CRCL) as a top contributor to performance, emphasizing its role in the stablecoin market with USDC [3] Group 2 - Circle Internet Group (NYSE:CRCL) experienced a one-month return of -11.48% and a three-month decline of 17.04%, closing at $125.32 per share with a market capitalization of $31.967 billion on September 12, 2025 [2] - The potential long-term use cases for Circle's USDC include cross-border and consumer payments, which could significantly increase its market capitalization [3] - At the end of Q2 2025, 39 hedge fund portfolios held Circle Internet Group, a notable increase from zero in the previous quarter [4]
What Makes Circle Internet Group (CRCL) a Good Long-Term Holding?