Recurve Capital’s Updates on Cogent Communications Holdings (CCOI)

Recurve Capital, an investment management company, released its third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The composite rose moderately in the third quarter of 2025, returning +4% on a gross basis and +3% on a net basis compared to +8% return for the S&P 500 and +11% return for the Nasdaq. The AI theme gained momentum in late Q3, while many cyclical sectors of the market lagged. The letter focused on a thematic area of the investment process. In addition, you can chec ...