Group 1 - The 13D Activist Fund reported a Q3 2025 return of 8.88%, underperforming the Russell 2000 Index which returned 12.39% [1] - The Russell 2000 outperformed the S&P 500 by the largest margin in three years, with returns of 12.39% compared to the S&P 500's 8.12% [1] - The fund expressed satisfaction with its performance but acknowledged the need for improvement relative to the market [1] Group 2 - Workiva Inc. (NYSE:WK) was highlighted as a key investment, with a one-month return of 5.95% and a 52-week loss of 8.65% [2] - As of December 03, 2025, Workiva Inc. had a stock price of $92.08 and a market capitalization of $5.168 billion [2] - The fund noted that Irenic Capital, an activist investor, has been involved with Workiva Inc. and focuses on strategic activism, including recommendations for spinoffs and sales of businesses [3]
Should You Invest in Workiva (WK)?