Alibaba Group Holding (BABA) Limited Reported a Good Q3

Core Insights - Chautauqua Capital Management's third-quarter 2025 investor letter indicates that global equity markets performed well due to the resolution of trade conflicts and a dovish shift in U.S. monetary policy [1] - The Baird Chautauqua International Growth Fund and the Baird Chautauqua Global Growth Fund underperformed their respective benchmarks, primarily due to poor stock selection in the information technology, financials, and industrials sectors [1] Fund Performance - The Baird Chautauqua International Growth Fund lagged behind the MSCI ACWI ex-U.S. Index - ND, while the Baird Chautauqua Global Growth Fund also trailed the MSCI ACWI Index – ND [1] - Stock selection in the information technology, financials, and industrials sectors was the main detractor from returns for both funds [1] Alibaba Group Holding Limited (NYSE:BABA) - Alibaba's stock experienced a one-month return of -8.55% but gained 73.79% over the last 52 weeks, closing at $147.36 per share with a market capitalization of $147.36 billion on December 30, 2025 [2] - The company reported strong performance in its e-commerce and cloud businesses, with e-commerce growth driven by Quick Commerce and improved take rates, while cloud revenue grew by 26% [3] - AI-related product revenue accounted for over 20% of external customer revenue and is expected to accelerate further [3] Hedge Fund Interest - Alibaba is ranked 17th among the 30 Most Popular Stocks Among Hedge Funds, with 130 hedge fund portfolios holding its stock at the end of the third quarter, an increase from 101 in the previous quarter [4] - The company reported revenue of RMB 247.7 billion in the fiscal first quarter of 2026 [4]