TimesSquare Capital U.S. Small Cap Growth Strategy’s Stand on ACV Auctions (ACVA)

分组1 - TimesSquare Capital Management's "U.S. Small Cap Growth Strategy" reported a gross return of 2.26% and a net return of 2.01% for Q3 2025, significantly underperforming the Russell 2000 Growth Index, which returned 12.19% [1] - The fund's top five holdings were highlighted, indicating its best investment picks for 2025 [1] - ACV Auctions Inc. (NYSE:ACVA) was noted for a one-month return of 6.69%, but its shares have decreased by 57.59% over the past 52 weeks, closing at $8.61 with a market capitalization of $1.562 billion on January 5, 2026 [2] 分组2 - ACV Auctions Inc. experienced a revenue and earnings shortfall due to a lower conversion rate of listings to transactions, attributed to macroeconomic concerns, leading management to reduce guidance for the remainder of 2025 [3] - In Q3 2025, ACV Auctions Inc. reported revenue of $200 million, reflecting a 16% year-over-year increase, but it is not among the 30 most popular stocks among hedge funds, with 39 hedge fund portfolios holding its shares, up from 36 in the previous quarter [4] - The company is viewed as having potential, but certain AI stocks are considered to offer greater upside potential with less downside risk [4]