Core Insights - The third quarter of 2025 was marked by strong performance in US equities, driven by optimism regarding the Federal Reserve's dovish stance and a boom in artificial intelligence (AI) [1] - Mar Vista U.S. Quality Strategy reported a return of +3.29% net of fees, underperforming compared to the Russell 1000 Index (+8.00%) and the S&P 500 Index (+8.12%) [1] Company Highlights: Amphenol Corporation (NYSE:APH) - Amphenol Corporation's stock experienced a one-month return of 5.63% and a remarkable 93.70% increase over the past 52 weeks, closing at $125.79 per share with a market capitalization of $153.58 billion on October 8, 2025 [2] - The company reported strong Q2 results and an optimistic Q3 outlook, with revenue growth driven by AI-related product design wins, particularly contributions to NVIDIA's Blackwell NVL platform expected to ramp in the second half of 2025 [3] - Amphenol benefits from a diversified portfolio across various end markets, capitalizing on the trend of increased connectivity and intelligence in devices, while maintaining best-in-class margins and returns on invested capital [3] Market Position and Hedge Fund Interest - Amphenol Corporation was held by 81 hedge fund portfolios at the end of Q2 2025, an increase from 69 in the previous quarter, indicating growing interest among institutional investors [4] - The company's second quarter sales surged by 57% in U.S. dollars and 56% in local currencies, reaching $5.650 billion [4]