Core Insights - L1 Long Short Fund's portfolio achieved a return of 13.3% in Q3 2025, with a year-to-date performance of 28.7%, driven by dovish Fed commentary, strong U.S. earnings, and momentum in A.I. investments [1] - The fund's performance was bolstered by rising Gold and Copper prices, with 19 stocks contributing over 0.5% to returns [1] Company Overview: CRH plc (NYSE:CRH) - CRH plc, a building materials solutions provider based in Dublin, Ireland, saw a one-month return of 15.90% and a 52-week gain of 29.69%, closing at $126.99 per share with a market capitalization of $85.003 billion on December 11, 2025 [2] - The company reported strong Q2 earnings and upgraded its full-year EBITDA guidance, managing to offset adverse weather and a subdued U.S. residential market [3] - U.S. infrastructure spending remains robust, with less than 40% of the Infrastructure Investment and Jobs Act (IIJA) spending deployed, indicating potential medium-term tailwinds for infrastructure spending [3] Investment Sentiment - CRH plc is not among the 30 most popular stocks among hedge funds, with 102 hedge fund portfolios holding the stock at the end of Q3, up from 89 in the previous quarter [4] - While CRH is recognized for its potential, certain A.I. stocks are viewed as having greater upside potential and less downside risk [4]