LRT Capital Management, an investment management company, released its “LRT Global Opportunities Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy leverages a systematic long/short approach to generate positive returns while effectively controlling downside risks and maintaining low net exposure to the equity markets. In September, the strategy returned -8.00% (net), and the YTD return was -0.17%.  It was a challenging month for the strategy, as the mark ...

Group 1: Fund Performance - Mairs & Power Balanced Fund returned 2.66% in the first half of 2025, underperforming benchmark composite indexes which were up 5.43% and the Morningstar Moderate Allocation peer group which rose 5.67% [1] - The quarter began with significant challenges including tariff uncertainty, conflicts in the Middle East, and rising national debt, but the dollar rebounded to rise 25% by the end of the quarter [1] Group 2: The Toro Company (NYSE:TTC) - The Toro Company reported a one-month return of -6.58% and a 52-week loss of 10.23%, with a market capitalization of $7.546 billion as of September 23, 2025 [2] - The Fund's overweight position in the Industrials sector initially aided results, but poor selection within the sector, particularly with The Toro Company, led to a negative overall impact for the Fund due to slowing revenue growth and lowered guidance [3] - The Toro Company was held by 36 hedge fund portfolios at the end of the second quarter, a slight decrease from 37 in the previous quarter, indicating a potential decline in popularity among hedge funds [4]