Core Insights - Oakmark Global Fund's objective is long-term capital appreciation through investments in a diverse range of U.S. and non-U.S. companies, with a focus on all market-cap companies [1] - In Q4 2025, the fund achieved a return of 5.23%, outperforming the MSCI World Index, which gained 3.12% [1] Company Performance - Alibaba Group Holding Limited (NYSE:BABA) was highlighted as a significant stock in the fund's Q4 2025 investor letter, with a one-month return of 13.54% and a 52-week gain of 102.58% [2] - As of January 12, 2026, Alibaba's stock closed at $167.01 per share, with a market capitalization of $398.707 billion [2] Challenges and Outlook - Alibaba was noted as the top detractor in the fund during Q4 2025 due to mixed results, despite strong performance in its core e-commerce business and accelerating cloud revenue growth [3] - The company's earnings were negatively impacted by significant spending on subsidies for its Quick Commerce business, but there is an expectation that losses will decrease over time [3] - Alibaba is considered well-positioned for long-term growth, leveraging its early investments in AI to unlock further value [3] Market Position - Alibaba ranks 17th among the 30 Most Popular Stocks Among Hedge Funds, with 130 hedge fund portfolios holding its shares at the end of Q3 2025, an increase from 101 in the previous quarter [4] - In Q1 2026, Alibaba reported revenue of RMB 247.7 billion, indicating its strong market presence [4]

Sustainable Growth Advisers (SGA), an investment management company, released its third-quarter investor letter for its “Global Growth Strategy.” A copy of the letter can be downloaded here. The portfolio returned -2.3% (Gross) and -2.5% (Net) in the third quarter, compared to a 7.6% return for the MSCI ACWI and a 9.0% return for the MSCI ACWI Growth. The index returns were fueled by enthusiasm for AI, whereas factors aligned with SGA’s strategy, like quality and sales stability, lagged. SGA’s investment ob ...

Chautauqua Capital Management, a division of Baird Asset Management, is a boutique investment firm that released its third-quarter 2025 investor letter for the “Baird Chautauqua International and Global Growth Fund”. A copy of the letter can be downloaded here. Global equity markets delivered solid results in the third quarter, driven by the resolution of significant trade conflicts and a shift in U.S. monetary policy toward a more dovish stance. Baird Chautauqua International Growth Fund underperformed the ...

Core Insights - Global Alpha Capital has increased its stake in Genius Sports Limited by purchasing 537,900 shares, bringing its total holdings to 4,733,700 shares valued at approximately $58.60 million as of the end of the third quarter [2][3] - Genius Sports reported a significant sales growth of 38% in the last quarter, indicating strong performance in the sports data and technology sector [1][11] - The company currently has a market capitalization of $2.57 billion and trades at a price of $10.75 per share, reflecting an 11% increase over the previous year [4][3] Company Overview - Genius Sports Limited is a leading provider of technology and data-driven services to the sports, sports betting, and media sectors, leveraging proprietary technology for live data collection and distribution [6][8] - The company serves over 400 sports leagues, more than 650 sportsbooks, and 250 brands, providing a comprehensive suite of data, streaming, marketing, and integrity solutions [11][9] - Genius Sports has established contracts with major partners, including the English Premier League, NCAA, NBA, and holds a 10% stake from the NFL, aligning incentives for continued collaboration [12][11] Financial Metrics - The company reported a trailing twelve months (TTM) revenue of $604.52 million, with a net income of -$119.17 million, indicating ongoing challenges in achieving profitability [4][11] - Genius Sports' stock-based compensation currently accounts for 24% of its revenue, which may impact future profitability if not managed [12] - The stock is trading at 36 times forward earnings, suggesting a premium valuation relative to its growth potential and market position [13]

Group 1: JB Global Capital Fund Performance - JB Global Capital's fund gained 38.4% in Q3 2025, reaching an all-time high at quarter-end [1] - Since its inception on January 3, 2023, the fund has returned 76.4%, significantly outperforming its benchmark [1] - The strong performance is attributed to a heavy overweight in Chinese equities throughout 2023 and 2024 [1] Group 2: Alibaba Group Holding Limited (NYSE:BABA) Performance - Alibaba's one-month return was 16.52%, and its shares gained 65.74% over the last 52 weeks, closing at $181.12 on October 8, 2025, with a market cap of $423.304 billion [2] - In the June quarter, Alibaba reported $34.6 billion in revenue and $6 billion in net income, with a strategy focused on aggressive growth leveraging ~$82 billion in cash [3] - Alibaba has entered a price war in the quick commerce space, gaining substantial market share from Meituan while increasing spending only modestly [3] Group 3: Hedge Fund Interest and Future Outlook - Alibaba is the 17th most popular stock among hedge funds, with 101 hedge fund portfolios holding its shares at the end of Q2 2025, down from 125 in the previous quarter [4] - In Q1 2026, Alibaba reported revenue of RMB 247.7 billion [4] - While Alibaba is recognized for its potential, certain AI stocks are suggested to offer greater upside potential with less downside risk [4]