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River Oaks Capital, an investment management company, released its fourth-quarter investor letter. A copy of the letter can be downloaded here. For the one year period, the fund returned 23.9% compared to the Russell 2000 TR’s 11.5% return and the Russell Microcap TR’s 13.7% return. In addition, please check the fund’s top five holdings to know its best picks in 2024.
In its fourth quarter 2024 investor letter, River Oaks Capital emphasized stocks such as Innovative Food Holdings, Inc. (OTC:IVFH). Innovative Food Holdings, Inc. (OTC:IVFH) is a specialty food and food related products distributor. The one-month return of Innovative Food Holdings, Inc. (OTC:IVFH) was 2.44%, and its shares gained 126.20% of their value over the last 52 weeks. On February 20, 2025, Innovative Food Holdings, Inc. (OTC:IVFH) stock closed at $2.10 per share with a market capitalization of $107.38 million.
River Oaks Capital stated the following regarding Innovative Food Holdings, Inc. (OTC:IVFH) in its Q4 2024 investor letter:
"Innovative Food Holdings, Inc. (OTC:IVFH is a nationwide specialty food distributor to the food service industry. It is our sixth largest position and has a market cap of $95m. Like many transportation industries that get certain items from point A to point B, the food distribution system is no different. It is separated into bulk shipping – called broadline food distributors and specialty shipping – called specialty food distributor
Workers bottling plant-based meat products on an automated production line.
Innovative Food Holdings, Inc. (OTC:IVFH) is not on our list of 30 Most Popular Stocks Among Hedge Funds. While we acknowledge the potential of Innovative Food Holdings, Inc. (OTC:IVFH) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
In addition, please check out our hedge fund investor letters Q4 2024 page for more investor letters from hedge funds and other leading investors.