In This Article:
Ace River Capital, an investment management company, released its first-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned -14.37% in the first quarter, compared to -4.3% and -9.5% returns for the S&P 500 (SPX) and the Russell 2000 (RTY), respectively. The firm’s goal is to maintain a focused portfolio of small and micro-cap companies with distinct advantages and growth potential within their respective sectors. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.
In its first-quarter 2025 investor letter, Ace River Capital highlighted stocks such as Vox Royalty Corp. (NASDAQ:VOXR). Vox Royalty Corp. (NASDAQ:VOXR) is a mining royalty company. The one-month return of Vox Royalty Corp. (NASDAQ:VOXR) was 9.18%, and its shares gained 60.50% of their value over the last 52 weeks. On May 7, 2025, Vox Royalty Corp. (NASDAQ:VOXR) stock closed at $3.21 per share with a market capitalization of $163.19 million.
Ace River Capital stated the following regarding Vox Royalty Corp. (NASDAQ:VOXR) in its Q1 2025 investor letter:
"Vox Royalty Corp. (NASDAQ:VOXR) stands to bene t from the run up in gold price. The economic uncertainty brought on by the US tari s and resulting trade battles has contributed to a large increase in the price of gold, up just under 40% on the year. With gold and silver dominating the producing assets for Vox, this position has served as a hedge against the market. It has performed well during the recent decline. It will continue to be in the top one or two positions for the fund."
A closeup image of a miner holding a pile of gold nuggets, a representation of the company's royalty.
Vox Royalty Corp. (NASDAQ:VOXR) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 6 hedge fund portfolios held Vox Royalty Corp. (NASDAQ:VOXR) at the end of the fourth quarter, compared to 5 in the third quarter. While we acknowledge the potential of Vox Royalty Corp. (NASDAQ:VOXR) 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 Q1 2025 page for more investor letters from hedge funds and other leading investors.
READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks.
Disclosure: None. This article is originally published at Insider Monkey.