Andvari Associates, an investment management firm, released its first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter the fund returned 7.2% net of fees compared to the SPDR S&P 500 ETF’s 4.3% decline. In addition, you can check the fund’s top 5 holdings to find out its best picks for 2025.
In its first quarter 2025 investor letter, Andvari Associates emphasized stocks such as Altria Group, Inc. (NYSE:MO). Altria Group, Inc. (NYSE:MO) is a US-based smokeable and oral tobacco products manufacturer. The one-month return of Altria Group,...
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