Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Here’s Why Optimistic Fund Exited it Stake in Xponential Fitness (XPOF)

Optimist Fund, an investment management company, released its fourth quarter investor letter. A copy of the letter can be downloaded here. 2024 proved to be another impressive year for the fund, with a return of around 67%. Since the fund's inception, it has achieved approximately 15% annualized returns, net of fees, and the firm is nearing its 3-year anniversary. The firm believes that the portfolio has significant upside over the next 5 years. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2024.

Optimist Fund highlighted stocks like Xponential...