Lakehouse Capital, a Sydney-based investment manager, released its “Lakehouse Global Growth Fund” March 2025 investor letter. A copy of the letter can be downloaded here. March saw a spike in equity market volatility due to uncertainty surrounding Trump’s trade policy. The growth-focused strategy had a difficult month since markets despise uncertainty, and current events caused a widespread selloff. Against this backdrop, the Fund returned -7.4% net of fees and expenses for the month compared to -4.2% for its benchmark. Since its inception in December 2017, the Fund has returned 224.5% compared to 126.3% for its benchmark, the MSCI All Country World Index, Net Total Returns (AUD). In addition, please check the fund’s top five holdings to know its best picks in 2025.
In its March 2025 investor letter, Lakehouse Global Growth Fund emphasized stocks such as Tradeweb Markets Inc. (NASDAQ:TW). Tradeweb Markets Inc. (NASDAQ:TW) is a global financial technology company that builds and operates electronic marketplaces. The one-month return of Tradeweb Markets Inc. (NASDAQ:TW) was -5.87%, and its shares gained 21.78% of their value over the last 52 weeks. On April 8, 2025, Tradeweb Markets Inc. (NASDAQ:TW) stock closed at $125.47 per share with a market capitalization of $27.407 billion.
Lakehouse Global Growth Fund stated the following regarding Tradeweb Markets Inc. (NASDAQ:TW) in its March 2025 investor letter:
“Tradeweb Markets Inc. (NASDAQ:TW) has been part of the Fund for just under two years. The company continues to strengthen its presence across asset classes that are still in the early stages of electronic trading adoption. February’s strong trading volumes further solidify the company’s leadership in its core market being rates or government bonds. More notably, Tradeweb has secured the top position in electronic trading for U.S. high-grade credit, capturing a 17.8% market share—driven by advancements in trading protocols and growth in portfolio trading. At the same time, the company is expanding into emerging asset classes, further diversifying its portfolio of offerings. With the structural shift toward market electronification and the backdrop of ongoing market volatility, we believe Tradeweb remains well-positioned for continued success.”
Tradeweb Markets Inc. (NASDAQ:TW) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 45 hedge fund portfolios held Tradeweb Markets Inc. (NASDAQ:TW) at the end of the fourth quarter compared to 32 in the third quarter. While we acknowledge the potential of Tradeweb Markets Inc. (NASDAQ:TW) 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.
We covered Tradeweb Markets Inc. (NASDAQ:TW) in another article, where we shared the list of best aggressive growth stocks to buy according to hedge funds. 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.