Weitz Investment Management, an investment management firm, released its “Partners III Opportunity Fund” fourth-quarter 2024 investor letter. The fund’s Institutional Class returned +1.21% in the fourth quarter bringing the yearly returns to +16.25 compared to +2.63% and +23.8 returns for the Russell 3000 for both the periods. The firm started 2024 with modest expectations, but the year saw a double-digit gain for the Fund. The benchmark outperformed, fueled by strong investor interest in Artificial Intelligence and gains from mega-cap tech companies. In addition, you can check the...
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