Southernnsun Asset Management, an investment management company, LLC, released the "Southernsun Small Cap Strategy" for investor letters for the first quarter of 2025. A copy of the letter can be downloaded here. In the first quarter, the total number of the strategy was -11.32% (net -11.48%), while the Russell 2000 index had a return of -9.48% and the Russell 2000 value index had a return of -7.74%. The total number of this strategy was -12.55% (net -13.21%), while the indexes during the same period were -4.01% and -3.12%, respectively. Also, check the top 5 holdings of this strategy for the best options for 2025.
Southernnsun Small Cap Strategy highlighted stocks such as Modine Manufacturing Company (NYSE:MOD) in its first-quarter 2025 investor letter. Modine Manufacturing Company (NYSE:MOD) provides thermal management products and solutions. Modine Manufacturing Company (NYSE:MOD) has a one-month return of 5.71%, and its stock has lost 15.08% of its value in the past 52 weeks. On April 25, 2024, Modine Manufacturing Company (NYSE:MOD) closed at $81.13 per share, with a market value of $4.265 billion.
The Southernnsun Small Cap strategy points out the following about Modine Manufacturing Company (NYSE:MOD) in its Q1 2025 Investor Lettle:
Modine Manufacturing Company (NYSE:MOD) is a 100-year-old popular management company located in Racine, Wisconsin. The company began producing heat exchangers for tractors, but quickly expanded into the automotive market and became a major supplier of heat exchangers for leading automakers. With the demand for cars increasing significantly in the 20th century, Modine expanded operations worldwide. However, as the automotive market matures and becomes more competitive, the growth of MOD slows down, and the company has undergone many restructurings to put its business into practice. The company tried to diversify the HVAC industry by purchasing Airedale in 2005 and Luvata in 2016, but management lacked a clear strategic vision, while the traditional automotive business continued to attract most of the time and resources.
The technicians in the factory assembled the gas equipment heater.
Modine Manufacturing Company (NYSE:MOD) is not among the 30 most popular stocks in hedge funds. According to our database, at the end of the fourth quarter, 43 hedge fund portfolios ended Modine Manufacturing Company (NYSE:MOD) in the fourth quarter, compared with 32 in the third quarter. Although we acknowledge the potential of Modine Manufacturing Company (NYSE:MOD) as an investment, our belief is that AI stocks have greater hope to offer higher returns and do so in a shorter time frame. If you are looking for AI stocks that are as promising as NVIDIA but have less than 5 times its earnings, check out our report Cheapest AI stocks.
In another post, we introduced Modine Manufacturing Company (NYSE:MOD) and shared the statements from Wall Street analysts, sharing the best list of Guru stocks. Also, check out our Hedge Fund Investor Letters Q1 2025 page for more investors in hedge funds and other leading investors.
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Disclosure: None. This article was originally published in Insider Monkey.