Latest news with #AceRiverCapital
Yahoo
2 days ago
- Business
- Yahoo
Ace River Capital Partners Increased its Position in MarineMax (HZO) in Q2
Ace River Capital, an investment management company, released its second-quarter 2025 investor letter. The fund returned -5.33% in the second quarter. A copy of the letter can be downloaded here. The fund underperformed this quarter, primarily due to difficulties in several key holdings, despite no significant changes to the fundamental value of the businesses. The firm's focus continues to be on a select group of high-quality small-cap companies that have sustainable economics, strong management, and the capacity to reinvest profitably. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its second-quarter 2025 investor letter, Ace River Capital highlighted stocks such as MarineMax, Inc. (NYSE:HZO). MarineMax, Inc. (NYSE:HZO) is a recreational boat and yacht retailer and superyacht services company. The one-month return of MarineMax, Inc. (NYSE:HZO) was -13.51%, and its shares lost 19.38% of their value over the last 52 weeks. On August 8, 2025, MarineMax, Inc. (NYSE:HZO) stock closed at $22.47 per share, with a market capitalization of $482.287 million. Ace River Capital stated the following regarding MarineMax, Inc. (NYSE:HZO) in its second quarter 2025 investor letter: "MarineMax, Inc. (NYSE:HZO): HZO faced pressure this quarter as retail boat sales continue to normalize post-COVID, compounded by higher interest rates. That said, the company is quietly transforming its business model by increasing its mix of service, storage, and marina operations—higher-margin, recurring revenue streams that improve business quality and reduce cyclicality. The market seems focused on the next quarter. We're focused on the next few years. We added slightly to our position at what we believe are attractive long-term prices." A large yacht sailing in the open sea with passengers enjoying the sunset. MarineMax, Inc. (NYSE:HZO) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 15 hedge fund portfolios held MarineMax, Inc. (NYSE:HZO) at the end of the first quarter, which was 21 in the previous quarter. While we acknowledge the potential of MarineMax, Inc. (NYSE:HZO) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered MarineMax, Inc. (NYSE:HZO) and shared Ace River Capital's views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Is Vox Royalty Corp. (VOXR) an Underappreciated Stock?
Ace River Capital, an investment management company, released its second-quarter 2025 investor letter. The fund returned -5.33% in the second quarter. A copy of the letter can be downloaded here. The fund underperformed this quarter, primarily due to difficulties in several key holdings, despite no significant changes to the fundamental value of the businesses. The firm's focus continues to be on a select group of high-quality small-cap companies that have sustainable economics, strong management, and the capacity to reinvest profitably. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its second-quarter 2025 investor letter, Ace River Capital highlighted stocks such as Vox Royalty Corp. (NASDAQ:VOXR). Vox Royalty Corp. (NASDAQ:VOXR) is a mining royalty company. The one-month return of Vox Royalty Corp. (NASDAQ:VOXR) was 4.36%, and its shares gained 23.62% of their value over the last 52 weeks. On August 8, 2025, Vox Royalty Corp. (NASDAQ:VOXR) stock closed at $3.35 per share, with a market capitalization of $170.034 million. Ace River Capital stated the following regarding Vox Royalty Corp. (NASDAQ:VOXR) in its second quarter 2025 investor letter: "Vox Royalty Corp. (NASDAQ:VOXR): Vox continues to build value through disciplined royalty acquisitions and cash-flowing assets in Tier 1 jurisdictions. This quarter brought updates on multiple key projects advancing toward production. With more than 60 royalties, several near-term catalysts, and a capital-light model, Vox is well-positioned to grow free cash flow without the dilution or capex risk that plagues traditional miners. We continue to believe the market underappreciates the earnings power and embedded optionality in the portfolio." A closeup image of a miner holding a pile of gold nuggets, a representation of the company's royalty. Vox Royalty Corp. (NASDAQ:VOXR) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 5 hedge fund portfolios held Vox Royalty Corp. (NASDAQ:VOXR) at the end of the first quarter, which was 6 in the previous quarter. While we acknowledge the potential of Vox Royalty Corp. (NASDAQ:VOXR) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
2 days ago
- Business
- Yahoo
Ace River Capital Partners' Update on RCI Hospitality Holdings (RICK)
Ace River Capital, an investment management company, released its second-quarter 2025 investor letter. The fund returned -5.33% in the second quarter. A copy of the letter can be downloaded here. The fund underperformed this quarter, primarily due to difficulties in several key holdings, despite no significant changes to the fundamental value of the businesses. The firm's focus continues to be on a select group of high-quality small-cap companies that have sustainable economics, strong management, and the capacity to reinvest profitably. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its second-quarter 2025 investor letter, Ace River Capital highlighted stocks such as RCI Hospitality Holdings, Inc. (NASDAQ:RICK). Headquartered in Houston, Texas, RCI Hospitality Holdings, Inc. (NASDAQ:RICK) owns and operates clubs and restaurants. The one-month return of RCI Hospitality Holdings, Inc. (NASDAQ:RICK) was -12.42%, and its shares lost 21.70% of their value over the last 52 weeks. On August 8, 2025, RCI Hospitality Holdings, Inc. (NASDAQ:RICK) stock closed at $35.04 per share, with a market capitalization of $307.057 million. Ace River Capital stated the following regarding RCI Hospitality Holdings, Inc. (NASDAQ:RICK) in its second quarter 2025 investor letter: "RCI Hospitality Holdings, Inc. (NASDAQ:RICK): RICK is the only publicly traded owner of adult nightclubs in the US. Currently they own 57 clubs across 13 states and an additional 12 sports-bar restaurants with the 'Bombshells' concept. With few municipalities issuing new adult entertainment licenses these businesses function as local monopolies with excellent unit economics. These clubs have limited potential buyers with RICK establishing themselves as the buyer of choice for any club owners looking to sell. This provides a long runway for growth. A bustling nightclub filled with energy, illuminated by mesmerizing lights and the thumping beat of the dance music. RCI Hospitality Holdings, Inc. (NASDAQ:RICK) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 9 hedge fund portfolios held RCI Hospitality Holdings, Inc. (NASDAQ:RICK) at the end of the first quarter, which was 10 in the previous quarter. RCI Hospitality Holdings, Inc. (NASDAQ:RICK) reported total revenue of $65.9 million in Q2 2025 compared to $72.3 million in Q2 2024. While we acknowledge the potential of RCI Hospitality Holdings, Inc. (NASDAQ:RICK) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered RCI Hospitality Holdings, Inc. (NASDAQ:RICK) and shared Ace River Capital's views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
08-05-2025
- Business
- Yahoo
Here's Why Marine Max (HZO) Reported a Strong Quarter
Ace River Capital, an investment management company, released its first-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned -14.37% in the first quarter, compared to -4.3% and -9.5% returns for the S&P 500 (SPX) and the Russell 2000 (RTY), respectively. The firm's goal is to maintain a focused portfolio of small and micro-cap companies with distinct advantages and growth potential within their respective sectors. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, Ace River Capital highlighted stocks such as MarineMax, Inc. (NYSE:HZO). MarineMax, Inc. (NYSE:HZO) is a recreational boat and yacht retailer and superyacht services company. The one-month return of MarineMax, Inc. (NYSE:HZO) was 7.98%, and its shares lost 21.08% of their value over the last 52 weeks. On May 7, 2025, MarineMax, Inc. (NYSE:HZO) stock closed at $20.97 per share with a market capitalization of $450.297 million. Ace River Capital stated the following regarding MarineMax, Inc. (NYSE:HZO) in its Q1 2025 investor letter: "MarineMax, Inc. (NYSE:HZO) reported a strong quarter and made substantial share repurchases recently, $12.4MM in Q2 alone. With the cyclical nature of this business, I will consider adding to this position during the trough/recession phase of the business cycle it looks like we are approaching. I expect this position not to produce much until we get to the expansion phase of the cycle." A large yacht sailing in the open sea with passengers enjoying the sunset. MarineMax, Inc. (NYSE:HZO) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 21 hedge fund portfolios held MarineMax, Inc. (NYSE:HZO) at the end of the fourth quarter, compared to 23 in the third quarter. MarineMax, Inc. (NYSE:HZO) reported strong results in the second quarter of fiscal 2025 with revenue reaching $631.5 million. While we acknowledge the potential of MarineMax, Inc. (NYSE:HZO) 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. In another article, we covered MarineMax, Inc. (NYSE:HZO) and shared the list of best boating stocks to buy. 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Business
- Yahoo
Vox Royalty (VOXR): Stands To Benefit From The Run Up In Gold Price
Ace River Capital, an investment management company, released its first-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned -14.37% in the first quarter, compared to -4.3% and -9.5% returns for the S&P 500 (SPX) and the Russell 2000 (RTY), respectively. The firm's goal is to maintain a focused portfolio of small and micro-cap companies with distinct advantages and growth potential within their respective sectors. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, Ace River Capital highlighted stocks such as Vox Royalty Corp. (NASDAQ:VOXR). Vox Royalty Corp. (NASDAQ:VOXR) is a mining royalty company. The one-month return of Vox Royalty Corp. (NASDAQ:VOXR) was 9.18%, and its shares gained 60.50% of their value over the last 52 weeks. On May 7, 2025, Vox Royalty Corp. (NASDAQ:VOXR) stock closed at $3.21 per share with a market capitalization of $163.19 million. Ace River Capital stated the following regarding Vox Royalty Corp. (NASDAQ:VOXR) in its Q1 2025 investor letter: "Vox Royalty Corp. (NASDAQ:VOXR) stands to bene t from the run up in gold price. The economic uncertainty brought on by the US tari s and resulting trade battles has contributed to a large increase in the price of gold, up just under 40% on the year. With gold and silver dominating the producing assets for Vox, this position has served as a hedge against the market. It has performed well during the recent decline. It will continue to be in the top one or two positions for the fund." A closeup image of a miner holding a pile of gold nuggets, a representation of the company's royalty. Vox Royalty Corp. (NASDAQ:VOXR) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 6 hedge fund portfolios held Vox Royalty Corp. (NASDAQ:VOXR) at the end of the fourth quarter, compared to 5 in the third quarter. While we acknowledge the potential of Vox Royalty Corp. (NASDAQ:VOXR) 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. 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
