Columbia Threadneedle Investments, an funding administration firm, launched its “Columbia International Know-how Progress Fund” third-quarter 2025 investor letter. A duplicate of the letter will be downloaded here. Markets continued their upward journey within the third quarter, pushed by robust earnings development, continued enthusiasm round synthetic intelligence (AI), and easing commerce tensions. The composite returned 12.06% within the quarter, in comparison with the S&P International 1200 Info Know-how Index’s 12.82% return. Optimistic inventory choice drove the relative efficiency of the fund within the quarter. As well as, you’ll be able to examine the fund’s high 5 holdings for its finest picks for 2025.
In its third-quarter 2025 investor letter, Columbia International Know-how Progress Fund highlighted shares reminiscent of The Commerce Desk, Inc. (NASDAQ:TTD). Headquartered in Ventura, California, The Commerce Desk, Inc. (NASDAQ:TTD) is a expertise firm that gives a self-service cloud-based ad-buying platform. The one-month return of The Commerce Desk, Inc. (NASDAQ:TTD) was -5.38%, and its shares misplaced 57.49% of their worth over the past 52 weeks. On October 31, 2025, The Commerce Desk, Inc. (NASDAQ:TTD) inventory closed at $50.28 per share, with a market capitalization of $24.584 billion.
Columbia International Know-how Progress Fund acknowledged the next concerning The Commerce Desk, Inc. (NASDAQ:TTD) in its third quarter 2025 investor letter:
“That mentioned, the quarter was not with out its challenges, beginning with our place in programmatic ad-tech chief The Commerce Desk, Inc. (NASDAQ:TTD). Shares got here underneath strain in the course of the quarter, as reported quarterly outcomes had been overshadowed by cautious steerage, issues about impacts of tariff on large-brand spending and rising competitors from Amazon, together with the departure of the CFO. The corporate’s Kokai AI platform now powers 75% of shopper spending, and linked TV is the quickest rising channel, now accounting for practically half of whole spending.”
The Commerce Desk, Inc. (NASDAQ:TTD) is just not on our listing of 30 Most Popular Stocks Among Hedge Funds. As per our database, 60 hedge fund portfolios held The Commerce Desk, Inc. (NASDAQ:TTD) on the finish of the second quarter, which was 61 within the earlier quarter. Whereas we acknowledge the potential of The Commerce Desk, Inc. (NASDAQ:TTD) as an funding, we consider sure AI shares supply higher upside potential and carry much less draw back threat. Should you’re on the lookout for an especially undervalued AI inventory that additionally stands to profit considerably from Trump-era tariffs and the onshoring pattern, see our free report on the best short-term AI stock.
