Funding administration firm First Pacific Advisors not too long ago launched its “FPA Queens Street Small Cap Worth Fund” second-quarter 2025 investor letter. A replica of the letter may be downloaded here. Within the second quarter, the fund returned 8.60% in comparison with a 4.97% return for the Russell 2000 Worth Index. Furthermore, the Fund returned 5.87% YTD, in comparison with -3.16% for the index. Moreover, you possibly can examine the fund’s high 5 holdings to find out its greatest picks for 2025.
In its second-quarter 2025 investor letter, FPA Queens Street Small Cap Worth Fund highlighted shares resembling Ingles Markets, Included (NASDAQ:IMKTA). Ingles Markets, Included (NASDAQ:IMKTA) is a grocery store chain within the Southeast United States. The one-month return of Ingles Markets, Included (NASDAQ:IMKTA) was -2.78%, and its shares misplaced 7.88% of their worth over the past 52 weeks. On August 18, 2025, Ingles Markets, Included (NASDAQ:IMKTA) inventory closed at $65.47 per share, with a market capitalization of $1.244 billion.
FPA Queens Street Small Cap Worth Fund said the next concerning Ingles Markets, Included (NASDAQ:IMKTA) in its second quarter 2025 investor letter:
“We added two new positions to the Fund through the second quarter. Ingles Markets, Included (NASDAQ:IMKTA) is a Southeastern regional grocery chain with roughly 200 shops. The grocery operations are effectively run with a concentrate on group and buyer loyalty in underserved rural markets. As well as, Ingles is asset-rich – they personal most of their properties in addition to nearly 5 million sqft. of purchasing facilities leased to 3rd events. The corporate has little monetary debt and trades at a sexy valuation.”
An aisle lined with cabinets of contemporary and frozen meals in a grocery store retailer.
Ingles Markets, Included (NASDAQ:IMKTA) will not be on our listing of 30 Most Popular Stocks Among Hedge Funds. As per our database, 17 hedge fund portfolios held Ingles Markets, Included (NASDAQ:IMKTA) on the finish of the primary quarter, which was 20 within the earlier quarter. Whereas we acknowledge the potential of Ingles Markets, Included (NASDAQ:IMKTA) as an funding, we consider sure AI shares supply better upside potential and carry much less draw back danger. In the event you’re in search of an especially undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the best short-term AI stock.
As well as, please take a look at our hedge fund investor letters Q2 2025 web page for extra investor letters from hedge funds and different main buyers.
