Long Cast Advisers, an investment management firm, released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund’s cumulative net returns improved 19%. Year-to-date cumulative net returns through quarter-end remain down 4%. The fund returned a cumulative 253% net of fees, or 12% CAGR, since its inception in November 2015 through the quarter-end of Q2 2025. 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, Long Cast Advisers highlighted stocks such as CoreCard Corporation (NYSE:CCRD). Headquartered in Norcross, Georgia, CoreCard Corporation (NYSE:CCRD) provides technology solutions and processing services to the financial technology and services industry. The one-month return of CoreCard Corporation (NYSE:CCRD) was -0.37%, and its shares gained 90.62% of their value over the last 52 weeks. On September 02, 2025, CoreCard Corporation (NYSE:CCRD) stock closed at $27.03 per share, with a market capitalization of $210.628 million.
Long Cast Advisers stated the following regarding CoreCard Corporation (NYSE:CCRD) in its second quarter 2025 investor letter:
“In my July email, I called out two stocks – CoreCard Corporation (NYSE:CCRD) and QRHC – and both have had substantive news worth updating. At the end of July, CCRD announced its intention to sell itself to Euronet Worldwide (EEFT) in an all-stock deal valued at $30 / share. Our returns were substantially enhanced by doubling the size of the position when the stock declined in late ’23 and early ’24.
CoreCard Corporation (NYSE:CCRD) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 11 hedge fund portfolios held CoreCard Corporation (NYSE:CCRD) at the end of the second quarter, which was 12 in the previous quarter. While we acknowledge the potential of CoreCard Corporation (NYSE:CCRD) 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.
