Bristol Gate US Equity Strategy Exited Its Stake in Marsh & McLennan (MMC)

1 day ago 5

Soumya Eswaran

Wed, December 31, 2025 astatine 7:21 AM CST 3 min read

Bristol Gate Capital Partners, an concern absorption company, published its Q3 2025 capitalist missive for the “US Equity Strategy”. A transcript of the missive tin beryllium downloaded here. The strategy underperformed the benchmark, the S&P 500® Total Return Index, this quarter, but inactive surpassed the scale successful dividend growth. The underperformance was owed to a deficiency of important vulnerability to the AI/TMT assemblage oregon the Value sector, which provides advantages stemming from the Federal Reserve's complaint cut. The portfolio returned 15% dividend maturation implicit the trailing 12 months, driven by the beardown underlying fundamentals. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its third-quarter 2025 capitalist letter, Bristol Gate US Equity Strategy highlighted stocks specified arsenic Marsh & McLennan Companies, Inc. (NYSE:MMC). Marsh & McLennan Companies, Inc. (NYSE:MMC) is simply a nonrecreational services institution that provides advisory services and security solutions. The one-month instrumentality of Marsh & McLennan Companies, Inc. (NYSE:MMC) was 2.18%, and its shares mislaid 11.79% of their worth implicit the past 52 weeks. On December 30, 2025, Marsh & McLennan Companies, Inc. (NYSE:MMC) banal closed astatine $187.36 per share, with a marketplace capitalization of $92.111 billion.

Bristol Gate US Equity Strategy stated the pursuing regarding Marsh & McLennan Companies, Inc. (NYSE:MMC) successful its 3rd 4th 2025 capitalist letter:

"Following 4th end, we built a presumption successful Amphenol (APH) portion exiting Marsh & McLennan Companies, Inc. (NYSE:MMC). Marsh & McLennan was sold owed to caller marketplace dynamics successful some its security brokerage and consulting businesses. Global commercialized security rates continued to diminution into the 3rd 4th and the softening complaint situation volition beryllium a near-term headwind connected brokerage revenues and currency flows. In addition, we judge MMC’s consulting related businesses volition dilatory due to the fact that the uncertain macro situation is weighing connected firm discretionary spending. We expect some factors volition yet effect successful slower near-term dividend growth."

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Marsh & McLennan Companies, Inc. (NYSE:MMC) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. According to our database, 66 hedge money portfolios held Marsh & McLennan Companies, Inc. (NYSE:MMC) astatine the extremity of the 3rd quarter, up from 60 successful the erstwhile quarter. While we admit the imaginable of Marsh & McLennan Companies, Inc. (NYSE:MMC) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.