Here’s Why Optimist Fund Trimmed Latham Group’s (SWIM) Position from 6% to 3%

2 days ago 4

Soumya Eswaran

Mon, March 2, 2026 astatine 8:06 AM CST 3 min read

Optimist Fund, an concern absorption company, released its fourth-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. The Fund’s nonsubjective is to execute superior maturation astatine a complaint successful the mid-teens oregon higher implicit the people of respective decades. In Q4 2025, the Fund declined 8.5%. The Fund, though not yet 5 years old, invests with a five-year perspective. While short-term drawdowns tin beryllium tough, the Fund is optimistic astir the portfolio's cardinal show and assured successful prospective returns implicit the adjacent 5 years. The Fund believes that existent valuations importantly underestimate the net and currency travel the halfway holdings volition nutrient successful 5 years. In addition, delight cheque the Fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its fourth-quarter 2025 capitalist letter, Optimist Fund highlighted stocks similar Latham Group, Inc. (NASDAQ:SWIM). Latham Group, Inc. (NASDAQ:SWIM) is an in-ground residential swimming excavation shaper operating crossed North America, Australia, and New Zealand. On February 27, 2026, Latham Group, Inc. (NASDAQ:SWIM) banal closed astatine $6.71 per share. One-month instrumentality of Latham Group, Inc. (NASDAQ:SWIM) was 5.84%, and its shares gained 21.78% implicit the past 52 weeks. Latham Group, Inc. (NASDAQ:SWIM) has a marketplace capitalization of $782.76 million.

Optimist Fund stated the pursuing regarding Latham Group, Inc. (NASDAQ:SWIM) successful its 4th fourth 2025 capitalist letter:

"Latham Group, Inc. (NASDAQ:SWIM) – Latham delivered a coagulated 3rd quarter, with nett income of astir $162 million, up ~7.6% year-over-year, outperforming a mostly level U.S. in-ground excavation marketplace and reflecting continued traction crossed cardinal merchandise lines, including excavation covers, liners, and fiberglass pools. Adjusted EBITDA itself grew astir 28.5% to astir $38.3 million. Latham besides narrowed and modestly raised its full-year guidance, signaling assurance successful its outlook contempt broader manufacture headwinds, with nett income present expected successful the ~$540–$550 cardinal scope and adjusted EBITDA of ~$92 $98 million. Overall, the 4th demonstrated a concern that continues to turn revenue, grow profitability, and execute connected strategical priorities adjacent successful challenging end-market conditions. We are pleased with results.

Read Entire Article