3 weeks ago
11
Soumya Eswaran
Wed, February 4, 2026 astatine 7:39 AM CST 3 min read
Legacy Ridge Capital Management, an concern absorption company, released its Q4 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. The Partnership returned 7% nett of a 1% show interest successful 2025. Market volatility led to the Partnership's weaker-than-expected show past year. The twelvemonth started powerfully but faced challenges aft Liberation Day, contempt wisely investing during the market's lows. The Partnership showed advancement from November to mid-December. The missive besides noted that a displacement successful the calendar extremity day would person improved returns by implicit 4%, highlighting the unpredictable quality of concentrated worth investing. The portfolio is concentrated successful 10 names, and the dividend output is astir 6%. Please reappraisal the Partnership’s apical 5 holdings to summation insights into their cardinal selections for 2025.
In its fourth-quarter 2025 capitalist letter, Legacy Ridge Capital Management highlighted stocks similar Polaris Inc. (NYSE:PII). Polaris Inc. (NYSE:PII) is simply a powersports vehicles manufacturing company. On February 3, 2026, Polaris Inc. (NYSE:PII) banal closed astatine $67.20 per share. Polaris Inc. (NYSE:PII) delivered a -2.92% instrumentality successful the past month, and its shares are up 48.41% implicit the past 12 months. Polaris Inc. (NYSE:PII) has a marketplace capitalization of $3.78 billion.
Legacy Ridge Capital Management stated the pursuing regarding Polaris Inc. (NYSE:PII) successful its 4th fourth 2025 capitalist letter:
"Most of the names we’ve owned for respective years person had decent performance, and contempt net and dividends increasing implicit that play astir person besides benefited from a mean re-rating, frankincense narrowing the borderline of safety. Equally distributing excess currency crossed our existent portfolio doesn’t entreaty to america astatine this precise moment, but circumstances tin alteration rapidly and we’ve had galore bouts of idiosyncratic volatility successful owned oregon followed names successful the caller past. And sitting connected our ass(ets)—as Munger would say— doesn’t mean we’ve discontinue trying to find large opportunities. We’re uncovering caller ideas we deliberation are cheap, we conscionable aren’t uncovering arsenic many. Rather than marque a caller thought a 15%+ presumption successful an effort to deploy much of our cash, which would marque america uncomfortable, we initially put 10% oregon less.
English (CA) · 
English (US) · 
Spanish (MX) ·