Soumya Eswaran
Fri, November 28, 2025 astatine 8:02 AM CST 3 min read
Long Cast Advisers, an concern absorption firm, released its third-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. In the 3rd quarter, the fund’s cumulative nett returns improved 4%. The money returned a cumulative 266% nett of fees, oregon 14% CAGR, since its inception successful November 2015 done the quarter-end of Q3 2025. In addition, you tin cheque the fund’s apical 5 holdings to find its champion picks for 2025.
In its third-quarter 2025 capitalist letter, Long Cast Advisers highlighted stocks specified arsenic Quest Resource Holding Corporation (NASDAQ:QRHC). Headquartered successful The Colony, Texas, Quest Resource Holding Corporation (NASDAQ:QRHC) provides discarded and recycling services. The one-month instrumentality of Quest Resource Holding Corporation (NASDAQ:QRHC) was 29.66%, and its shares mislaid 73.82% of their worth implicit the past 52 weeks. On November 27, 2025, Quest Resource Holding Corporation (NASDAQ:QRHC) banal closed astatine $1.88 per share, with a marketplace capitalization of $39.236 million.
Long Cast Advisers stated the pursuing regarding Quest Resource Holding Corporation (NASDAQ:QRHC) successful its 3rd 4th 2025 capitalist letter:
"Finally, connected a YTD basis, 1 request lone look astatine Quest Resource Holding Corporation's (NASDAQ:QRHC) illustration to spot that it has been a large detractor to our portfolio this twelvemonth (ie wherefore its nary longer a top-five holding). This is 1 of our longest held stocks and it has much than “round tripped.” Now that it has amended absorption operating with due processes and controls, and trades astatine a little multiple, owning much of this is simply a overmuch much tenable proposition. With 1 caveat: The wide gulf betwixt the $80M successful goodwill and the $35M marketplace capitalization is astir surely going to trigger an yearly impairment test. And fixed the “asset lite” quality of the business, and the mode impairments are tested, if determination were not an impairment complaint I would beryllium surprised. Though purely an accounting mechanics that has nary interaction connected tangible publication worth oregon currency flow, Mr. Market hates impairment charges. The institution volition merchandise twelvemonth extremity results, apt successful precocious February."
Quest Resource Holding Corporation (NASDAQ:QRHC) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. As per our database, 8 hedge money portfolios held Quest Resource Holding Corporation (NASDAQ:QRHC) astatine the extremity of the 3rd quarter, which was 12 successful the erstwhile quarter. Quest Resource Holding Corporation (NASDAQ:QRHC) reported revenue of $63.3 cardinal successful the 3rd 4th of 2025, marking a alteration of 13% compared to Q3 2024 and an summation of 6.4% from Q2 2025. While we admit the imaginable of Quest Resource Holding Corporation (NASDAQ:QRHC) 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.

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