Sea Ltd (SE) Declined Despite Notable Change in Fundamentals

3 weeks ago 25

Soumya Eswaran

Thu, February 26, 2026 astatine 9:06 AM CST 3 min read

Hayden Capital, an concern absorption firm, released its fourth-quarter 2025 concern letter. A transcript of the missive tin beryllium downloaded here. 2025 proved however unpredictable markets tin beryllium successful the abbreviated term. Markets displayed wide strength, highlighting their resilience. U.S. equities saw double-digit gains, portion planetary markets performed adjacent better. Remarkably, planetary stocks outpaced their U.S. counterparts for the archetypal clip since 2017. The steadfast had a productive 2025, particularly arsenic capitalist superior focused connected thing related to AI, portion different sectors were labeled arsenic “AI losers.” In Q4 2025, the portfolio returned -12.9% compared to the S&P 500's +2.7% and MSCI World's +3.3%. The portfolio had returned +14.8% annualized aft fees, since inception, compared to the S&P 500’s +13.5% and MSCI World’s +10.3% return. Approximately 42% of the portfolio is invested successful Asia, ~41% successful North America, ~16% successful Latin America, and the remainder successful cash. Due to the power of AI, the marketplace is responding much to fearfulness and rising uncertainty astir the aboriginal alternatively than to facts. In addition, delight cheque the firm’s apical 5 holdings to cognize its champion picks successful 2025.

In its fourth-quarter 2025 capitalist letter, Hayden Capital highlighted stocks specified arsenic Sea Limited (NYSE:SE). Sea Limited (NYSE:SE) is simply a exertion institution headquartered successful Singapore that operates done e-commerce, integer fiscal services, and integer amusement segments. On February 25, 2026, Sea Limited (NYSE:SE) banal closed astatine $104.47 per share. One-month instrumentality of Sea Limited (NYSE:SE) was -12.34%, and its shares mislaid 15.48% implicit the past 52 weeks. Sea Limited (NYSE:SE) has a marketplace capitalization of $63.1451 billion.

Hayden Capital stated the pursuing regarding Sea Limited (NYSE:SE) successful its 4th fourth 2025 capitalist letter:

"Sea Limited (NYSE:SE): Sea Limited shares person declined ~-45% implicit the past fewer months. The magnitude of the diminution these past fewer months is surprising, particularly since not overmuch has changed with their fundamentals.

Read Entire Article