Madison Investments, an funding advisor, launched its “Madison Giant Cap Fund” first-quarter 2025 investor letter. A duplicate of the letter could be downloaded right here. Within the first quarter, the fund (Class I) decreased 0.93% in comparison with the 4.27% decline for the S&P 500 index. As well as, please verify the fund’s prime 5 holdings to know its finest picks in 2025.
In its first-quarter 2025 investor letter, Madison Giant Cap Fund highlighted shares similar to Elevance Well being, Inc. (NYSE:ELV). Elevance Well being, Inc. (NYSE:ELV) is a well being advantages firm. The one-month return of Elevance Well being, Inc. (NYSE:ELV) was -3.05%, and its shares misplaced 21.03% of their worth during the last 52 weeks. On April 25, 2025, Elevance Well being, Inc. (NYSE:ELV) inventory closed at $421.68 per share with a market capitalization of $96.878 billion.
Madison Giant Cap Fund acknowledged the next relating to Elevance Well being, Inc. (NYSE:ELV) in its Q1 2025 investor letter:
“Elevance Well being, Inc.’s (NYSE:ELV) income have been pressured because of greater acuity in its Medicaid enterprise. Nonetheless, we consider the shares had been attractively valued because of our expectation that margins ought to normalize as Elevance reprices its threat swimming pools.”
A medical skilled working at a pc, using the corporate’s digital options to enhance care high quality for customers.
Elevance Well being, Inc. (NYSE:ELV) just isn’t on our listing of 30 Most Standard Shares Amongst Hedge Funds. As per our database, 73 hedge fund portfolios held Elevance Well being, Inc. (NYSE:ELV) on the finish of the fourth quarter in comparison with 67 within the third quarter. Whereas we acknowledge the potential of Elevance Well being, Inc. (NYSE:ELV) as an funding, our conviction lies within the perception that AI shares maintain higher promise for delivering greater returns, and doing so inside a shorter timeframe. In case you are on the lookout for an AI inventory that’s as promising as NVIDIA however that trades at lower than 5 instances its earnings, take a look at our report concerning the least expensive AI inventory.
In one other article, we lined Elevance Well being, Inc. (NYSE:ELV) and shared the listing of finest shares that can all the time develop. As well as, please take a look at our hedge fund investor letters Q1 2025 web page for extra investor letters from hedge funds and different main buyers.
READ NEXT: Michael Burry Is Promoting These Shares and A New Daybreak Is Coming to US Shares.
Disclosure: None. This text is initially printed at Insider Monkey.
Madison Investments, an funding advisor, launched its “Madison Giant Cap Fund” first-quarter 2025 investor letter. A duplicate of the letter could be downloaded right here. Within the first quarter, the fund (Class I) decreased 0.93% in comparison with the 4.27% decline for the S&P 500 index. As well as, please verify the fund’s prime 5 holdings to know its finest picks in 2025.
In its first-quarter 2025 investor letter, Madison Giant Cap Fund highlighted shares similar to Elevance Well being, Inc. (NYSE:ELV). Elevance Well being, Inc. (NYSE:ELV) is a well being advantages firm. The one-month return of Elevance Well being, Inc. (NYSE:ELV) was -3.05%, and its shares misplaced 21.03% of their worth during the last 52 weeks. On April 25, 2025, Elevance Well being, Inc. (NYSE:ELV) inventory closed at $421.68 per share with a market capitalization of $96.878 billion.
Madison Giant Cap Fund acknowledged the next relating to Elevance Well being, Inc. (NYSE:ELV) in its Q1 2025 investor letter:
“Elevance Well being, Inc.’s (NYSE:ELV) income have been pressured because of greater acuity in its Medicaid enterprise. Nonetheless, we consider the shares had been attractively valued because of our expectation that margins ought to normalize as Elevance reprices its threat swimming pools.”
A medical skilled working at a pc, using the corporate’s digital options to enhance care high quality for customers.
Elevance Well being, Inc. (NYSE:ELV) just isn’t on our listing of 30 Most Standard Shares Amongst Hedge Funds. As per our database, 73 hedge fund portfolios held Elevance Well being, Inc. (NYSE:ELV) on the finish of the fourth quarter in comparison with 67 within the third quarter. Whereas we acknowledge the potential of Elevance Well being, Inc. (NYSE:ELV) as an funding, our conviction lies within the perception that AI shares maintain higher promise for delivering greater returns, and doing so inside a shorter timeframe. In case you are on the lookout for an AI inventory that’s as promising as NVIDIA however that trades at lower than 5 instances its earnings, take a look at our report concerning the least expensive AI inventory.
In one other article, we lined Elevance Well being, Inc. (NYSE:ELV) and shared the listing of finest shares that can all the time develop. As well as, please take a look at our hedge fund investor letters Q1 2025 web page for extra investor letters from hedge funds and different main buyers.
READ NEXT: Michael Burry Is Promoting These Shares and A New Daybreak Is Coming to US Shares.
Disclosure: None. This text is initially printed at Insider Monkey.