Optimist Fund gains 9.1% in Q3; exits HelloFresh and Revolve positions

* The Optimist Fund gained +9.1% in the third quarter. 
* It exited two positions that were previously among its top ten holdings: HelloFresh (OTCPK:HLFFF [https://seekingalpha.com/symbol/HLFFF]) and Revolve (NYSE:RVLV [https://seekingalpha.com/symbol/RVLV]).
* The fund said it is starting to see encouraging signs across several holdings whose end markets have been subdued for years. 
* Source [https://seekingalpha.com/article/4832159-the-optimist-fund-q3-2025-quarterly-letter]

MORE ON HELLOFRESH SE, REVOLVE GROUP

* Revolve Group: Interesting Growth Story, Not Undervalued Now [https://seekingalpha.com/article/4826326-revolve-group-interesting-growth-story-not-undervalued-now]
* Revolve Group: Normalized Growth And Unattractive Valuation [https://seekingalpha.com/article/4823719-revolve-group-normalized-growth-and-unattractive-valuation]
* HelloFresh SE 2025 Q2 - Results - Earnings Call Presentation [https://seekingalpha.com/article/4813510-hellofresh-se-2025-q2-results-earnings-call-presentation]
* Revolve Group is sized up by analysts after earnings [https://seekingalpha.com/news/4479608-revolve-group-is-sized-up-by-analysts-after-earnings]
* Revolve raises 2025 gross margin outlook amid strong owned brand momentum and tariff mitigation [https://seekingalpha.com/news/4479606-revolve-raises-2025-gross-margin-outlook-amid-strong-owned-brand-momentum-and-tariff]