Varied Growth Drivers Boosted Nebius Group N.V. (NBIS) in Q2

Crossroads Capital LLC, an investment management company, released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The Crossroads Capital Investment Partners, LP, appreciated 36.9% net of all fees and expenses in the second quarter of 2025, making the YTD return 26.1% net through Q2 2025. The fund has compounded at 17% (net) since inception. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, Crossroads Capital highlighted stocks such as Nebius Group N.V. (NASDAQ:NBIS).  Headquartered in Amsterdam, the Netherlands, Nebius Group N.V. (NASDAQ:NBIS) is a technology company. The one-month return of Nebius Group N.V. (NASDAQ:NBIS) was 93.91%, and its shares gained 564.57% of their value over the last 52 weeks. On October 2, 2025, Nebius Group N.V. (NASDAQ:NBIS) stock closed at $125.87 per share, with a market capitalization of $31.407 billion.

Crossroads Capital stated the following regarding Nebius Group N.V. (NASDAQ:NBIS) in its second quarter 2025 investor letter:

"Turning to our long-running investment in Nebius Group N.V. (NASDAQ:NBIS), which delivered the strongest performance of the Q2 contributors, increased by over 162%. This barn-burning re-rate was driven not only by strong AI infrastructure demand but more importantly, the increasingly clear view that NBIS has a “right to win” in the space as both the lowest cost producer for its services and one that offers a superior full-stack tool kit for its customers.Is Albertsons Companies, Inc. (ACI) the Best Consumer Staples Stock to Buy According to Analysts?

Nebius Group N.V. (NASDAQ:NBIS) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 45 hedge fund portfolios held Nebius Group N.V. (NASDAQ:NBIS) at the end of the second quarter, compared to 51 in the previous quarter. While we acknowledge the potential of Nebius Group N.V. (NASDAQ:NBIS) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Story Continues

In another article, we covered Nebius Group N.V. (NASDAQ:NBIS) and shared the list of unstoppable stocks to buy and hold for the next 5 years. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.

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