Long Cast Advisers, an investment management firm, released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund’s cumulative net returns improved 19%. Year-to-date cumulative net returns through quarter-end remain down 4%. The fund returned a cumulative 253% net of fees, or 12% CAGR, since its inception in November 2015 through the quarter-end of Q2 2025. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.
In its second-quarter 2025 investor letter, Long Cast Advisers highlighted stocks such as CoreCard Corporation (NYSE:CCRD). Headquartered in Norcross, Georgia, CoreCard Corporation (NYSE:CCRD) provides technology solutions and processing services to the financial technology and services industry. The one-month return of CoreCard Corporation (NYSE:CCRD) was -0.37%, and its shares gained 90.62% of their value over the last 52 weeks. On September 02, 2025, CoreCard Corporation (NYSE:CCRD) stock closed at $27.03 per share, with a market capitalization of $210.628 million.
Long Cast Advisers stated the following regarding CoreCard Corporation (NYSE:CCRD) in its second quarter 2025 investor letter:
"In my July email, I called out two stocks – CoreCard Corporation (NYSE:CCRD) and QRHC - and both have had substantive news worth updating. At the end of July, CCRD announced its intention to sell itself to Euronet Worldwide (EEFT) in an all-stock deal valued at $30 / share. Our returns were substantially enhanced by doubling the size of the position when the stock declined in late ’23 and early ’24.5 Hardest Working Countries in Africa
CoreCard Corporation (NYSE:CCRD) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 11 hedge fund portfolios held CoreCard Corporation (NYSE:CCRD) at the end of the second quarter, which was 12 in the previous quarter. While we acknowledge the potential of CoreCard Corporation (NYSE:CCRD) 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.
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In another article, we covered CoreCard Corporation (NYSE:CCRD) and shared Long Cast Advisers' views on the company in the previous quarter. 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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Here’s Long Cast Advisers’ Updates on CoreCard Corporation (CCRD)
Published 2 months ago
Sep 3, 2025 at 12:32 PM
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