The London Company, an investment management company, released “The London Company Large Cap Strategy” first quarter 2025 investor letter. A copy of the letter can be downloaded here. The US equities experienced a correction in the first quarter following two years of robust performance. The portfolio returned 2.4% (2.3%, net) during the quarter compared to a 4.5% increase for the Russell 1000 Index. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.
In its first-quarter 2025 investor letter, The London Company Large Cap Strategy highlighted stocks such as Republic Services, Inc. (NYSE:RSG). Republic Services, Inc. (NYSE:RSG) offers environmental services in the United States and Canada. The one-month return of Republic Services, Inc. (NYSE:RSG) was -2.86%, and its shares gained 27.04% of their value over the last 52 weeks. On May 13, 2025, Republic Services, Inc. (NYSE:RSG) stock closed at $237.99 per share with a market capitalization of $75.46 billion.
The London Company Large Cap Strategy stated the following regarding Republic Services, Inc. (NYSE:RSG) in its Q1 2025 investor letter:
“Republic Services, Inc. (NYSE:RSG) – RSG outperformed the index due to stronger-than-expected earnings and consistent performance, even with flat volume growth expectations. RSG continues to expand margins through improved customer mix, strategic pricing, and cost management. We remain attracted to the steady free cash flow growth, annuity-like revenues, and high market share of U.S. landfill capacity.”
A fleet of trucks carrying recyclable materials, highlighting the company’s transfer services.
Republic Services, Inc. (NYSE:RSG) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 51 hedge fund portfolios held Republic Services, Inc. (NYSE:RSG) at the end of the fourth quarter which was 45 in the previous quarter. While we acknowledge the potential of Republic Services, Inc. (NYSE:RSG) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
In another article, we covered Republic Services, Inc. (NYSE:RSG) and shared the list of industrial stocks are up the most so far in 2025. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors.
