Polin Capital, an investment management firm, has released its fourth quarter 2025 investor letter for “Polin Global Growth Strategy.” A copy of the letter can be downloaded here. The fourth quarter of 2025 seems like a whole year. The stock market experienced a 5% sharp sell-off in the fourth quarter but quickly rebounded to all-time highs, reflecting a V-shaped recovery from the April lows. In this environment, the fund’s quality-heavy portfolio suffered relative performance violations. Holdings portfolio software continues to track market-wide gains despite revenue and earnings growth. The portfolio returned -2.5% gross fees (-2.7% net fees) in Q4 2025, trailing the 3.3% gain for the MSCI All-Country Global Index (the “Index”). Please review the top five properties of the strategy to gain insight into their key choices for 2025.
In its fourth-quarter 2025 investor letter, Pullin’s Global Growth Strategy highlighted stocks like Willis Towers Watson Public Limited (NASDAQ: WTW ). Willis Towers Watson Public Limited Company (NASDAQ:WTW) is a London-based consulting, broking and solutions firm operating through the Health, Wealth & Careers, and Risk & Broking segments. On March 09, 2026, Willis Towers Watson Public Limited Company (NASDAQ: WTW ) stock closed at $294.67 per share. Willis Towers Watson Public Limited Company (NASDAQ: WTW)’s one-month return was 1.69%, and its shares have lost 9.75% over the past 52 weeks. Willis Towers Watson Public Limited Company (NASDAQ:WTW) has a market capitalization of $28.214 billion.
Pauline’s global growth strategy for Willis Towers Watson Public Limited Company (NASDAQ:WTW) in its fourth quarter 2025 investor letter states the following:
“Besides, we got out of our position WILLIS TOWERS WATSON PUBLIC LIMITED COMPANY (NASDAQ: WTW). While we believe the company is performing well from an operational standpoint, we cannot justify owning two insurance brokers as the insurance industry is likely to enter a “soft market” period for the next few years. If our view of the industry becomes more positive we can add to our current position in Avon, a market leader and a company that has historically weathered soft market cycles well.”
Willis Towers Watson Public Limited Company (NASDAQ: WTW ) is not on our list of the 40 most popular stocks among hedge funds of 2026. According to our database, 37 hedge fund portfolios held Willis Towers Watson Public Limited (NASDAQ: WTW ) at the end of the fourth quarter compared to WTW’s four at the end. If you’re looking for the most undervalued AI stocks that stand to benefit significantly from Trump-era tariffs and the offshore trend, check out our free report Best short-term AI stocks.
