iMGP Global Partners, an investment management firm, has issued a 2025 fourth quarter investor letter for “iMGP Small Company Fund”. A copy of the letter can be downloaded here. The fund returned 1.33% in the fourth quarter, compared to the Russell 2000 Index’s 2.19% return. The fund’s return was flat at 0.01% in 2025, compared to a return of 12.81 for the index. In most areas, market conditions returned to normal in the fourth quarter. The fund’s poor performance in the fourth quarter was driven by the impressive performance of the biotech business, which rose more than 25%. Funds generally avoid biotech stocks because of their highly binary nature. Most of the year’s shortfalls occurred in the third quarter due to style-related factors. Moving into 2026, the fund hoped to continue its process and improve its performance by committing to investing in high-quality, growing companies. Please review the fund’s top five holdings for 2025 to gain insight into their key picks.
In a 2025 Q4 investor letter, iMGP Small Company Fund highlighted stocks like Amcor Technologies Inc. (NASDAQ: AMKR ). Amcor Technologies (NASDAQ: AMKR ) is a provider of semiconductor packaging and test services. On March 09, 2026, Amcor Technologies, Inc. (NASDAQ: AMKR ) stock closed at $43.22 per share. Amcor Technologies, Inc. (NASDAQ:AMKR)’s one-month return was -19.15%, and its shares have grown 124.75% over the past 52 weeks. Amcor Technologies Inc. ( NASDAQ:AMKR ) has a market capitalization of $10.689 billion.
iMGP Small Company Fund said the following about Amcor Technologies Inc. (NASDAQ: AMKR ) in its 2025 Q4 investor letter:
Amcor Technologies, Inc. (NASDAQ: AMKR ) was the top performer. AMKR then saw rankings centered around AI/Advanced Packaging momentum, which is driven by significant demand for AI computing. This was reinforced in November when NVIDIA Corporation (NVDA) said that AMKR has partnered with Advanced Packaging as part of a broader investment cycle that will see us reorganize and expand chip manufacturing capacity in the United States.
Amcor Technologies Inc. (NASDAQ: AMKR ) is not on our list of the 40 most popular stocks among hedge funds of 2026. According to our database, 48 hedge fund portfolios held Amcor Technologies Inc. (NASDAQ: AMKR ) at the end of the fourth quarter, up from 35 a year ago. While we accept Amcor Technologies (NASDAQ: AMKR ) as an investment, we believe some AI stocks offer higher potential and less risk. 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.
