Pelican Bay Capital Management, an investment management company, released its third-quarter 2025 investor letter. A copy of the same can be downloaded here. PBCM Concentrated Value Strategy returned 7.8% in the quarter, compared to a 5.3% return for the Russell 1000 Value Index. YTD, the fund returned 11.2% compared to 11.6% for the index. In addition, please check the fund’s top five holdings to know its best picks in 2025.
In its third-quarter 2025 investor letter, PBCM Concentrated Value Strategy highlighted stocks such as Kinsale Capital Group, Inc. (NYSE:KNSL). Founded in 2009, Kinsale Capital Group, Inc. (NYSE:KNSL) is a prop…
Pelican Bay Capital Management, an investment management company, released its third-quarter 2025 investor letter. A copy of the same can be downloaded here. PBCM Concentrated Value Strategy returned 7.8% in the quarter, compared to a 5.3% return for the Russell 1000 Value Index. YTD, the fund returned 11.2% compared to 11.6% for the index. In addition, please check the fund’s top five holdings to know its best picks in 2025.
In its third-quarter 2025 investor letter, PBCM Concentrated Value Strategy highlighted stocks such as Kinsale Capital Group, Inc. (NYSE:KNSL). Founded in 2009, Kinsale Capital Group, Inc. (NYSE:KNSL) is a property and casualty insurance company. The one-month return of Kinsale Capital Group, Inc. (NYSE:KNSL) was -17.48%, and its shares lost 12.31% of their value over the last 52 weeks. On November 6, 2025, Kinsale Capital Group, Inc. (NYSE:KNSL) stock closed at $393.10 per share, with a market capitalization of $9.145 billion.
PBCM Concentrated Value Strategy stated the following regarding Kinsale Capital Group, Inc. (NYSE:KNSL) in its third quarter 2025 investor letter:
“Kinsale Capital Group, Inc. (NYSE:KNSL) shares fell 10% this quarter. The decline was driven by challenges in the Excess and Surplus (E&S) insurance market, which is facing increased competition and lower insurance premiums. Consequently, the company’s rapid pace of policy growth over the last four years is expected to decelerate in the coming quarters.
Jim Cramer on Kinsale Capital Group, Inc. (KNSL) – “Very Good Group, Very Good Stock – I Would Own It”
Kinsale Capital Group, Inc. (NYSE:KNSL) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 31 hedge fund portfolios held Kinsale Capital Group, Inc. (NYSE:KNSL) at the end of the second quarter, compared to 33 in the previous quarter. While we acknowledge the potential of Kinsale Capital Group, Inc. (NYSE:KNSL) 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 thebest short-term AI stock.