Right here’s Why White Mountains Insurance coverage Group Ltd (WTM) Fell in Q3

The London Firm, an funding administration firm, launched “The London Firm Small Cap Technique” third-quarter 2025 investor letter. A duplicate of the letter will be downloaded right here. US equities continued their rally within the third quarter, pushed by the Fed charge minimize, strong company earnings, and enthusiasm round AI. The small-cap portfolio appreciated 1.9% (2.4% web) within the third quarter, in comparison with the Russell 2000 Index’s 12.4% achieve. Please assessment the fund’s prime 5 holdings to achieve perception into their key alternatives for 2025.

In its third-quarter 2025 investor letter, The London Firm Small Cap Technique highlighted shares similar to White Mountains Insurance coverage Group, Ltd. (NYSE:WTM). Headquartered in Hamilton, Bermuda, White Mountains Insurance coverage Group, Ltd. (NYSE:WTM) is an insurance coverage and different monetary providers supplier. The one-month return of White Mountains Insurance coverage Group, Ltd. (NYSE:WTM) was -0.28%, and its shares gained 6.82% of their worth over the past 52 weeks. On November 3, 2025, White Mountains Insurance coverage Group, Ltd. (NYSE:WTM) inventory closed at $1,899.87 per share, with a market capitalization of $4.892 billion.

The London Firm Small Cap Technique said the next concerning White Mountains Insurance coverage Group, Ltd. (NYSE:WTM) in its third quarter 2025 investor letter:

“White Mountains Insurance coverage Group, Ltd. (NYSE:WTM) – WTM was a backside title as a consequence of business headwinds and funding volatility in its portfolio. Issues about residuals from early disaster hits have additionally pressured the inventory. We stay assured within the firm’s skill to ship outsized progress in guide worth per share over time by prudent capital allocation.”

White Mountains Insurance coverage Group, Ltd. (NYSE:WTM) just isn’t on our checklist of 30 Most Common Shares Amongst Hedge Funds. In line with our database, 20 hedge fund portfolios held White Mountains Insurance coverage Group, Ltd. (NYSE:WTM) on the finish of the second quarter, up from 19 within the earlier quarter. Whereas we acknowledge the potential of White Mountains Insurance coverage Group, Ltd. (NYSE:WTM) as an funding, we consider sure AI shares provide higher upside potential and carry much less draw back danger. When you’re on the lookout for a particularly undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring pattern, see our free report on the finest short-term AI inventory.

In one other article, we lined White Mountains Insurance coverage Group, Ltd. (NYSE:WTM) and shared The London Firm’s views on the corporate within the earlier quarter. As well as, please take a look at our hedge fund investor letters Q3 2025 web page for extra investor letters from hedge funds and different main traders.