Brasada Capital Administration, an funding administration firm, launched its Q3 2025 investor letter. A duplicate of the letter might be downloaded right here. Within the letter, the agency famous that the market entered the fourth quarter with equities close to all-time highs and financial coverage easing. The agency additionally believes that this momentum may persist though there are indications {that a} capital expenditure bubble exists. Additional, the agency continues to take a position selectively in corporations with strong moats and money flows, whereas steering away from balance-sheet dangers. As well as, you possibly can test the fund’s prime 5 holdings to know its greatest picks in 2025.
In its third-quarter 2025 investor letter, Brasada Capital Administration highlighted shares corresponding to Superior Micro Units, Inc. (NASDAQ: AMD). Superior Micro Units, Inc. (NASDAQ:AMD) is a semiconductor firm that operates by way of Knowledge Middle, Consumer, Gaming, and Embedded segments. The one-month return of Superior Micro Units, Inc. (NASDAQ:AMD) was -9.69%, and its shares gained 66.36% of their worth over the past 52 weeks. On December 15, 2025, Superior Micro Units, Inc. (NASDAQ:AMD) inventory closed at $207.58 per share, with a market capitalization of $338.486 billion.
Brasada Capital Administration acknowledged the next concerning Superior Micro Units, Inc. (NASDAQ:AMD) in its third quarter 2025 investor letter:
“To know OpenAI’s present place, the most effective historic analogy is just not a latest cell platform like iOS, however quite Microsoft Home windows within the PC period. Simply as Microsoft leveraged DOS, and the purposes constructed for it to grow to be the default working system for the enterprise after which customers, OpenAI has leveraged ChatGPT to combination tons of of tens of millions of customers. This huge consumer base is the last word supply of energy, permitting OpenAI to exert gravitational pull on your complete AI worth chain, from the chipmakers as much as the cloud suppliers. This leverage is now getting used to orchestrate the buildout of the AI ecosystem on OpenAI’s phrases. Think about the chip layer.
Superior Micro Units, Inc. (NASDAQ:AMD) is in nineteenth place on our listing of 30 Most Standard Shares Amongst Hedge Funds. Based on our database, 115 hedge fund portfolios held Superior Micro Units, Inc. (NASDAQ:AMD) on the finish of the third quarter, up from 113 within the earlier quarter. Whereas we acknowledge the potential of Superior Micro Units, Inc. (NASDAQ:AMD) as an funding, we consider sure AI shares provide larger upside potential and carry much less draw back threat. In case you’re searching for a particularly undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the greatest short-term AI inventory.
