Oakmark fund, advised by Harris Associatespublished his investor letter from the first quarter of “Oakmark International Fund”. A copy of the letter can be downloaded here. For the closed quarter on March 31, 2025, the fund’s investors’ share class returned 7.88% compared to the yield of 6.20% of the MSCI World exce. Since its creation, the fund has returned 8.37% compared to a yield of 6.07% for the index. The financial sector and health care contributed to the performance of the fund during the quarter, while communication services and information technology have harmed. In addition, you can consult the 5 best assets of the fund to determine its best choices for 2025.
In its letter of investors of the first quarter of 2025, the International Oakmark Fund highlighted actions such as Flutter Entertainment PLC (NYSE: Flut). Flutter Entertainment PLC (NYSE: Flut) is a sports and playing company. The yield of one month of Flutter Entertainment PLC (NYSE: Flut) was -6.00%, and its shares gained 25.31% of their value in the last 52 weeks. On April 16, 2025, Flutter Entertainment PLC (NYSE: Flut) closed $ 227.18 per share with a market capitalization of $ 40.15 billion.
Oakmark International Fund declared the following concerning Flutter Entertainment PLC (NYSE: Flut) in its letter of investors T1 2025:
“Flutter Entertainment PLC (NYSE: Flut) is the largest online game company in the world, with a portfolio of online sports betting brands and online casino, including Fanduel, Sportsbet, Pokerstars and Paddy Power. The company commands the number one market position in the vast majority of its income base driven by its best product in class. We appreciate that online game promotes players on a scale and believe that management went well to capitalize on the strong secular growth that the penetration of online game continues to increase. A recent sale in the course of the action made it possible to buy actions in a company led by a management team renowned for the execution of first order and the allowance of capital. “”
Flutter Entertainment PLC (NYSE: Flut) is not on our list of 30 most popular stocks among hedge funds. According to our database, 98 hedge fund portfolios organized Flutter Entertainment PLC (NYSE: Flut) at the end of the fourth quarter which was 69 in the previous quarter. While we recognize the potential of Flutter Entertainment PLC (NYSE: Flut) as an investment, our conviction lies in the conviction that AI actions are more promising for higher yield provision and doing it within a shorter period. If you are looking for a stock of AI which is as promising as Nvidia but which is negotiated within 5 times its income, consult our report on the Stock ai the cheapest.