From Yahoo Finance: 2025-03-31 10:40:00

River Road Asset Management released its Q4 2024 investor letter, showing the AMG River Road Small Cap Value Fund returned 7.35% in Q4 and 14.07% for the year, outperforming the Russell 2000® Value Index. The fund’s top holding, The GEO Group, Inc. (NYSE: GEO), had a one-month return of 9.66% and gained 101.72% over the last 52 weeks.

In the investor letter, River Road Small Cap Value Fund highlighted The GEO Group, Inc. (NYSE: GEO) as a top contributor to its portfolio, citing the company’s ownership and operation of private prisons. The fund believes GEO will benefit from increased demand for detention beds due to immigration policies, trimming its position accordingly. The stock closed at $29.31 with a market cap of $4.096 billion on March 28, 2025.

The GEO Group, Inc. (NYSE: GEO) was held in 39 hedge fund portfolios at the end of Q4 2024, up from 28 in the previous quarter. While the stock shows promise, Insider Monkey believes AI stocks offer higher returns in a shorter timeframe. For more insights on small-cap stocks and hedge fund investor letters, visit their website.

Overall, River Road Small Cap Value Fund’s Q4 2024 investor letter emphasized the performance of The GEO Group, Inc. (NYSE: GEO) and its potential in the market. The fund sees opportunities in the company’s role in immigration policies and detention bed demand, adjusting its position accordingly. For more information on top holdings and market trends, readers can access the full investor letter online.



Read more at Yahoo Finance: River Road Small Cap Value Fund’s Largest Q4 Contributor