From Yahoo Finance: 2025-05-06 09:47:00

Diamond Hill Capital released its “Small Cap Fund” first-quarter 2025 investor letter, citing market volatility under the new presidential administration. The Russell 3000 Index fell by 4.7%, its first quarterly loss since Q3 2023. Diamond Hill Small Cap Fund returned -11.56% in Q1, trailing the Russell 2000 Index’s -9.48% return.

Avanos Medical, Inc. (NYSE:AVNS) was highlighted in Diamond Hill Small Cap Fund’s Q1 2025 investor letter. The medical technology company saw a one-month return of -1.61% and shares lost 37.62% over the last 52 weeks. On May 5, 2025, Avanos Medical, Inc. (NYSE:AVNS) closed at $12.19 per share with a market cap of $560.779 million.

In the Q1 2025 investor letter, Diamond Hill Small Cap Fund mentioned new positions, including Avanos Medical, Inc. (NYSE:AVNS), amid heightened market volatility. The fund aims to capitalize on opportunities as volatility continues into Q2, expecting to reposition its portfolio accordingly.

Avanos Medical, Inc. (NYSE:AVNS) is not among the 30 most popular stocks among hedge funds, with 19 portfolios holding it in Q4 compared to 13 in Q3. While recognized for its potential, hedge funds see greater promise in AI stocks for higher returns. Check out Insider Monkey for more insights on investment opportunities.

For further analysis on Avanos Medical, Inc. (NYSE:AVNS) and hedge fund perspectives, refer to additional articles and investor letters. Stay informed with the latest trends and investment strategies in the market. Visit Insider Monkey for more updates and expert insights on investment opportunities.



Read more at Yahoo Finance: Positioned for Growth Under New Leadership