Diamond Hill Capital's Small Cap Fund underperformed in Q1 but sees potential in Helios Technologies.

From Yahoo Finance: 2025-05-06 09:38:00

Diamond Hill Capital released its “Small Cap Fund” Q1 2025 investor letter, citing market volatility and a 4.7% drop in the Russell 3000 Index. Their fund returned -11.56% in Q1, underperforming the Russell 2000 Index. Helios Technologies, Inc. was highlighted in the letter, with a one-month return of 7.68% and a market cap of $920.958 million.

In Q1, Diamond Hill Small Cap Fund initiated positions in Helios Technologies, Inc., Titan America, and Avanos Medical amid increased market volatility. Despite Helios Technologies, Inc. not being among the 30 Most Popular Stocks Among Hedge Funds, the fund sees potential in AI stocks for higher returns in a shorter timeframe.

A hydraulic technician working on assembling a hydraulic system.

Read more: What Makes Helios Technologies (HLIO) an Investment Bet?