BILL Holdings (BILL) Struggles as Consumer Confidence Weakens

Frontier Capital Management released its first quarter 2025 investor letter for the Frontier Small Cap Growth Fund, showing a return of -14.43% for Class N shares compared to -11.12% for the benchmark. The fund’s 12-month return was -14.50%, while US equities traded lower in the first quarter.

BILL Holdings, Inc. (NYSE:BILL) was highlighted in the fund’s investor letter, with a one-month return of 5.68% and a 52-week loss of 8.49%. The stock closed at $48.21 per share on July 3, 2025, with a market cap of $4.97 billion. The fund expressed concerns about BILL’s ability to maintain margins due to lower adoption rates and consumer confidence weakness.

BILL Holdings, Inc. (NYSE:BILL) is not among the 30 most popular stocks among hedge funds, with 53 portfolios holding the stock at the end of the first quarter. In the fiscal third quarter of 2025, BILL reported revenue of $358 million, up 11% year-over-year. While BILL has potential, the focus is on AI stocks for higher returns in a shorter timeframe.

Read more at Yahoo Finance: BILL Holdings (BILL) Fell due to Weakness in Consumer Confidence