The London Company released its second quarter 2025 investor letter, noting a double-digit gain in U.S. stocks after a Q1 downturn. Portfolio fell 0.6% in Q2 vs. an 8.6% increase in the Russell 2500 Index. Sector allocation contributed, while stock selection detracted from performance.

The London Company highlighted Murphy USA Inc. (NYSE:MUSA) in its Q2 2025 investor letter. Murphy USA operates retail stores for fuel products and merchandise. Stock’s one-month return was -0.92%, with shares losing 16.74% over the last 52 weeks. On July 28, 2025, stock closed at $420.53 with a market cap of $8.31 billion.

In the Q2 investor letter, The London Company discussed Murphy USA Inc. (NYSE:MUSA) performance, noting lower market share gains in Q1 due to fuel prices. Long-term thesis includes higher industry fuel margins and value-creating capital allocation strategies.

Murphy USA Inc. (NYSE:MUSA) is not among the 30 most popular stocks among hedge funds. 33 hedge fund portfolios held MUSA at the end of Q1, consistent with the previous quarter. While MUSA has potential, other AI stocks may offer greater upside potential with less downside risk.

For more insights on Murphy USA Inc. (NYSE:MUSA), check out Qualivian Investment Partners’ views in a previous article. Explore hedge fund investor letters from Q2 2025 for more perspectives from leading investors on various companies and market trends.

Read more at Yahoo Finance: Murphy USA (MUSA) Fell Due to Softer Market Share Gains