Kovitz Investment Group Partners, LLC released its second-quarter 2025 investor letter, with a 7.9% return compared to the S&P 500’s 10.9%. The S&P 500 saw significant volatility after the President’s tariff announcement, dropping 11% initially but rallying 25% after a 90-day postponement. Review their top 5 holdings for 2025 insights.

Hasbro, Inc. (NASDAQ:HAS) was highlighted in Kovitz Core Equity Strategy’s Q2 2025 letter, with a 0.38% one-month return and 21.98% gain over 52 weeks. Stock closed at $76.97 on August 5, 2025, with a market cap of $10.794 billion. The company has faced challenges post-COVID but continues to improve operations.

Kovitz Core Equity Strategy decided to sell its position in Hasbro, Inc. (NASDAQ:HAS) due to limited growth potential post-COVID and exposure to tariffs on Chinese-manufactured products. Despite positive progress in certain divisions, the overall industry challenges influenced the decision to reallocate capital to other portfolio names with less downside risk.

Hasbro, Inc. (HAS) is not among the 30 most popular stocks among hedge funds, with 39 portfolios holding it at the end of Q1. While Hasbro has potential, AI stocks offer greater upside potential with less downside risk. Explore undervalued AI stocks in the free report for investment opportunities.

Read more at Yahoo Finance: Kovitz Core Equity Strategy Decided to Sell Hasbro (HAS) in Q2