Hayden Capital’s second-quarter 2025 investment letter showed a strong performance with a 17.6% return, outperforming the S&P 500 and MSCI World Index. The portfolio’s top 5 holdings for 2025 are available for review.

SmartRent, Inc. (NYSE: SMRT), an enterprise real estate technology company, had a one-month return of 54.17% and a market capitalization of $278.345 million on August 29, 2025. Hayden Capital sold its remaining shares in SmartRent due to disappointing results over the last three years.

In the second quarter of 2025, SmartRent, Inc. (NYSE: SMRT) reported total revenue of $38.3 million, representing a 7% decrease sequentially and a 21% decrease year-over-year. Although acknowledging its potential, Hayden Capital believes other AI stocks offer greater upside potential with less downside risk.

Read more at Yahoo Finance: Hayden Capital’s Review on SmartRent (SMRT)