Silver Beech Capital released its Q2 2025 investor letter, boasting a net annualized return of 19.9% since inception. The fund was up 0.3% in Q2, outperforming the S&P 500 by 6.9%. US economic fundamentals are strong, and financial markets are optimistic. Check out the fund’s top 5 holdings for 2025 picks.

In the Q2 2025 letter, Silver Beech Capital highlighted Southwest Gas Holdings, Inc. (NYSE: SWX). SWX deals in natural gas distribution, with a one-month return of -0.51% and a 15.32% gain over the last 52 weeks. On September 05, 2025, SWX stock closed at $78.60 per share, with a market cap of $5.658 billion.

Silver Beech Capital describes Southwest Gas Holdings, Inc. (NYSE: SWX) as a mid-cap holding company with Southwest Gas Corporation and a majority stake in Centuri Holdings (NYSE: CTRI). SWX is not in the 30 Most Popular Stocks Among Hedge Funds, with 27 hedge fund portfolios holding it in Q2. Silver Beech Capital sees greater potential in certain AI stocks.

Read more at Yahoo Finance: Silver Beech Capital’s Investment Thesis for Southwest Gas Holdings (SWX)