Rowan Street Capital’s third-quarter 2025 investor letter shows a +0.22% return, with YTD returns of +20.4% net of fees, outperforming the S&P 500. The fund’s performance was driven by a refined process, delivering a +266% cumulative return over three years. For more details on the fund’s top picks, check its top five holdings.

Tesla, Inc. (NASDAQ:TSLA) was highlighted in Rowan Street Capital’s investor letter, with a one-month return of 1.82% and shares up 65.51% in the last 52 weeks. On October 22, 2025, Tesla closed at $438.97 per share, with a market cap of $1.46 trillion.

In the investor letter, Rowan Street Capital mentioned Tesla as a new idea, appreciating 76% since initiation. The founder-led, competitively advantaged business represents the type of long-term holding the firm aims for.

Tesla (TSLA) ranks 23rd on the list of 30 Most Popular Stocks Among Hedge Funds. 115 hedge funds held Tesla at the end of the second quarter, up from 104 in the previous quarter. While Tesla shows promise, certain AI stocks may offer greater upside potential and less downside risk. For more information, check out the free report on the best short-term AI stock.

Read more at Yahoo Finance: Rowan Street Capital on Its New Addition to Tesla (TSLA)