Spheria Asset Management’s October 2025 investor letter reported a -1.7% return for the Spheria Global Opportunities Fund in Q3, compared to the MSCI World Small Cap Accumulation Index’s 5.6% return. In October, the fund had a -1.6% return, compared to the benchmark’s 1.4%. The market shows speculative characteristics with high valuations.

United States Lime & Minerals, Inc. (NASDAQ: USLM) was highlighted in Spheria Asset Management’s October 2025 investor letter. The company manufactures lime and limestone products, with a one-month return of 1.35% and a 15.94% decline over the last 52 weeks. On December 8, 2025, USLM stock closed at $120.73 per share, with a market cap of $3.458 billion.

Spheria Asset Management’s investor letter mentioned United States Lime & Minerals, Inc. (USLM) as a significant detractor from performance, along with other holdings like Hemnet and Weis Markets. USLM is an integrated manufacturer of lime and limestone products primarily used in steel manufacturing and construction activities.

United States Lime & Minerals, Inc. (NASDAQ: USLM) is not among the 30 most popular stocks among hedge funds. 21 hedge fund portfolios held USLM at the end of Q3, down from 19 in the previous quarter. While acknowledging USLM’s potential, certain AI stocks offer greater upside potential. For more insights, visit the linked reports.

Another article covered United States Lime & Minerals, Inc. (USLM), sharing Diamond Hill Capital Small Cap Strategy’s views on the company. Check out the hedge fund investor letters Q3 2025 page for more insights from leading investors. Explore the best and worst Dow stocks for the next 12 months and 10 unstoppable stocks that could double your money.

Disclosure: None. Source: Insider Monkey.

Read more at Yahoo Finance: What Makes United States Lime & Minerals (USLM) a High-Quality Business?