Kovitz Investment Group Partners, LLC released its second-quarter 2025 investor letter, showing a 7.9% return for the Kovitz Core Equity Strategy, compared to the S&P 500’s 10.9%. The S&P 500 saw significant volatility after President’s tariff announcement, dropping 11% initially but rallying 25% after a 90-day postponement on April 9th.

In the investor letter, Kovitz Core Equity Strategy highlighted Meta Platforms, Inc. (NASDAQ:META), a technology company connecting people. META had a one-month return of 4.19% and gained 56.15% over the last 52 weeks, closing at $763.46 per share on August 5, 2025, with a market capitalization of $1.918 trillion.

Meta Platforms, Inc. (NASDAQ:META) reported stronger-than-expected growth in advertising revenues in Q1, with improved user engagement and ad targeting. Revenue guidance for the following quarter suggests continued double-digit growth, despite exposure to Asia-based advertisers and ecommerce retailers with supply chains dependent on China.

Meta Platforms, Inc. (NASDAQ:META) is the third most popular stock among hedge funds, with 273 portfolios holding it at the end of the first quarter. In the second quarter of 2025, META reported revenue of $47.5 billion, a 22% increase. While acknowledging its potential, some believe other AI stocks offer greater upside potential and less downside risk.

Read more at Yahoo Finance: Here’s What Boosted Meta Platforms (META) in Q2