Parnassus Investments released its Q2 2025 investor letter, reporting a 7.24% net return, outperforming the Russell 1000 Value Index at 3.79%. Top 5 holdings are highlighted in the letter, showing the firm’s key investment positions for 2025. Simon Property Group Inc (NYSE: SPG) is mentioned in the letter, reaching the upper end of its valuation range.

Simon Property Group Inc (NYSE: SPG) is a self-administered real estate investment trust. Over the past month, SPG rose by 4.62%, with shares gaining 10.53% in the last 12 months. On August 12, 2025, SPG shares closed at $169.22, with a market cap of $63.8 billion. The fund believes SPG’s valuation doesn’t account for potential uncertainties in consumer spending and tariffs’ impact on retail tenants.

Despite beating earnings expectations with an EPS of $3.05, Simon Property Group Inc (NYSE: SPG) is not among the 30 most popular stocks among hedge funds. 47 hedge fund portfolios held SPG positions in Q1 2025, up from 40 in the previous quarter. The fund sees greater potential in certain AI stocks with less downside risk.

For more insights on Simon Property Group Inc (NYSE: SPG) and other companies, check out additional articles and investor letters from hedge funds and leading investors. Explore the latest on the best and worst Dow stocks for the next 12 months and 10 unstoppable stocks that could double your money. Disclosure: None.

Read more at Yahoo Finance: Time to Go Short on Simon Property Group (SPG)?