Atai Capital Management released its Q2 2025 investor letter, reporting a 32.8% return in the quarter and 29.4% YTD, outperforming the S&P 500 and other indices. The letter also reveals the fund’s top 5 holdings for 2025.

Highlighting Cable One, Inc. (NYSE:CABO), Atai Capital Management’s letter discusses its investment thesis in the company and its growth potential in the face of competition from fiber overbuilders and fixed wireless access providers.

Cable One, Inc. (NYSE:CABO) saw a 9.75% one-month return and shares closed at $153.99 per share on August 15, 2025. The company’s market capitalization was $866.8089 million, with 29 hedge funds holding its stock by the end of the first quarter.

While Cable One, Inc. (NYSE:CABO) shows promise, Atai Capital Management believes certain AI stocks offer greater potential with less downside risk. The company’s second-quarter revenues decreased from $394.5 million in 2024 to $381.1 million in 2025, prompting consideration of other investment opportunities.

For more insights on Cable One, Inc. (NYSE:CABO), check out other articles covering the company and investor opinions. Explore hedge fund investor letters from Q2 2025 and discover the best and worst Dow stocks for the next 12 months and 10 unstoppable stocks that could double your money.

Disclosure: None. Original article published on Insider Monkey.

Read more at Yahoo Finance: Atai Capital Management Sold Cable One (CABO), Recognizing the Mistake