Prosper Stars & Stripes released its Q2 2025 investor letter, showing a net return of +9.6%. The fund underperformed the small-cap Russell 2000 Index but outperformed the HFRX Equity Hedge Index. Helen of Troy Limited (NASDAQ: HELE) was highlighted as a top pick, with a one-month return of 13.82% and a market cap of $563.553 million.

Helen of Troy Limited (NASDAQ: HELE) was the largest short book contributor for Prosper Stars & Stripes in Q2 2025. The consumer-packaged goods company struggled due to poor management decisions, leading to a successful short position for the fund. Helen of Troy Limited (HELE) is not among the 30 most popular stocks among hedge funds.

Prosper Stars & Stripes expressed concern over changing supply chains affecting Helen of Troy Limited (NASDAQ: HELE) in its Q1 2025 investor letter. The fund highlighted the potential impact on the company’s operations. For more hedge fund investor letters and insights, visit the hedge fund investor letters Q2 2025 page.

Read more at Yahoo Finance: Prosper Stars & Stripes Exited Helen of Troy Limited (HELE) After Achieving Solid Returns