Rowan Street Capital’s third-quarter 2025 investor letter revealed a +0.22% return, with YTD returns of +20.4% net of fees, outperforming the S&P 500. The fund’s performance was driven by a refined process, yielding a +54.2% annual compound return over three years. For more details on the fund’s top picks, check its top five holdings.

In the investor letter, Rowan Street Capital highlighted Meta Platforms, Inc. (META), a tech company connecting people. META’s one-month return was -3.58%, with shares gaining 30.11% over 52 weeks. As of October 22, 2025, META stock closed at $733.41 per share, with a market cap of $1.84 trillion.

Rowan Street Capital’s letter praised Meta Platforms, Inc. (META) as a long-term investment with a compound annual growth rate of over 21% since initial purchase. The company’s competitive advantages and operational excellence drive its success, showcasing the benefits of patience and conviction in exceptional businesses.

Meta Platforms, Inc. (META) ranks third on the list of 30 Most Popular Stocks Among Hedge Funds. In Q2 2025, 260 hedge funds held META, with a revenue increase of 22% reported. While acknowledging META’s potential, some AI stocks may offer greater upside potential with less downside risk. Explore our free report for insights on undervalued AI stocks.

Read more at Yahoo Finance: An Example of the Strength of Long-Term Investment