13D Activist Fund’s Q3 2025 investor letter revealed a 8.88% return for the quarter, lower than the Russell 2000 Index’s 12.39%. Viasat, Inc. (NASDAQ:VSAT) was highlighted as a stock pick, with a one-month return of -3.38% and shares up 292.33% over 52 weeks, closing at $34.29 per share on Dec. 3, 2025.

In the same letter, 13D Activist Fund mentioned their investment in Viasat, Inc. (NASDAQ:VSAT) by Carronade Capital, noting the undervalued nature of the company. Viasat’s stock saw double-digit gains due to a Musk-Trump dispute. 31 hedge fund portfolios held VSAT at the end of Q3 2025, with revenue up 2% year-over-year in Q2 2026.

While Viasat, Inc. (NASDAQ:VSAT) is not among the 30 Most Popular Stocks Among Hedge Funds, it remains a potential investment. The fund acknowledges Viasat’s upside potential but believes certain AI stocks offer better prospects. In a separate article, Viasat, Inc. (NASDAQ:VSAT) was listed among the hottest SMID-cap stocks in 2025.

Read more at Yahoo Finance: Do You Think Viasat (VSAT) is a Materially Misunderstood Business?