Riverwater Partners’ Q3 2025 investor letter for its Micro Opportunities Strategy showed solid returns but trailed the benchmark due to a strong market rally. The strategy focuses on quality companies in a volatile market. Check the fund’s top 5 holdings for insights on its 2025 picks.

Mayville Engineering Company, Inc. (NYSE: MEC) was highlighted in Riverwater Partners’ Q3 2025 investor letter. The metal fabrication company saw a 21.67% one-month return and 12.31% gain over 52 weeks. On December 16, 2025, MEC closed at $18.25 per share with a market cap of $370.81 million.

In the same letter, Riverwater Partners mentioned that while some holdings like Mayville Engineering Company, Inc. (NYSE: MEC) faced short-term challenges due to softening customer demand, they remain optimistic about MEC’s long-term prospects in reshoring manufacturing.

Mayville Engineering Company, Inc. (NYSE: MEC) was not among the 30 most popular stocks among hedge funds in Q3 2025. 7 hedge fund portfolios held MEC, down from 11 in the previous quarter. MEC’s total sales increased 6.6% year-over-year to $144.3 million in Q3 2025. Despite its potential, other AI stocks may offer greater upside with less risk.

Read more at Yahoo Finance: What Makes Mayville Engineering Company (MEC) a Good Long-Term Holding?