Loomis Sayles released its third-quarter 2025 investor letter, noting strong US equity performance driven by easing tariff concerns and pro-growth budget. The Small Cap Value Fund returned 6.21% in the quarter, compared to 12.60% for the Russell 2000 Value Index. Check out the fund’s top five holdings for 2025.

In the same investor letter, Loomis Sayles highlighted Kyndryl Holdings, Inc. (NYSE:KD), a technology services company with a 7.23% one-month return. On December 24, 2025, KD stock closed at $27.28 per share, with a market cap of $6.306 billion.

The fund noted a market shift towards “risk-on” and “low-quality” stocks, impacting stock selection measures. Kyndryl Holdings, Inc. (NYSE:KD) detracted from performance in the third quarter, alongside Haemonetics Corporation and Alight, Inc.

Kyndryl Holdings, Inc. (NYSE:KD) is not among the 30 most popular stocks among hedge funds. 24 hedge fund portfolios held KD at the end of the third quarter, down from 36 in the previous quarter. In Q2 of fiscal 2026, KD reported revenue of $3.7 billion, showing a decrease from the prior year.

Read more at Yahoo Finance: Kyndryl Holdings (KD) Fell Following Weak Bookings