TCW Global Real Estate Fund’s third-quarter 2025 investor letter revealed a +2.37% return for the fund compared to +4.50% for the S&P Global REIT Index. The fund’s overweight allocation in Diversified Real Estate Activities positively impacted performance, while the overweight in Telecom Tower REITs had a negative effect. Iron Mountain Incorporated (NYSE:IRM) was highlighted in the letter as a stock of interest, with a one-month return of -1.01% and shares losing 20.93% over the last 52 weeks.

In the investor letter, TCW Global Real Estate Fund discussed Iron Mountain Incorporated’s position as a global leader in the records management industry, noting growth from new ventures like data centers and tech hardware recycling. The company’s stock closed at $81.99 on December 26, 2025, with a market capitalization of $24.235 billion. Iron Mountain Incorporated (NYSE:IRM) is not among the 30 most popular stocks among hedge funds, with 37 hedge fund portfolios holding the stock at the end of the third quarter.

Iron Mountain Incorporated (NYSE:IRM) saw a 13% increase in revenue to $1.8 billion in the third quarter of 2025. While the company has potential as an investment, some AI stocks may offer greater upside potential with less downside risk. Investors seeking undervalued AI stocks can explore a free report on the best short-term AI stock.

Read more at Yahoo Finance: TCW Concentrated Large Cap Growth Fund Initiated a Position in Iron Mountain, Inc. (IRM) in Q3