Fenimore Asset Management’s Q4 2025 investor letter discusses a solid yet volatile stock market in 2025. Large-cap tech and communication services stocks led the market, with the S&P 500 rising 2.66%. AI stocks outpacing high-quality stocks is seen as unsustainable. Fenimore Small Cap Strategy returned -4.12%, underperforming the Russell 2000 Index.

In Q4 2025, CDW Corporation (NASDAQ: CDW) was a detractor to Fenimore Dividend Focus Strategy’s performance. The IT industry saw some momentum with the Windows 11 refresh, but overall earnings growth only modestly improved. CDW Corporation (NASDAQ: CDW) stock closed at $132.29 per share on January 15, 2026.

CDW Corporation (NASDAQ: CDW) wasn’t among the 30 most popular stocks among hedge funds in Q3 2025. 48 hedge fund portfolios held CDW Corporation (NASDAQ: CDW) at the end of the third quarter. CDW Corporation reported consolidated net sales of $5.7 billion in Q3 2025, up 4% from the previous year. Certain AI stocks offer greater upside potential and less downside risk compared to CDW Corporation.

Oakmark Fund added CDW Corporation, citing diverse growth signals. Check out more investor letters from hedge funds and leading investors to stay informed. Explore the best and worst Dow stocks for the next 12 months and 10 unstoppable stocks that could double your money. This article is originally published at Insider Monkey.

Read more at Yahoo Finance: Here’s What Hit CDW Corporation (CDW) in Q4