Long Cast Advisers, an investment management firm, released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund’s cumulative net returns improved 19%. Year-to-date cumulative net returns through quarter-end remain down 4%. The fund returned a cumulative 253% net of fees, or 12% CAGR, since its inception in November 2015 through the quarter-end of Q2 2025. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.
In its second-quarter 2025 investor letter, Long Cast Advisers highlighted stocks such as Quest Resource Holding Corporation (NASDAQ:QRHC). Headquartered in The Colony, Texas, Quest Resource Holding Corporation (NASDAQ:QRHC) provides waste and recycling services. The one-month return of Quest Resource Holding Corporation (NASDAQ:QRHC) was -19.20%, and its shares lost 78.48% of their value over the last 52 weeks. On September 02, 2025, Quest Resource Holding Corporation (NASDAQ:QRHC) stock closed at $1.81 per share, with a market capitalization of $37.49 million.
Long Cast Advisers stated the following regarding Quest Resource Holding Corporation (NASDAQ:QRHC) in its second quarter 2025 investor letter:
“In my July email, I called out two stocks – CCRD and Quest Resource Holding Corporation (NASDAQ:QRHC) – and both have had substantive news worth updating. Also subsequent to the quarter, QRHC reported meaningful cash flow generation for the first time in two years. As I wrote in my July email, I would love to put the proceeds from CCRD into QRHC, a long time position that has more than halved (twice) since September, but I am hesitant until I see the effect of recent managerial changes on operations. Cash flow generation is one of those small but important indicators. We have been selectively adding.
Quest Resource Holding Corporation (NASDAQ:QRHC) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 12 hedge fund portfolios held Quest Resource Holding Corporation (NASDAQ:QRHC) at the end of the second quarter, which was 9 in the previous quarter. Quest Resource Holding Corporation (NASDAQ:QRHC) reported revenue of $59.5 million in the second quarter of 2025, marking a decrease of 19% compared to Q2 2024. While we acknowledge the potential of Quest Resource Holding Corporation (NASDAQ:QRHC) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
