Cooper Investors, an investment management firm, released its “Cooper Investors Global Equities Fund (Unhedged)” second quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned 5.21% in the second quarter, compared to a 6.05% return for the MSCI AC World Index Net Divs in Australian benchmark. The portfolio returned 24.4% for the financial year compared to 18.4% return for the benchmark. In addition, please check the fund’s top five holdings to know its best picks in 2025.
In its second quarter 2025 investor letter, Cooper Investors Global Equities Fund highlighted stocks such as CDW Corporation (NASDAQ:CDW). CDW Corporation (NASDAQ:CDW) is an information technology (IT) solutions provider. The one-month return of CDW Corporation (NASDAQ:CDW) was 3.37%, and its shares lost 24.81% of their value over the last 52 weeks. On July 16, 2025, CDW Corporation (NASDAQ:CDW) stock closed at $175.73 per share with a market capitalization of $23.141 billion.
Cooper Investors Global Equities Fund stated the following regarding CDW Corporation (NASDAQ:CDW) in its second quarter 2025 investor letter:
CDW is the largest IT reseller in North America. It effectively serves as an outsourced sales and marketing provider for hardware and software vendors, and an extension of its customer’s IT team, who rely on CDW’s expertise. Operating trends for the business have been persistently weak as IT hardware spending, which accounts for roughly 50% of its gross profit, has been in a downturn. CDW’s customer base, which skews smaller, has also had to deal with higher interest rates and digesting IT spend from the COVID period. We exited the investment in CDW earlier in the year.
An IT Executive reviewing blueprints and schematics for a hardware solution.
CDW Corporation (NASDAQ:CDW) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 44 hedge fund portfolios held CDW Corporation (NASDAQ:CDW) at the end of the first quarter, which was 46 in the previous quarter. In the first quarter, CDW Corporation (NASDAQ:CDW) reported net sales of $5.2 billion, up 8% on an average daily sales basis. While we acknowledge the potential of CDW 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.
In another article, we covered CDW Corporation (NASDAQ:CDW) and shared Oakmark Equity and Income Fund’s views on the company. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.
