Aoris Investment Management, a specialist international equity manager, released its Q4 2024 investor letter. A copy of the letter can be downloaded here. In 2024, Portfolio’s Class A (Unhedged) returned 22.9% after fees compared to 29.8% return for the benchmark. The fund’s Class C (Hedged) returned -12.3% compared to a 19.7% return for the benchmark. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2024.
In its fourth quarter 2024 investor letter, Aoris Investment Management emphasized stocks such as RELX PLC (NYSE:RELX). RELX PLC (NYSE:RELX) offers information-based analytics and decision tools for professional and business customers. The one-month return of RELX PLC (NYSE:RELX) was 7.08%, and its shares gained 20.60% of their value over the last 52 weeks. On February 13, 2025, RELX PLC (NYSE:RELX) stock closed at $51.91 per share with a market capitalization of $95.91 billion.
Aoris Investment Management stated the following regarding RELX PLC (NYSE:RELX) in its Q4 2024 investor letter:
"RELX PLC (NYSE:RELX) is a leading global provider of data, decisioning tools and analytics to users in professional markets, including legal, academic, banking, and insurance underwriting. RELX has transitioned from a provider of simple data and content, to increasingly being a supplier of productivity enabling analytic and decisioning tools, thereby becoming more relevant to its professional users. This became more apparent in 2024 when RELX’s growth accelerated notably in several key end markets, and we expect growth will continue to gradually accelerate for a number of years.
As well as the good operating performance from these three portfolio companies, their attractive valuation at the beginning of the year contributed to their strong share price performance in 2024."
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RELX PLC (NYSE:RELX) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 15 hedge fund portfolios held RELX PLC (NYSE:RELX) at the end of the third quarter which was 18 in the previous quarter. While we acknowledge the potential of RELX PLC (NYSE:RELX) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
In another article we discussed RELX PLC (NYSE:RELX) and shared Morgan Stanley’s best European AI stocks. In addition, please check out our hedge fund investor letters Q3 2024 page for more investor letters from hedge funds and other leading investors.
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Disclosure: None. This article is originally published at Insider Monkey.
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