Cullen Capital Administration, LLC, working beneath the title Schafer Cullen Capital Administration, Inc. (SCCM), has launched its “SCCM Enhanced Fairness Revenue Fund” third-quarter investor letter. A replica of the letter will be downloaded right here. US equities continued to rise within the third quarter, with the S&P 500 returning 8.1% whereas the Russell 1000 Worth was up 5.3%. The composite returned 0.9% (web) within the quarter, in comparison with a 3.5% return for the S&P 500 Purchase-Write Index (BXM) and a 2.5% return for the SPDR Bloomberg Excessive Yield Bond ETF (JNK). As well as, you possibly can verify the fund’s high 5 holdings to find out its finest picks for 2025.
In its third-quarter 2025 investor letter, SCCM Enhanced Fairness Revenue Fund highlighted shares reminiscent of Baxter Worldwide Inc. (NYSE:BAX). Baxter Worldwide Inc. (NYSE:BAX) is a healthcare firm that gives a portfolio of healthcare merchandise. The one-month return for Baxter Worldwide Inc. (NYSE:BAX) was 2.67%, and its shares gained 41.89% over the past 52 weeks. On December 04, 2025, Baxter Worldwide Inc. (NYSE:BAX) inventory closed at $18.48 per share, with a market capitalization of $9.5 billion.
SCCM Enhanced Fairness Revenue Fund acknowledged the next relating to Baxter Worldwide Inc. (NYSE:BAX) in its third quarter 2025 investor letter:
“Our place in Baxter Worldwide Inc. (NYSE:BAX) was bought within the quarter. Whereas Baxter has traditionally supplied robust returns to shareholders, its shares have considerably lagged because the onset of the Covid pandemic in 2020. Though administration had a plan to get better from Covid period challenges and enhance its profitability, together with the sale of its underperforming Kidney Care enterprise to non-public fairness, margin stress continued in 2024. Administration lower the dividend by 40% in early 2025 to enhance its monetary power and introduced a CEO change in July. Nonetheless, Baxter confronted ongoing pricing stress from hospital Group Buying Organizations (GPOs) in 2025, and confronted operational challenges together with security incidents with its Novum IQ giant quantity pump that pressured administration to chop the total 12 months earnings outlook. Though Baxter nonetheless has restoration potential in over the long-term, we determined to exit the place given the a number of near-term headwinds.”
Baxter Worldwide Inc. (NYSE:BAX) isn’t on our checklist of 30 Most Standard Shares Amongst Hedge Funds. In response to our database, 38 hedge fund portfolios held Baxter Worldwide Inc. (NYSE:BAX) on the finish of the third quarter, up from 31 within the earlier quarter. Whereas we acknowledge the potential of Baxter Worldwide Inc. (NYSE:BAX) as an funding, we consider sure AI shares provide higher upside potential and carry much less draw back danger. Should you’re in search of an especially undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the finest short-term AI inventory.