GreensKeeper Value Fund's 2025 Performance Highlights: Alphabet and American Express Lead the Way

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The GreensKeeper Value Fund's Q4 2025 letter offers a detailed look into its investment performance, highlighting key contributors and strategic decisions. The report emphasizes a commitment to long-term ownership, driven by a deep understanding of market leaders and their intrinsic value.

Strategic Investments: Unveiling the Path to Sustained Growth

Alphabet's Dominance: A Pillar of Innovation and Financial Strength

Alphabet Inc. emerged as the GreensKeeper Value Fund's leading investment in 2025, delivering an impressive 64.8% return. Despite market fluctuations, Alphabet’s shares concluded the year significantly higher, showcasing the company's resilience and robust market position. The company continues to control approximately 90% of global web search, a testament to its enduring market leadership. Furthermore, Alphabet generates over $150 billion in annual operating cash flow, providing a solid foundation for future growth and innovation. Its ability to attract and retain world-class research talent underscores its commitment to technological advancement and maintaining a competitive edge in the rapidly evolving digital landscape.

American Express: Capturing the Next Generation of Consumers

American Express played a crucial role as the second-largest contributor to the fund's success in 2025, achieving a 24.7% return. The company's strategic focus on younger demographics has paid off, with millennials and Gen Z accounting for 60% of new account acquisitions globally. This strong engagement with younger consumers positions American Express favorably for sustained growth, as these segments represent a significant portion of future spending power. The company's efforts to innovate and adapt to the preferences of these generations are key to its continued expansion and market relevance.

Long-Term Vision: The Cornerstone of Investment Philosophy

The GreensKeeper Value Fund reiterates its unwavering commitment to long-term ownership. This philosophy is rooted in the belief that investing in high-quality companies with strong fundamentals and sustainable competitive advantages will yield superior returns over time. By focusing on intrinsic value and patiently holding investments, the fund aims to capitalize on the compounding growth of its portfolio companies, navigating short-term market volatility with a clear vision for the future. This patient approach allows the fund to benefit from the long-term trends and innovations that drive true economic value.

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