The Davenport Equity Opportunities Fund Q1 2025 Commentary

April 30, 2025 11:15:00 am

Source: SeekingAlpha

2025-04-30 11:15:00 ET

Summary

The Davenport Equity Opportunities Fund declined 3.90% in Q1 2025, slightly underperforming the Russell Mid Cap® Index’s 3.40% decline.
Top performers included O’Reilly Automotive, American Tower Corp, and Fidelity National Financial, driven by defensive attributes and declining rates.
Key detractors were Align Technology, Avantor, Mobileye Global, and Clean Harbors, impacted by tariffs, consumer sentiment, and economic concerns.
Initiated a position in Okta Inc., expecting revenue growth to reaccelerate and management to continue improving operating margins and free cash flow.

For further details see:

Brookfield Asset Management Inc Pfd Shs Cl A Ser 24

-0.1% G/L:

$16.19 Last:

1,500 Volume:

$16.2067 Open:

Market Cap $105,273,323,599

Float 1,989,323,138

Insiders Ownership N/A

Institutions 474

Short Percent N/A

Industry Asset Management Services

Sector Finance

Country CA

City Toronto