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Stock impact report

Atai Capital Management Q4 2025 Commentary [Seeking Alpha]

Bel Fuse Inc. - Class A (BELFA) 
US:NASDAQ Investor Relations: ir.belfuse.com/investor-relations
Company Research Source: Seeking Alpha
The portfolio's top contributor for the quarter was Bel Fuse, which we subsequently sold out of entirely. During the quarter, we added to our position in Kitwave Group, a previously undisclosed position that has since been acquired. Finding great ideas at the pace needed to handle the portfolio's turnover has been difficult, but with recent macroeconomic shocks, that could change soon. One structural change I want to touch on is that I've decided to increase our AUM cap from $50M to $100M. Dilok Klaisataporn/iStock via Getty Images Atai Capital experienced a 5.0% decline in the fourth quarter net of all fees. This compares to a 2.7% gain for the S&P 500, a 2.3% gain for the Russell 2000, and a 6.2% gain for the Russell Microcap for the This article was written by Quick Insights Q4 underperformance was driven by notable detractors including the largest undisclosed position and BKTI, despite Bel Fuse's strong contribution and subsequent exit. Elevated cash is a result Show less Read more
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