TimesSquare Capital Management, an equity investment management company, released its “U.S. Focus Growth Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the third quarter, all the major asset classes posted positive returns except fixed income assets outside the US. The strategy returned 4.00% (gross) and 3.78% (net) compared to a 2.78% return for the Russell Midcap Growth Index. In addition, please check the fund’s top five holdings to know its best picks in 2025.
In its third-quarter 2025 investor letter, TimesSquare Capital U.S. Focus Growth Strategy highlighted stocks such as RenaissanceRe Holdings Ltd. (NYSE:RNR). RenaissanceRe Holdings Ltd. (NYSE:RNR) is a reinsurance and insurance products provider. The one-month return for RenaissanceRe Holdings Ltd. (NYSE:RNR) was 3.52%, and its shares gained 4.52% over the last 52 weeks. On December 12, 2025, RenaissanceRe Holdings Ltd. (NYSE:RNR) stock closed at $272.41 per share, with a market capitalization of $12.821 billion.
TimesSquare Capital U.S. Focus Growth Strategy stated the following regarding RenaissanceRe Holdings Ltd. (NYSE:RNR) in its third quarter 2025 investor letter:
“In the Financials sector we tend to avoid banks that face credit deterioration or rising deposit costs, preferring either asset managers, specialized insurance companies, or financial technology providers. RenaissanceRe Holdings Ltd. (NYSE:RNR) provides reinsurance and insurance services. After a mixed quarter, we decided to redeploy the proceeds into stocks with better growth outlooks. Its share price slipped by -2% while held in the quarter.”
RenaissanceRe Holdings Ltd. (NYSE:RNR) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 37 hedge fund portfolios held RenaissanceRe Holdings Ltd. (NYSE:RNR) at the end of the third quarter, which was 33 in the previous quarter. While we acknowledge the potential of RenaissanceRe Holdings Ltd. (NYSE:RNR) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
In another article, we covered RenaissanceRe Holdings Ltd. (NYSE:RNR) and shared the list of stocks with huge upside potential from Billionaire Jacob Rothschild’s RIT Capital Partners. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.
