Upslope Capital Management, an investment management company, released its fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. Upslope aims to provide attractive, equity-like returns while reducing market risk and keeping low correlation with traditional equity strategies. The fourth quarter marked a strong end to an exceptional year for the firm. The Fund delivered strong results with reduced downside risk. The Fund returned +2.0% (net) in Q4 compared to +1.6% for both the S&P Midcap 400 ETF (MDY) and HFRX Equity Hedge Index. For the year 2025, the Fund returned +14.8% compared to +7.2% and +10.1% returns for the indexes, respectively. The firm observed that markets are increasingly dynamic, and most investment decisions are driven by aggressive, thematic, and very short-term-focused strategies. As a closing note, the letter states that identifying investment opportunities is straightforward, but returns remain uncertain given the current economic landscape. In addition, you can check the Fund’s top five holdings to determine its best picks for 2025.
In its fourth-quarter 2025 investor letter, Upslope Capital Management highlighted stocks such as Crown Holdings, Inc. (NYSE:CCK). Headquartered in Tampa, Florida, Crown Holdings, Inc. (NYSE:CCK) operates in the packaging business and has recently been added to the portfolio. On January 16, 2026, Crown Holdings, Inc. (NYSE:CCK) stock closed at $104.24 per share. One-month return of Crown Holdings, Inc. (NYSE:CCK) was 1.02%, and its shares gained 21.83% of their value over the last 52 weeks. Crown Holdings, Inc. (NYSE:CCK) has a market capitalization of around $12.131 billion.
Upslope Capital Management stated the following regarding Crown Holdings, Inc. (NYSE:CCK) in its fourth quarter 2025 investor letter:
“Crown Holdings, Inc. (NYSE:CCK) is a leading global producer of aluminum beverage cans (80% of sales) and transit packaging/equipment (20%). The company is highly diversified by geography, with 60% of sales generated outside of the United States and 34% from emerging and frontier markets. Upslope has been both long and short (e.g. following a misguided acquisition that management seems to have learned the right lessons from) in the past.
