Heartland Advisors, an investment management company, published his ‘Heartland Value Fund’ first quarter of 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund fell by 5.63% compared to a decrease of 7.74% for the Russell 2000 Value Index. The fund surpassed the benchmark for the past 1, 3 and 5 years. Stock selection was good for almost all outperformance of the first quarter, in particular strong in energy, financial data, technology, real estate and discretionary consumers. In addition, you can check the top 5 of the fund to determine the best choices for 2025.
In the first quarter of 2025 investor letter, Heartland Value Fund emphasized shares such as PotlatchDeltic Corporation (Nasdaq: PCH). PotlatchDeltic Corporation (Nasdaq: PCH) is a real estate investment trust (REIT) that has nearly 2.2 million hectares of wood countries. The return of a month of PotlatchDeltic Corporation (Nasdaq: PCH) was -13.82% and the shares lost 7.26% of their value during the last 52 weeks. On April 14, 2025, PotlatchDeltic Corporation (Nasdaq: PCH) closed shares closed at $ 39.34 per share with a market capitalization of $ 3.098 billion.
Heartland Value Fund mentioned the following with regard to PotlatchDeltic Corporation (Nasdaq: PCH) in the investor letter of Q1 2025:
“While Columbus McKinnon is an example of a share that was negatively influenced by policy uncertainty (at least temporarily), PotlatchDeltic Corporation (Nasdaq: PCH) is a company that could benefit from recent policy changes.
