NewBridge Asset Management, an investment management firm, recently released its Q4 2025 charter for “NewBridge Large Cap Growth Capital Strategy.” A copy of the letter can be downloaded here. Stock markets continued their bullish momentum in the fourth quarter, buoyed by resilient economic growth and strong corporate returns. In the fourth quarter, large-cap growth outperformed the growth strategy, while in the third quarter, small-cap and value stocks outperformed the growth strategy. NewBridge’s large-cap growth strategy generated positive performance in the quarter, but lagged the benchmark, the Russell 1000® Growth Index. Most companies in the portfolio beat quarterly expectations, but some suffered declines. The biggest challenge was the contrasting returns between Uber Technologies, Inc., owned in significant quantities, and Tesla, Inc., which was not owned by the portfolio. Overall, the market environment was favorable for the portfolio in the fourth quarter. The firm continues to rely on its industry-leading companies, which are prepared to deliver attractive financial results despite potential market volatility. Also, check out the Fund’s top five holdings to learn your best picks in 2025.
In its Q4 2025 investor letter, NewBridge Large Cap Growth Equity Strategy highlighted Reddit, Inc. (NYSE:RDDT) as a new addition. Headquartered in San Francisco, California, Reddit, Inc. (NYSE:RDDT) is a digital community platform. Shares of Reddit, Inc. (NYSE:RDDT) have traded between $79.75 and $282.95 over the past 52 weeks. On January 26, 2026, shares of Reddit, Inc. (NYSE:RDDT) closed at $213.63 per share. Reddit, Inc. (NYSE:RDDT)’s monthly performance was -8.45% and its shares gained 0.31% of its value in the last three months. Reddit, Inc. (NYSE:RDDT) has a market capitalization of $40,482 million.
NewBridge Large Cap Growth Equity Strategy stated the following regarding Reddit, Inc. (NYSE:RDDT) in its Q4 2025 investor letter:
“Reddit, Inc. (RDDT): Reddit is a well-established internet company and community platform. The company has a loyal user base and opportunities to expand and monetize advertising, as well as leverage its trove of data for a growing number of AI-related use cases. Recent deals with high-profile leaders in the AI/LLM space (GOOG, OpenAI) have proven successful, leveraging a growing user base and increased interest from advertisers. We see great potential for “For Reddit to expand its relevance due to rapid growth in secular opportunities, coupled with product growth initiatives and company fundamental strengths.”
