[ad_1]
Greystone Capital Management, an investment management company, released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the second quarter, the median account return for separate accounts managed by the firm was +14.8%, net of fees. The fund favorably compared to the S&P 500 and Russell 2000 returns of +10.9% and +8.5% during the quarter. The median account returned +6.3%, net of fees, year-to-date, exceeding the S&P 500 and Russell 2000 returns of +6.2% and -1.8% year-to-date. In addition, you can check the fund’s top 5 holdings to find out its best picks for 2025.
In its second-quarter 2025 investor letter, Greystone Capital Management highlighted stocks such as Natural Resource Partners L.P. (NYSE:NRP). Natural Resource Partners L.P. (NYSE:NRP) owns, manages, and leases a portfolio of mineral properties. The one-month return of Natural Resource Partners L.P. (NYSE:NRP) was 5.30%, and its shares gained 15.10% of their value over the last 52 weeks. On August 1, 2025, Natural Resource Partners L.P. (NYSE:NRP) stock closed at $102.68 per share, with a market capitalization of $1.349 billion.
Greystone Capital Management stated the following regarding Natural Resource Partners L.P. (NYSE:NRP) in its second quarter 2025 investor letter:
“Natural Resource Partners L.P. (NYSE:NRP) is our coal royalty business that was first introduced in our Q4 letter. As a reminder, NRP has been consistently paying down debt since 2017 with the aim of holding a net cash balance sheet, which I estimate they will reach within 12-15 months. Despite the less-than-stellar near-term outlook for NRP, we are playing for long term upside, with a number of attractive elements to this investment that could drive strong returns over time.
[ad_2]
Source link
