GreensKeeper’s Value Fund Edges Positive for 2025 After 4% Q3 Lift

Overview

• The firm reported a +4.0% third-quarter return, bringing the Value Fund to +0.2% year to date net of fees.
• A strong U.S. dollar reduced performance by 3.7% year to date, according to the investor letter.
• GreensKeeper described 2025’s market upswing as led by AI, crypto, and speculative flows rather than broad participation.
• Alphabet was the top Q3 contributor at +37.3% after a favorable ruling in the search antitrust case, with the separate ad‑tech case viewed as having limited profit impact.
• General Dynamics ranked third at +16.9% as aerospace production constraints eased, backlog reached multi‑year highs, and several billion‑dollar defense contracts were won; recent snapshots showed GOOG closed at $307.73 and GD at $337.49 on Dec. 16.