Giverny Capital Asset Management Bets on TWFG (TWFG), an Independent Distribution Platform

2 days ago 3

Soumya Eswaran

Mon, February 2, 2026 astatine 7:24 AM CST 3 min read

Giverny Capital Asset Management, LLC, an concern absorption company, precocious published its fourth-quarter 2025 capitalist letter. A transcript of the aforesaid tin beryllium downloaded here. The Portfolio returned 0.01% compared to 2.66% for the S&P 500. YTD, the money returned 12.58% compared to 17.88% for the Index. The steadfast faced a challenging 4th fourth and calendar year, contempt coagulated appreciation. The outperformance of a fewer ample exertion companies has negatively impacted performance, fixed the portfolio's underweight successful ample tech and overweight successful smaller niche leaders. While portfolio companies are excelling successful net maturation and superior returns, the marketplace is fixated connected AI investments, leaving the existent benefits unclear. Additionally, you tin reappraisal the Portfolio’s apical 5 holdings to spot its champion picks for 2025.

In its fourth-quarter 2025 capitalist letter, Giverny Capital Asset Management highlighted stocks similar TWFG, Inc. (NASDAQ:TWFG). TWFG, Inc. (NASDAQ:TWFG) is an autarkic organisation level for idiosyncratic and commercialized security products. On January 30, 2026, TWFG, Inc. (NASDAQ:TWFG) banal closed astatine $24.99 per share. One-month instrumentality of TWFG, Inc. (NASDAQ:TWFG) was -11.88%, and its shares mislaid 15.80% of their worth implicit the past 52 weeks. TWFG, Inc. (NASDAQ:TWFG) has a marketplace capitalization of $1.4 billion.

Giverny Capital Asset Management stated the pursuing regarding TWFG, Inc. (NASDAQ:TWFG) successful its 4th fourth 2025 capitalist letter:

"Moving connected to purchases, we added to existing positions TWFG, Inc. (NASDAQ:TWFG) and Kinsale successful the 4th quarter. TWFG offers an operating level for autarkic security agents who merchantability mostly car and homeowners’ policies. Essentially, it gives agents entree to dozens of carriers and backmost bureau enactment successful speech for a 20% stock of their commissions. Agents payment from greater quality to find the champion sum and rates for clients and, ideally, to turn their concern faster than they could otherwise. TWFG has a marketplace headdress beneath $2 cardinal and is bulk owned by its founder, making the shares illiquid. We’re adding to it arsenic we can, but it remains small."

TWFG, Inc. (NASDAQ:TWFG) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. According to our database, 12 hedge money portfolios held TWFG, Inc. (NASDAQ:TWFG) astatine the extremity of the 3rd quarter, compared to 21 successful the erstwhile quarter. While we admit the imaginable of TWFG, Inc. (NASDAQ:TWFG) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.