Mar Vista Investment Partners, LLC has published its investor letter for the fourth quarter of 2025. The document details the performance of its Mar Vista U.S. Quality Premier Strategy.
The strategy achieved a net-of-fees return of 1.80% for the quarter. This compares to a 2.41% return for the Russell 1000 Index and a 2.65% return for the S&P 500 Index over the same period.
The letter notes that U.S. equities saw strong momentum in 2025, marking a third consecutive year of double-digit gains. The market recovered quickly after a dip into bear territory in April. Market leadership remained narrow, dominated by mega-cap and AI-driven companies.
Some changes began to appear in the fourth quarter as participation expanded beyond mega-caps to other sectors. The letter states that 2026 may differ from the past three years. Markets in 2026 will need to balance strong fundamentals with rising economic uncertainties.
The letter highlighted Mettler-Toledo International Inc. (NYSE:MTD), a manufacturer of precision instruments. On January 16, 2026, its stock closed at $1,460.63 per share. It had a one-month return of 3.41% and a 52-week gain of 12.75%. The company's market capitalization is $30.088 billion.
Regarding Mettler-Toledo, the strategy stated: "Mettler-Toledo International Inc. (NYSE:MTD) stock rebounded in the fourth quarter reflecting the company’s ability to successfully navigate substantial tariff and research budget pressures while maintaining strong growth and margin expansion in key segments. We believe Mettler should be well positioned to capitalize on global trends in automation, digitalization, and nearshoring which should drive mid single digit revenue and low teens EPS growth through 2030."
According to database information, 49 hedge fund portfolios held Mettler-Toledo at the end of the third quarter of 2025, up from 40 in the prior quarter. The company reported Q3 2025 sales of $1.03 billion, an 8% year-over-year increase.