Charter Communications (CHTR) Declined Following Weak Results

Oakmark Funds, advised by Harris Associates, released its “Oakmark Equity and Income Fund” Q3 2025 investor letter. A copy of the letter can be downloaded here. In the quarter, the Fund (Class I Shares) underperformed the 60% S&P 500 / 40% Bloomberg U.S. Aggregate Bond Index and outperformed the benchmark since inception. The equity portfolio returned 3.64% in the third quarter compared to 8.12% for the S&P 500 Index. The fixed income portfolio returned 2.40% compared to 2.03% for the Bloomberg U.S. Aggregate Bond Index. The Fund was allocated 59.6% in equities, 39.3% in fixed income, and 1.1% in cash. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

In its third-quarter 2025 investor letter, Oakmark Equity and Income Fund highlighted stocks such as Charter Communications, Inc. (NASDAQ:CHTR). Charter Communications, Inc. (NASDAQ:CHTR) is a broadband connectivity and cable operator company. The one-month return of Charter Communications, Inc. (NASDAQ:CHTR) was 1.59%, and its shares lost 18.72% of their value over the last 52 weeks. On October 9, 2025, Charter Communications, Inc. (NASDAQ:CHTR) stock closed at $265.00 per share, with a market capitalization of $36.197 billion.

Oakmark Equity and Income Fund stated the following regarding Charter Communications, Inc. (NASDAQ:CHTR) in its third quarter 2025 investor letter:

"Charter Communications, Inc. (NASDAQ:CHTR) was the top detractor during the quarter. The broadband leader’s stock price declined after it reported weak second-quarter earnings. Year-over-year earnings before interest, tax, depreciation and amortization were flat, and the closely watched decline in broadband subscriptions fell at a greater pace than anticipated. However, broadband average revenue per user (ARPU) growth accelerated, reaffirming one of the core points of our thesis. We expect continued near term volatility in subscriber results but believe the company’s high-capacity network is well positioned to compete over the long-term."

Charter Communications, Inc. (NASDAQ:CHTR) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 56 hedge fund portfolios held Charter Communications, Inc. (NASDAQ:CHTR) at the end of the second quarter, which was 59 in the previous quarter. While we acknowledge the potential of Charter Communications, Inc. (NASDAQ:CHTR) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

In another article, we covered Charter Communications, Inc. (NASDAQ:CHTR) and shared LRT Global Opportunities Strategy's views on the company. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None. This article is originally published at Insider Monkey.