Carillon Tower Advisers, an investment management company, released its “Carillon Eagle Mid Cap Growth Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the third quarter, the equity markets continued their rally, fueled by enthusiasm for AI, limited evidence of inflationary effects from tariffs, and expectations for further interest rate cuts from the U.S. Federal Reserve. Mid-cap stocks also maintained their positive gains during the quarter. The Russell Midcap Growth Index (up 2.78%) underperformed the Russell Midcap® Value Index (up 6.16%) in the quarter. The letter further shared the firm's detailed views on Cyclicals, Healthcare, Information Technology, Financials, and Consumer sectors. 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, Carillon Eagle Mid Cap Growth Fund highlighted stocks such as Wynn Resorts, Limited (NASDAQ:WYNN). Wynn Resorts, Limited (NASDAQ:WYNN) owns and operates resorts that operate through Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor segments. The one-month return of Wynn Resorts, Limited (NASDAQ:WYNN) was 1.98%, and its shares gained 34.16% of their value over the last 52 weeks. On November 24, 2025, Wynn Resorts, Limited (NASDAQ:WYNN) stock closed at $123.24 per share, with a market capitalization of $12.814 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Wynn Resorts, Limited (NASDAQ:WYNN) in its third quarter 2025 investor letter:
"Wynn Resorts, Limited (NASDAQ:WYNN) is a global luxury resort and casino operator with flagship properties in Las Vegas, Macau, and other international markets. The company’s stock performed well during the quarter as gaming operations in Macau showed steady improvement each month. This marks the first sustained recovery in the Macau property in quite some time – a positive sign, as the region accounts for more than half of the company’s earnings. Moving forward, we expect continued improvement in Macau along with contributions from a new project in the United Arab Emirates to drive growth."
Wynn Resorts, Limited (NASDAQ:WYNN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 52 hedge fund portfolios held Wynn Resorts, Limited (NASDAQ:WYNN) at the end of the second quarter, up from 48 in the previous quarter. While we acknowledge the potential of Wynn Resorts, Limited (NASDAQ:WYNN) 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 Wynn Resorts, Limited (NASDAQ:WYNN) and shared Baron Real Estate Fund'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.
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Disclosure: None. This article is originally published at Insider Monkey.