Americold Realty Trust (COLD) Traded Down Due to the Popularity of GLP-1 Drugs

American Century Investments, an investment management company, released its third-quarter 2025 investor letter for the “American Century Investments Small Cap Value Fund.” A copy of the letter can be downloaded here. Equities rose strongly in the third quarter, with several hitting record highs. In the third quarter, the US Federal Reserve reduced its benchmark interest rate for the first time in the year. The portfolio aims to invest in small-cap companies that are undervalued and do not accurately represent their quality and potential earnings capability. The investor class of the fund returned 4.69% in the quarter, compared to 12.60% for the Russell 2000 Value Index. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, American Century Investments Small Cap Value Fund highlighted stocks such as Americold Realty Trust, Inc. (NYSE:COLD). Americold Realty Trust, Inc. (NYSE:COLD) provides temperature-controlled logistics, real estate, and value-added services. The one-month return of Americold Realty Trust, Inc. (NYSE:COLD) was 22.19%, and its shares lost 40.15% of their value over the last 52 weeks. On January 2, 2026, Americold Realty Trust, Inc. (NYSE:COLD) stock closed at $12.94 per share, with a market capitalization of $3.69 billion.

American Century Investments Small Cap Value Fund stated the following regarding Americold Realty Trust, Inc. (NYSE:COLD) in its third quarter 2025 investor letter:

"Americold Realty Trust, Inc. (NYSE:COLD). This real estate investment trust (REIT), which specializes in cold storage in the food supply chain, has been hurt by high inflation and interest rates. Declining food volumes due to the popularity of GLP-1 drugs have also hurt earnings."

Americold Realty Trust, Inc. (NYSE:COLD) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 30 hedge fund portfolios held Americold Realty Trust, Inc. (NYSE:COLD) at the end of the third quarter, up from 28 in the previous quarter. While we acknowledge the potential of Americold Realty Trust, Inc. (NYSE:COLD) 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 Americold Realty Trust, Inc. (NYSE:COLD) and shared the list of stocks delivering explosive 18-190% gains. 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.