Here's What Lifted W. R. Berkley Corporation (WRB) in Q1

Madison Investments, an investment advisor, released its “Madison Mid Cap Fund” first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund (Class I) decreased 4.15% compared to the 3.40% decrease for the Russell Midcap Index. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its first-quarter 2025 investor letter, Madison Mid Cap Fund highlighted stocks such as W. R. Berkley Corporation (NYSE:WRB). Headquartered in Greenwich, Connecticut, W. R. Berkley Corporation (NYSE:WRB) is an insurance holding company. The one-month return of W. R. Berkley Corporation (NYSE:WRB) was 9.98%, and its shares gained 34.39% of their value over the last 52 weeks. On April 22, 2025, W. R. Berkley Corporation (NYSE:WRB) stock closed at $70.85 per share with a market capitalization of $26.874 billion.

Madison Mid Cap Fund stated the following regarding W. R. Berkley Corporation (NYSE:WRB) in its Q1 2025 investor letter:

"The top five contributors for the quarter were Brown & Brown, W. R. Berkley Corporation (NYSE:WRB), Arch Capital, Liberty Broadband, and Teledyne Technologies. Given negative market returns during the quarter, it is no surprise to see three insurance companies top our list of contributors. Industry fundamentals remain sound, but investors no doubt also found favor with their defensive demand profiles and limited tariff exposure. Premium growth at both Arch Capital and W.R. Berkley has slowed from the high levels of the last couple of years, but remains solid. Both insurers also benefited from better-than-expected reserve development, bucking industry trends."

W. R. Berkley Corporation (NYSE:WRB) is not on our list of 30 Most Popular Stocks Among Hedge Funds. Our database shows that 47 hedge fund portfolios held W. R. Berkley Corporation (NYSE:WRB) at the end of the fourth quarter, compared to 39 in the third quarter. While we acknowledge the potential of W. R. Berkley Corporation (NYSE:WRB) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

In another article, we covered W. R. Berkley Corporation (NYSE:WRB) and shared the list of most undervalued insurance stocks to buy. In addition, please check out our hedge fund investor letters Q1 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.