Aoris International Fund Exited Its Stake in Copart (CPRT)

Aoris Investment Management, a specialist international equity manager, released its “Aoris International Fund” Q2 2025 investor letter. A copy of the letter can be downloaded here. International equity markets, represented by the MSCI AC World Accumulation Index ex Australia, rose by 6.0% in AUD for the June quarter. In local currencies, gains were 9.3%, but currency fluctuations reduced the AUD return by 3.3%. In the June quarter, Portfolio’s Class A (Unhedged) returned 8.2% after fees compared to a 6.0% return for the benchmark. The fund’s Class C (Hedged) returned 10.1% compared to a 9.3% return for the benchmark. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

In its second-quarter 2025 investor letter, Aoris International Fund highlighted stocks such as Copart, Inc. (NASDAQ:CPRT). Copart, Inc. (NASDAQ:CPRT) is an online auction and vehicle remarketing services company. The one-month return of Copart, Inc. (NASDAQ:CPRT) was 7.24%, and its shares lost 7.23% of their value over the last 52 weeks. On August 27, 2025, Copart, Inc. (NASDAQ:CPRT) stock closed at $48.61 per share, with a market capitalization of $47.003 billion.

Aoris International Fund stated the following regarding Copart, Inc. (NASDAQ:CPRT) in its second quarter 2025 investor letter:

“Copart, Inc. (NASDAQ:CPRT) operates an online auction site, primarily to serve US auto insurers disposing of damaged vehicles deemed too expensive to repair. Growth in the March quarter was disappointing, with the volume of cars auctioned on behalf of US insurers flat compared to a year earlier.

Copart, Inc. (NASDAQ:CPRT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 61 hedge fund portfolios held Copart, Inc. (NASDAQ:CPRT) at the end of the second quarter, which was 57 in the previous quarter. While we acknowledge the potential of Copart, Inc. (NASDAQ:CPRT) 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.