Third Avenue Small-Cap Value Fund Initiates Position in Cantaloupe Inc.

Third Avenue Small-Cap Value Fund, managed by Bloomberg alum, initiated positions in Cantaloupe (CTLP) and Visteon Corp, citing niche technology-related industries. CTLP is a payment processing business with a one-month return of 0.54% and a 52-week gain of 64.64%. The fund's Q2 2025 investor letter highlighted CTLP's potential as a value investment, despite its recent market capitalization of $812.021 million.

Third Avenue Small-Cap Value Fund, managed by Bloomberg alum, has initiated positions in Cantaloupe (CTLP) and Visteon Corp, citing niche technology-related industries. The fund's Q2 2025 investor letter highlighted Cantaloupe's potential as a value investment, despite its recent market capitalization of $812.021 million.

Cantaloupe (CTLP), a payment processing business, reported a one-month return of 0.54% and a 52-week gain of 64.64%. The fund's interest in Cantaloupe is likely driven by its potential to capitalize on the growing demand for digital payment solutions. The fund's Q2 2025 investor letter suggests that Cantaloupe's niche technology-related industry could offer significant upside potential.

Visteon Corp, another technology-focused company, was also highlighted in the fund's investor letter. While specific details about Visteon Corp's performance were not provided in the source materials, the fund's interest in the company could be attributed to its involvement in the automotive industry and its potential to benefit from technological advancements.

The fund's focus on niche technology-related industries reflects its strategy to identify undervalued stocks with high growth potential. By initiating positions in Cantaloupe and Visteon Corp, the fund aims to capitalize on the growing demand for technology solutions in various industries.

References:
[1] https://finance.yahoo.com/news/increased-demand-lifted-myr-group-121536799.html