The GreenWood Q2 2026 investor letter reports a flat first-half efficiency, with accounts down 3.6% versus a +11.7% return for the MSCI ACWI index. The letter can be downloaded here. Despite this underperformance, the firm is strategically avoiding the prevailing AI hype, opting instead to focus on more secure long-term investments. The firm acknowledges the extreme growth in demand for computing energy linked to AI but cautions against late-stage bull-cycle investments. The letter emphasizes the significance of actively reallocating capital to maximize returns, citing previous successes and methods for future growth, while aiming to obtain 100x returns for buyers. Also, examine the fund’s prime 5 holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, The GreenWood Investor highlighted Jack in the Box Inc. (NASDAQ:JACK). Jack in the Box Inc. (NASDAQ:JACK) is a U.S.-based quick-service restaurant chain. On September 04, 2026, Jack in the Box Inc. (NASDAQ:JACK) closed at $16.14 per share. Over the previous month, Jack in the Box Inc. (NASDAQ:JACK) declined 9.53%, but its shares are down 18.69% over the previous yr. Jack in the Box Inc. (NASDAQ:JACK) has a market capitalization of $309.55 million.
The GreenWood Investor said the following regarding Jack in the Box Inc. (NASDAQ:JACK) in its Q2 2026 investor letter:
“That urgency was on full display at Jack in the Box, as the board voted in May to install Mark King as interim CEO at Jack in the Box Inc. (NASDAQ:JACK). As you may recall, Mark and his colleague Alan Smolinisky joined the JACK board last fall in a friendly settlement with the company. While we greatly appreciate former CEO Lance Tucker taking important steps to strengthen the company’s balance sheet, we are re-assured that a seasoned restaurant leader is at the helm to drive the company to do “whatever it takes” to get same-store-sales (comps) back in the black.
To that end, Mark is continuing the progress Lance was making in getting comps back to above breakeven, with a strong May and resilient results thus far in July. These results are before the impact a die hard operator will have, for while at Taco Bell, Mark lived the brand so deeply that he shaved the logo into his hair…” (Click here to learn the full textual content)
Jack in the Box Inc. (NASDAQ:JACK) is not on our record of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 16 hedge fund portfolios held Jack in the Box Inc. (NASDAQ:JACK) at the finish of the second quarter, down from 17 in the earlier quarter. While we acknowledge the potential of Jack in the Box Inc. (NASDAQ:JACK) as an investment, we believe certain AI shares offer better upside potential and carry less draw back risk. If you’re trying for an extraordinarily undervalued AI stock that also stands to benefit considerably from Trump-era tariffs and the onshoring pattern, see our free report on the best short-term AI stock.