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Riverwater Micro Opportunities Strategy's investment thesis on Natural Gas Services ($NGS) — Q4 2025 | Buyside Digest

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$NGSNYSENatural Gas Services

BULL

Riverwater Micro Opportunities Strategy—NGS

Fund Letter

Q4 2025

Published December 31, 2025

View Fund Profile

$36.43USD

+0.3% vs last month

$34.39Pitched

+5.9% since pitch

Market CapN/A

P/E (TTM)N/A

52-Wk RangeN/A

Div. YieldN/A

Technical Chart

From the Fund Letter

The Micro Opportunities Strategy underperformed its benchmark in Q4 and full-year 2025 due to its underweight exposure to highly speculative market segments (biotech, crypto, and select AI themes) which drove index returns. Riverwater remains dedicated...

— Nathan Fredrick, CFA

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