ClearBridge Large Cap Growth Strategy Increased its Stake in Alphabet (GOOG) in Q1

2 months ago 17

Soumya Eswaran

Tue, Apr 8, 2025, 7:29 AM 3 min read

ClearBridge Investments, an concern absorption company, released its “ClearBridge Large Cap Growth Strategy” archetypal 4th 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. The bulk of maturation indexes entered correction territory during the quarter, owed to unit from the chaotic tariff implementation, concerns astir a weakening U.S. economy, and accrued inflation. Against this backdrop, the strategy outperformed the benchmark, driven by diversified banal enactment and an underweight vulnerability to the Magnificent Seven. The S&P 500 Index declined 4.27% successful the 4th and the benchmark Russell 1000 Growth Index (RLG) fell 9.97%. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its archetypal 4th 2025 capitalist letter, ClearBridge Large Cap Growth Strategy emphasized stocks specified arsenic Alphabet Inc. (NASDAQ:GOOG). Alphabet Inc. (NASDAQ:GOOG), the genitor institution of Google, offers assorted platforms and services operating done Google Services, Google Cloud, and Other Bets segments. The one-month instrumentality of Alphabet Inc. (NASDAQ:GOOG) was -10.09%, and its shares mislaid 5.63% of their worth implicit the past 52 weeks. On April 7, 2025, Alphabet Inc. (NASDAQ:GOOG) banal closed astatine $149.24 per stock with a marketplace capitalization of $1.803 trillion.

ClearBridge Large Cap Growth Strategy stated the pursuing regarding Alphabet Inc. (NASDAQ:GOOG) successful its Q1 2025 capitalist letter:

"Our progressive underweight to the Magnificent Seven added much than 100 ground points to comparative returns for the quarter, with underweights to EV shaper Tesla and Google genitor Alphabet Inc. (NASDAQ:GOOG) being among the largest comparative contributors. We added to some positions, taking vantage of what we presumption arsenic short-term weakness arsenic Alphabet missed precocious expectations for unreality gross maturation successful its latest quarter, portion Tesla worked done antagonistic sentiment implicit CEO Elon Musk’s relation successful the Trump administration."

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