ClearBridge Large Cap Growth Strategy Sold Equinix (EQIX) as Capital Investment Delays AI Gains

2 months ago 26

Soumya Eswaran

Thu, April 9, 2026 astatine 9:16 AM CDT 3 min read

ClearBridge Investments, a planetary equity manager, precocious published first-quarter 2026 commentary for its “Large Cap Growth Strategy”. A transcript of the missive tin beryllium downloaded here. Following the outbreak of the Middle East conflict, the marketplace experienced a important diminution successful maturation stocks, resulting successful important losses. In the quarter, the S&P 500 Index fell 4.3% portion the benchmark Russell 1000 Growth Index declined 9.8%, compared to the Russell 1000 Value Index’s 2.1% gain. In a volatile environment, the ClearBridge Large Cap Growth Strategy outperformed its benchmark, benefiting from a displacement distant from exertion and momentum stocks that led the marketplace successful 2025. The strategy saw a affirmative reversal successful connection services and beardown enactment from cyclical maturation sectors similar industrials, materials, and parts of IT. The Strategy repositioned its portfolio to summation vulnerability successful semiconductors and biopharmaceuticals, and exited positions with turnaround delays to support discipline. In addition, delight cheque the Strategy’s apical 5 holdings to cognize its champion picks successful 2026.

In its first-quarter 2026 capitalist letter, ClearBridge Large Cap Growth Strategy highlighted stocks similar Equinix, Inc. (NASDAQ:EQIX). Equinix, Inc. (NASDAQ:EQIX) is simply a multinational institution that operates a web of integer infrastructure, information halfway footprint, and interconnected ecosystems for seamless transportation of integer experiences and cutting-edge AI rapidly and efficiently. On April 8, 2026, Equinix, Inc. (NASDAQ:EQIX) closed astatine $1,017.66 per share. One-month instrumentality of Equinix, Inc. (NASDAQ:EQIX) was 4.75%, and its shares gained 32.04% implicit the past 52 weeks. Equinix, Inc. (NASDAQ:EQIX) has a marketplace capitalization of $100.37 billion.

ClearBridge Large Cap Growth Strategy stated the pursuing regarding Equinix, Inc. (NASDAQ:EQIX) successful its Q1 2026 capitalist letter:

"We exited PayPal and Equinix, Inc. (NASDAQ:EQIX) during the quarter. Equinix owns and operates interconnected information centers that supply web and unreality platforms for endeavor customers. The banal was sold arsenic the institution remains successful the mediate of a ample capex concern rhythm portion AI tailwinds from accrued lawsuit spending connected inference volition instrumentality clip to amusement through."

Equinix's Rising Cash Flow Positions It arsenic a Next Generation Dividend Aristocrat

Equinix, Inc. (NASDAQ:EQIX) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 51 hedge money portfolios held Equinix, Inc. (NASDAQ:EQIX) astatine the extremity of the 4th quarter, compared to 58 successful the erstwhile quarter. While we admit the imaginable of Equinix, Inc. (NASDAQ:EQIX) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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