SGA Global Growth Strategy Exited Its Holdings in Gartner (IT)

3 hours ago 5

Soumya Eswaran

Wed, June 17, 2026 astatine 8:10 AM CDT 3 min read

Sustainable Growth Advisers (SGA), an concern absorption company, released its first-quarter 2026 capitalist missive for its "Global Growth Strategy." A transcript of the missive tin be downloaded here. The SGA Global Growth Portfolio returned -13.6% (Gross) and -13.8% (Net) compared to the MSCI ACWI instrumentality of -3.2% and the MSCI ACWI Growth instrumentality of -7.7%. AI disruption narratives importantly affected markets successful the archetypal 2 months of the quarter, starring to declines successful software, accusation services, payments, and security brokers. In March, geopolitical tensions successful the Middle East caused a spike successful lipid prices, contributing to marketplace volatility and prompting investors to follow a much cautious stance. The steadfast believes prioritizing high-quality businesses with beardown equilibrium sheets, durable currency flows, and diversified extremity markets provides resilience against short-term geopolitical shocks. In addition, you tin cheque the Strategy's apical 5 holdings for its champion picks for 2026.

In its first-quarter 2026 capitalist letter, SGA Global Growth Strategy highlighted Gartner, Inc. (NYSE:IT). Established successful 1979, Gartner, Inc. (NYSE:IT) is simply a probe and advisory institution that provides concern and exertion insights to assistance businesses marque informed decisions. On June 16, 2026, Gartner, Inc. (NYSE:IT) closed astatine $142.24 per share. One-month instrumentality of Gartner, Inc. (NYSE:IT) was -10.24%, and its shares mislaid 64.38% implicit the past 52 weeks. Gartner, Inc. (NYSE:IT) has a marketplace capitalization of $9.52 billion.

SGA Global Growth Strategy stated the pursuing regarding Gartner, Inc. (NYSE:IT) successful its Q1 2026 capitalist letter:

"During the 4th we made the determination to exit our presumption successful Gartner, Inc. (NYSE:IT) aft different disappointing 4th and respective interactions with absorption which led america to reason that the company's priorities and actions did not align with the strategical absorption we had advocated for. Over the past twelvemonth maturation decelerated, which we ascribed mostly to governmental and macroeconomic factors specified arsenic efforts by DOGE and tariff-related disruptions. However, the institution has continued to miss targets for Contract Value since, and we person go progressively acrophobic astir marketplace saturation. In our engagements with the institution and its Board we advocated for the institution moving distant from its strategical absorption connected Contract Value, including changing absorption compensation metrics, towards a absorption connected free-cash-flow. Such a displacement could, successful our view, pb to a meaningful summation successful shareholder worth done a absorption connected borderline betterment and higher nett and free-cash travel growth. The company's net guidance during the 4th indicated nary displacement toward balanced maturation and profitability targets arsenic advocated by america but alternatively reinforced their reinvestment successful pursuit of unrealistic maturation targets. Given the disappointing fiscal results and nary alteration successful the company's strategical priorities, we decided to exit the stock. We person since removed the institution from our Qualified Company List."

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