Columbia Select Large Cap Growth Fund Q1 2026 Commentary
2026-05-13·via All Articles on Seeking Alpha
Summary
Columbia Select Large Cap Growth Fund Institutional Class shares returned -9.07% for the quarter ending March 31, 2026, slightly outperforming the Russell 1000 Growth Index return of -9.78%.
Vertiv was a notable contributor as the company has been a prime beneficiary as a provider of picks and shovels in support of AI data center development.
TKO Group advanced upon reporting accelerating revenue and profits as they start to monetize new revenue deals for UFC and WWE.
The fund exited its position in Intuit during the quarter based on the belief that artificial intelligence will disrupt existing software companies.
Columbia Select Large Cap Growth Fund exited alternative asset manager KKR during the period due to concerns around the ramifications of stress in private credit markets.
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Fund performance
Columbia Select Large Cap Growth Fund Institutional Class shares returned -9.07% for the quarter ending March 31, 2026.
The fund's benchmark, the Russell 1000 Growth Index, returned -9.78% for the quarter