ClearBridge All Cap Growth Portfolios Q1 2026 Commentary
ClearBridge Investments·2026-06-15·via All Articles on Seeking Alpha
Summary
A broad-based sell off among more liquid, larger cap holdings put pressure on the benchmark Russell 3000 Growth Index, which declined 9.5% for the quarter.
ASML was fueled by record-breaking orders for AI infrastructure and a significantly raised revenue outlook for 2026.
TJX put up better than expected same-store sales growth despite a more constrained consumer spending environment.
ClearBridge is using volatility to refine the portfolio — trimming positions where risk-reward has become less favorable and adding to high-conviction ideas where valuations have become more compelling.
The Portfolios' management believes the ongoing broadening of market leadership, particularly beyond mega cap technology, is a constructive development for the investment universe.
phuttaphat tipsana/iStock via Getty Images
Key Takeaways
Markets: Surging volatility pressured U.S. equities to start 2026, as rapidly evolving macro conditions and the outbreak of a military conflict in the Middle East contributed to sharp shifts in investor sentiment. A broad-based sell
