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-0.000185425551640979 0.00037085110328209 0.00055627665492307 -0.00259595772297424 -0.00426478768774331 -0.0109401075468199 -0.0133506397181531 -0.0174300018542555
Stock impact report

ClearBridge Small Cap Strategy Q1 2024 Portfolio Manager Commentary [Seeking Alpha]

Franklin Resources, Inc. (BEN) 
Last franklin resources, inc. earnings: 4/30 08:30 am Check Earnings Report
Company Research Source: Seeking Alpha
MicroStrategy also ended the quarter with a market weighting of 0.95% of the index, one of the largest positions ever, and a market cap over $27 billion. By Albert Grosman & Brian Lund, CFA Surging Tech Overshadows Small Cap Risks Market Overview The ClearBridge Small Cap Strategy underperformed the benchmark Russell 2000 Index in the first quarter by 177 bps, precisely the amount that the two largest-capitalization stocks in the index - Super Micro Computer ( SMCI ) and MicroStrategy ( MSTR ) - contributed to the index's performance. Our decision not to own Super Micro Computer and, to a lesser extent, bitcoin-related companies like MicroStrategy, overshadowed positive contributions from our companies in the energy and materials sectors. The Russell 2000 Growth Index and the Russell 2000 Value Index returned +7.58% and +2.90%, respectively, and growth's outperformance is also partially attributable to Super Micro and MicroStrategy. Super Micro is now the largest position e Show less Read more
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