Latest news with #HardmanJohnston
Yahoo
01-07-2025
- Business
- Yahoo
Here's Why Hardman Johnston Global Equity Strategy Sold UnitedHealth Group Incorporated (UNH)
Hardman Johnston Global Advisors, an investment management company, released its 'Hardman Johnston Global Equity Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy returned 0.43%, net of fees, in the quarter compared to -1.32% for the MSCI AC World Net Index. The Portfolio experienced a solid quarter relative to the market, despite a volatile environment. Industrials and Consumer Discretionary were the top sector contributors, while Information Technology and Energy detracted. Europe was the top contributor from a regional standpoint, while emerging markets detracted. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Hardman Johnston Global Equity Strategy highlighted stocks such as UnitedHealth Group Incorporated (NYSE:UNH). UnitedHealth Group Incorporated (NYSE:UNH) is a diversified healthcare company that operates through UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx segments. The one-month return of UnitedHealth Group Incorporated (NYSE:UNH) was 3.57%, and its shares lost 37.39% of their value over the last 52 weeks. On June 30, 2025, UnitedHealth Group Incorporated (NYSE:UNH) stock closed at $311.97 per share, with a market capitalization of $283 billion. Hardman Johnston Global Equity Strategy stated the following regarding UnitedHealth Group Incorporated (NYSE:UNH) in its Q1 2025 investor letter: "We liquidated our position in UnitedHealth Group Incorporated (NYSE:UNH) due to the risk around bipartisan support for Pharmacy Benefit Manager reform in DC, as well as the negative news cycle after the murder of their CEO. In addition, they are a company that is likely to be affected by the Department of Government Efficiency cuts to Medicaid and Medicare." A senior healthcare professional giving advice to a patient in a clinic. UnitedHealth Group Incorporated (NYSE:UNH) is in 18th position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 139 hedge fund portfolios held UnitedHealth Group Incorporated (NYSE:UNH) at the end of the first quarter, which was 150 in the previous quarter. While we acknowledge the potential of UnitedHealth Group Incorporated (NYSE:UNH) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered UnitedHealth Group Incorporated (NYSE:UNH) and shared the list of set-it-and-forget-it stocks to buy according to analysts. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of UNH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
01-07-2025
- Business
- Yahoo
Hardman Johnston Global Equity Exited Lennar Corp (LEN) due to Faster-Than-Expected Increase in Interest Rates
Hardman Johnston Global Advisors, an investment management company, released its 'Hardman Johnston Global Equity Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy returned 0.43%, net of fees, in the quarter compared to -1.32% for the MSCI AC World Net Index. The Portfolio experienced a solid quarter relative to the market, despite a volatile environment. Industrials and Consumer Discretionary were the top sector contributors, while Information Technology and Energy detracted. Europe was the top contributor from a regional standpoint, while emerging markets detracted. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Hardman Johnston Global Equity Strategy highlighted stocks such as Lennar Corporation (NYSE:LEN). Lennar Corporation (NYSE:LEN) is a US-based home builder that operates under the Lennar brand. The one-month return of Lennar Corporation (NYSE:LEN) was 3.71%, and its shares lost 19.85% of their value over the last 52 weeks. On June 30, 2025, Lennar Corporation (NYSE:LEN) stock closed at $110.61 per share, with a market capitalization of $29.009 billion. Hardman Johnston Global Equity Strategy stated the following regarding Lennar Corporation (NYSE:LEN) in its Q1 2025 investor letter: "We liquated our position in Lennar Corporation (NYSE:LEN) due to faster-than-expected increases in interest rates due to inflation. Furthermore, increasing economic uncertainty and the prospect of a higher unemployment rate could act as a near term cyclical headwind, despite the continued structural undersupply of US housing." A builder wearing a hard hat admiring a newly constructed smart home. Lennar Corporation (NYSE:LEN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 62 hedge fund portfolios held Lennar Corporation (NYSE:LEN) at the end of the first quarter, which was 70 in the previous quarter. While we acknowledge the potential of Lennar Corporation (NYSE:LEN) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of LEN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
01-07-2025
- Business
- Yahoo
Decline in Cosmetic Sales Affected Coty (COTY) in Q1
Hardman Johnston Global Advisors, an investment management company, released its 'Hardman Johnston Global Equity Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy returned 0.43%, net of fees, in the quarter compared to -1.32% for the MSCI AC World Net Index. The Portfolio experienced a solid quarter relative to the market, despite a volatile environment. Industrials and Consumer Discretionary were the top sector contributors, while Information Technology and Energy detracted. Europe was the top contributor from a regional standpoint, while emerging markets detracted. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Hardman Johnston Global Equity Strategy highlighted stocks such as Coty Inc. (NYSE:COTY). Coty Inc. (NYSE:COTY) is a beauty company that engages in the manufacturing, marketing, and distribution of beauty products. The one-month return of Coty Inc. (NYSE:COTY) was -6.44%, and its shares lost 52.36% of their value over the last 52 weeks. On June 30, 2025, Coty Inc. (NYSE:COTY) stock closed at $4.65 per share, with a market capitalization of $4.056 billion. Hardman Johnston Global Equity Strategy stated the following regarding Coty Inc. (NYSE:COTY) in its Q1 2025 investor letter: "Coty Inc. (NYSE:COTY) has been impacted by the overall slowdown in cosmetic sales. They issued a sales warning in September, followed by a downward adjustment of mid-term targets in February. While Coty's products are selling well, retailer hesitancy to re-order and questions about consumers appetite have hit the stock. We used a period of relative strength to liquidate our position." A close-up of a woman's face wearing a beauty product, highlighting the company's range of luxury items. Coty Inc. (NYSE:COTY) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 29 hedge fund portfolios held Coty Inc. (NYSE:COTY) at the end of the first quarter, which was 28 in the previous quarter. While we acknowledge the potential of Coty Inc. (NYSE:COTY) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Coty Inc. (NYSE:COTY) and shared the list of best value penny stocks to buy according to analysts. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of COTY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
30-06-2025
- Business
- Yahoo
Taiwan Semiconductor Manufacturing Company Limited (TSM) Fell in Q1 Due to Concerns in AI Semis Landscape
Hardman Johnston Global Advisors, an investment management company, released its 'Hardman Johnston Global Equity Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy returned 0.43%, net of fees, in the quarter compared to -1.32% for the MSCI AC World Net Index. The Portfolio experienced a solid quarter relative to the market, despite a volatile environment. Industrials and Consumer Discretionary were the top sector contributors, while Information Technology and Energy detracted. Europe was the top contributor from a regional standpoint, while emerging markets detracted. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Hardman Johnston Global Equity Strategy highlighted stocks such as Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM). Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) manufactures, packages, tests, and sells integrated circuits and other semiconductor devices. The one-month return of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was 15.42%, and its shares gained 30.49% of their value over the last 52 weeks. On June 27, 2025, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) stock closed at $228.57 per share, with a market capitalization of $1.168 trillion. Hardman Johnston Global Equity Strategy stated the following regarding Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in its Q1 2025 investor letter: The top sector detractors from relative performance during the quarter were Information Technology and Energy. Within Information Technology, Marvell Technology, Inc. and Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) were the top underperformers. TSMC posted very strong results and a bullish outlook for 2025 to start the year, supporting the strength in the stock and the fundamental growth outlook for the business. However, shares of TSMC have been under pressure as new concerns have emerged in the AI semis landscape. These began with the release of the DeepSeek R1 model, but concerns have escalated since, primarily due to the risk of macro uncertainty causing reduced corporate spending. The share price correction has been entirely related to multiple contraction, as there has been no true adjustment to TSMC's earnings expectations. Given TSMC already trades at a discount to broader semis, despite its monopolistic position in leading edge foundry, we believe much of the recent selloff creates an attractive dislocation in the valuation. A close-up of a complex network of integrated circuits used in logic semiconductors. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is in 9th position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 187 hedge fund portfolios held Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) at the end of the first quarter, which was 186 in the previous quarter. While we acknowledge the potential of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) and shared the list of best big name stocks to buy. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of TSM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
30-06-2025
- Business
- Yahoo
Should You Expect Attractive Growth Opportunities in Brookfield Corporation (BN)?
Hardman Johnston Global Advisors, an investment management company, released its 'Hardman Johnston Global Equity Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy returned 0.43%, net of fees, in the quarter compared to -1.32% for the MSCI AC World Net Index. The Portfolio experienced a solid quarter relative to the market, despite a volatile environment. Industrials and Consumer Discretionary were the top sector contributors, while Information Technology and Energy detracted. Europe was the top contributor from a regional standpoint, while emerging markets detracted. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Hardman Johnston Global Equity Strategy highlighted stocks such as Brookfield Corporation (NYSE:BN). Brookfield Corporation (NYSE:BN) is an alternative asset manager and REIT/Real Estate Investment Manager firm. The one-month return of Brookfield Corporation (NYSE:BN) was 6.78%, and its shares gained 50.84% of their value over the last 52 weeks. On June 16, 2025, Brookfield Corporation (NYSE:BN) stock closed at $61.60 per share with a market capitalization of $95.38 billion. Hardman Johnston Global Equity Strategy stated the following regarding Brookfield Corporation (NYSE:BN) in its Q1 2025 investor letter: "During the quarter, we initiated five new positions in Rheinmetall, Airbus SE, Marvell Technology, Brookfield Corporation (NYSE:BN), and Infineon Technologies AG. Brookfield Corp is a leading global investment firm with $1 trillion in AUM and $100 billion in managed insurance liabilities. We see a very attractive secular growth opportunity in a sector where scale will increasingly benefit the largest players like Brookfield. The current share price reflects a significant discount to NAV and an attractive valuation relative to growth. We see strong annual growth in distributable earnings from the base businesses, which compounds when including carried interest and capital allocation." A senior executive at Sprott Asset Management USA Inc. contemplating market changes and his future investments. Brookfield Corporation (NYSE:BN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 40 hedge fund portfolios held Brookfield Corporation (NYSE:BN) at the end of the first quarter, which was 37 in the previous quarter. While we acknowledge the potential of Brookfield Corporation (NYSE:BN) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Brookfield Corporation (NYSE:BN) and shared Silver Beech Capital's views on the company. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of BN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
