Add as a preferred source on GoogleClearBridge Large Cap Value Adds Nvidia, Coca-Cola, Exits Two Stocks
The strategy underperformed the Russell 1000 Value benchmark in the third quarter while posting positive contributions from six of its 10 invested sectors.
ClearBridge Large Cap Value added Nvidia and Coca-Cola while exiting Chevron and PepsiCo during the third quarter, reshaping the strategy’s reported holdings as it lagged its benchmark.
The strategy underperformed the Russell 1000 Value benchmark during the period. It recorded positive contributions from six of the 10 sectors in which it invested.
ClearBridge Large Cap Value had exposure to 10 of the 11 sectors during the quarter. The portfolio changes included new positions in Nvidia and Coca-Cola and the removal of Chevron and PepsiCo.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.