LongTJun 2026
AT&T Inc.
The fund held an overweight position in AT&T during the quarter. Shares declined even though first-quarter earnings beat expectations, indicating that investors focused more…
Nomura Growth and Income Fund
US large-cap value-oriented equity strategy combining capital appreciation and income exposure across sectors.$2.8B AUM4 published ideas
Nomura Growth and Income Fund is a US equity fund benchmarked to the Russell 1000 Value Index. The portfolio combines growth and income exposure across sectors and uses active stock selection, with the quarter highlighting overweights in technology, communications and energy names. The fund's near-term outlook was cautiously positive on equities, supported by AI infrastructure spending and expected public-sector outlays.
Ideas from Nomura Growth and Income Fund
LongMUJun 2026
Micron Technology Inc.
Micron was an overweight position and the fund's largest contributor during the quarter. The investment was supported by an exceptional acceleration in operating results, with…
LongXOMJun 2026
Exxon Mobil Corporation
The fund maintained an overweight position in Exxon Mobil despite weak share performance during the quarter. Headline net income fell sharply because of unfavorable derivative…
LongCSCOJun 2026
Cisco Systems Inc.
Cisco was an overweight position and a key contributor to fund performance. Third-quarter revenue rose 12% year over year to a record level, while earnings and guidance exceeded…
Letters covered
- Q2 2026 Quarterly CommentaryJune 30, 2026
Source PDFs are not republished here; only extracted ideas and quotes.