LongSNOWJun 2026
Snowflake Inc.
Snowflake was the fund's leading contributor after quarterly results materially exceeded expectations. The company showed accelerating consumption-based revenue growth and raised…
Nomura Mid Cap Growth Fund
Bottom-up US mid-cap growth strategy focused on high-quality companies with above-average growth potential, differentiated products, resilient margins, strong balance sheets and durable competitive advantages.$2.7B AUM3 published ideas
Nomura Mid Cap Growth Fund, formerly Macquarie Mid Cap Growth Fund, invests primarily in high-quality US mid-cap companies with above-average growth potential. The team uses bottom-up stock selection and emphasizes durable competitive advantages, resilient margins, strong balance sheets and long-term earnings compounding. In the current environment, the portfolio is especially focused on AI infrastructure, reshoring and re-industrialization, and balance-sheet quality.
Ideas from Nomura Mid Cap Growth Fund
LongMTSIJun 2026
MACOM Technology Solutions Holdings Inc.
MACOM is positioned as a hardware enabler of the AI infrastructure buildout. The fund highlights strong demand for the company's high-performance analog semiconductors used in…
LongGFSJun 2026
GlobalFoundries Inc.
GlobalFoundries gives the portfolio exposure to differentiated semiconductor manufacturing and the reshoring of critical supply chains. The company posted better-than-expected…
Letters covered
- Q2 2026 Quarterly CommentaryJune 30, 2026
Source PDFs are not republished here; only extracted ideas and quotes.