Aristotle
Aristotle Global Equity Advisory
Global
Jun 2026 → Sep 2026
Our archive holds 3 letters from this strategy, behind 8 investment theses and positions in 21 companies. Every quote below is copied verbatim from the letter it came from.
3 letters in a year · follow all of Aristotle for every strategy.
Performance
as of Sep 30, 2026 · net of fees · USD · Global Equity WM Composite (net)
- YTD+2.8%index +13.0%
- 1Y+6.2%index +16.8%
- 3Y · /yr+11.5%index +21.7%
- 5Y · /yr+4.9%index +11.6%
- 10Y · /yr+8.6%index +12.4%
- Inception · /yr+8.0%index +10.6%
Index: MSCI ACWI Index (net)
| YTD | 1Y | 3Yper year | 5Yper year | 10Yper year | Since inceptionper year | |
|---|---|---|---|---|---|---|
| Aristotle Global Equity Advisory | +2.8% | +6.2% | +11.5% | +4.9% | +8.6% | +8.0% |
| MSCI ACWI Index (net) | +13.0% | +16.8% | +21.7% | +11.6% | +12.4% | +10.6% |
Calendar years
- 2025+18.9%index +22.3%
- 2024+2.3%index +17.5%
- 2023+17.7%index +22.2%
- 2022−18.4%index −18.4%
- 2021+18.2%index +18.5%
- 2020+15.5%index +16.3%
- 2019+26.1%index +26.6%
- 2018−8.8%index −9.4%
- 2017+21.5%index +24.0%
- 2016+8.6%index +7.9%
Since inception: Since Inception (12/1/2010)
Disclaimer
These figures are copied from the manager’s latest letter, as of Sep 30, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
Given the progress, we chose to sell our position and redeploy the proceeds into what we believe is a more attractive opportunity in McKesson.
During the quarter, we sold our positions in Assa Abloy and Oshkosh and purchased E Ink Holdings and McKesson.
During the quarter, we sold our positions in Assa Abloy and Oshkosh and purchased E Ink Holdings and McKesson.
Given this overlap and the clearer catalysts we see in these opportunities, we elected to exit Tokyo Century and redeploy the proceeds.
During the quarter, we sold our positions in Danaher, Dolby Laboratories, and Tokyo Century and purchased Techtronic Industries and Wal-Mart de Mexico.
During the quarter, we sold our positions in Danaher, Dolby Laboratories, and Tokyo Century and purchased Techtronic Industries and Wal-Mart de Mexico.
As a result, while we continue to view Dolby as a high-quality franchise and will monitor its monetization efforts, we believe the remaining catalysts lack the visibility and timing we require, and exited the position.
Also held
Its investment theses
- Wal-Mart de Mexico SAB de CVJun 2026Wal-Mart de Mexico combines dominant scale, omnichannel growth, strong ROIC, and valuation upside from store expansion and margin gains.
- Techtronic Industries Co. Ltd.Jun 2026Techtronic Industries is a leading power-tool franchise with strong brands, a battery ecosystem moat, attractive valuation, and multiple growth catalysts.
- Jazz PharmaceuticalsJun 2026Jazz Pharmaceuticals is building long-term value through differentiated therapies, a growing oncology franchise, and strong cash flow generation.
- QualcommJun 2026Qualcomm is diversifying beyond handsets into connected computing, benefiting from AI and connectivity tailwinds while generating strong free cash flow.
- DanaherJun 2026Danaher is a disciplined healthcare platform with recurring revenue, strong capital allocation, and a culture that supports margin expansion and free cash flow.
- Munich ReJun 2026Munich Re benefits from scale, diversification, strong capital, and technology investments that support attractive returns across insurance cycles.
- Tokyo CenturyJun 2026Tokyo Century was owned for its diversified leasing and specialty finance platform, strong balance sheet, and aviation leasing catalysts.
- Wal-Mart de Mexico SAB de CVJun 2026Wal-Mart de Mexico benefits from scale, strong ROIC, omnichannel growth, and attractive valuation tied to store expansion and margins.