Aristotle
Aristotle International Equity
International Large-cap
Dec 2024 → Sep 2026
Our archive holds 7 letters from this strategy, behind 11 investment theses and positions in 18 companies. Every quote below is copied verbatim from the letter it came from.
7 letters in 3 years · follow all of Aristotle for every strategy.
Performance
as of Sep 30, 2026 · net of fees · USD
- YTD+3.9%index +10.3%
- 1Y+9.6%index +15.7%
- 3Y · /yr+14.1%index +18.4%
- 5Y · /yr+5.8%index +9.3%
- 10Y · /yr+7.9%index +9.1%
- Inception · /yr+6.0%index +4.6%
Index: MSCI EAFE Index (net)
| YTD | 1Y | 3Yper year | 5Yper year | 10Yper year | Since inceptionper year | |
|---|---|---|---|---|---|---|
| Aristotle International Equity | +3.9% | +9.6% | +14.1% | +5.8% | +7.9% | +6.0% |
| MSCI EAFE Index (net) | +10.3% | +15.7% | +18.4% | +9.3% | +9.1% | +4.6% |
Calendar years
- 2025+22.7%index +31.2%
- 2024+5.7%index +3.8%
- 2023+17.9%index +18.2%
- 2022−20.9%index −14.4%
- 2021+16.4%index +11.3%
- 2020+10.0%index +7.8%
- 2019+24.5%index +22.0%
- 2018−10.2%index −13.8%
- 2017+23.2%index +25.0%
- 2016+0.6%index +1.0%
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
During the quarter, we sold our position in Michelin and invested in WEG.
During the quarter, we sold our position in Michelin and invested in WEG.
- New positionMagnum Ice Cream Company N.V.Jun 2026
During the quarter, we sold our position in Unilever and invested in Magnum Ice Cream.
We therefore elected to exit Unilever and redeploy the proceeds into Magnum Ice Cream, discussed in greater detail below.
Also held
Its investment theses
- CamecoSep 2026Cameco is a leading uranium producer positioned to benefit from rising nuclear energy demand, supported by long-term contracts and flexible tier-one assets.
- Rentokil InitialSep 2026Rentokil Initial is a pest control and hygiene services provider with scale, route density and a recurring service model that support competitive advantages.
- AccentureSep 2026Accenture is a technology consulting leader whose deep expertise and client relationships become more valuable as technological change accelerates.
- WEG S.A.Sep 2026WEG is a high-quality electrical equipment manufacturer with vertical integration, scale, strong returns and attractive long-term growth catalysts.
- FANUC CorporationDec 2025FANUC Corporation is a Japanese factory automation leader with a dominant CNC base, expanding software ecosystem and NVIDIA collaboration, positioned to benefit from accelerating global automation with strong margins.
- Kubota CorporationDec 2025Kubota Corporation is a leading tractor and construction machinery maker whose maturing share gains and rising capital intensity led to an exit despite strong positions in key markets.
- Aristocrat Leisure LimitedDec 2025Aristocrat Leisure Limited is a global gaming leader with high recurring revenue, oligopolistic industry dynamics, strong content and digital capabilities, attractive valuation, and clear catalysts from share gains and NeoGames integration.
- Experian plcDec 2025Experian plc is a scaled global credit data and analytics leader with network effects, pricing power and expanding software and consumer offerings that drive durable growth.
- Wal Mart de Mexico SAB de CVSep 2025Walmex combines dominant scale, resilient grocery-led cash flows, and Walmart-backed digital capabilities, offering undervalued exposure to long-term growth through e-commerce, private label expansion, and disciplined store rollout in Mexico and Central America.
- Fast RetailingMar 2025Fast Retailing Co., Ltd. is a leading apparel company known for its high-quality, timeless clothing through UNIQLO, with a focus on innovation and expansion, making it an attractive investment opportunity.