Clearbridge Investments
ClearBridge Investments Growth Strategy
US Large-cap Growth
Dec 2024 → Jun 2026
Our archive holds 5 letters from this strategy, behind 7 investment theses and positions in 32 companies. Every quote below is copied verbatim from the letter it came from.
5 letters in 3 years — follow all of Clearbridge Investments for every strategy.
What it bought and sold
In industrials, we took some profits in Vertiv, whose power, thermal management and digital infrastructure solutions continue to benefit from robust data center spending and used part of the proceeds to initiate a position in MasTec, a contractor serving communications, power, energy and civil infrastructure markets.
We exited lower- conviction positions in e.l.f. Beauty and Tractor Supply as decelerating growth and questions around long-term return potential weakened our confidence.
Within IT, we used proceeds from the exits of Palantir Technologies and DocuSign to initiate a position in Cloudflare.
In addition to the transactions mentioned above, the Strategy initiated positions in Credo Technology and Lumentum in the IT sector.
In addition to the transactions mentioned above, the Strategy initiated positions in Credo Technology and Lumentum in the IT sector.
In industrials, we took some profits in Vertiv, whose power, thermal management and digital infrastructure solutions continue to benefit from robust data center spending and used part of the proceeds to initiate a position in MasTec,
We exited lower- conviction positions in e.l.f. Beauty and Tractor Supply as decelerating growth and questions around long-term return potential weakened our confidence.
Within IT, we used proceeds from the exits of Palantir Technologies and DocuSign to initiate a position in Cloudflare.
Within IT, we used proceeds from the exits of Palantir Technologies and DocuSign to initiate a position in Cloudflare.
We exited a position in Doximity in the health care sector.
Also held
Its investment theses
- NateraSep 2025Natera is a molecular diagnostics company with growth potential in cell-free DNA testing, particularly in oncology and women's health, supported by a profitable core business.
- On RunningSep 2025On Holding is a disruptive Swiss designer of premium footwear and apparel poised for market share growth through increased brand awareness and expansion into new sports categories.
- XPO LogisticsSep 2025XPO is well-positioned for margin expansion through improved service levels and strategic leadership initiatives, even in a challenging freight environment.
- VistraMar 2025Vistra is the largest competitive power generator in the U.S., well-positioned to capitalize on favorable long-term fundamentals in deregulated power markets, especially in PJM and ERCOT.
- AppLovinDec 2024AppLovin is the leading mobile game and app advertising platform with strong growth potential in mobile app marketing and e-commerce, driven by its AI technology and controlled expenses.
- Chipotle Mexican GrillDec 2024Chipotle Mexican Grill is a compelling investment opportunity due to its attractive entry point after recent share pullbacks, strong unit economics, plans for store expansion, and initiatives aimed at driving growth and margin expansion.
- Robinhood MarketsDec 2024Robinhood Markets is an established disruptor in retail brokerage poised for growth due to reduced regulatory risks and shifting policies in the cryptocurrency space.