Clearbridge Investments
Clearbridge Large Cap Growth ESG Strategy
Large-cap Growth
Dec 2024 → Mar 2025
Our archive holds 2 letters from this strategy, behind 1 investment thesis and positions in 25 companies. Every quote below is copied verbatim from the letter it came from.
2 letters in 2 years · follow all of Clearbridge Investments for every strategy.
What it bought and sold
Also in IT, we added to tax and accounting software maker Intuit.
The purchase of Synopsys, a leader in electronic design automation (EDA) software and custom chip designs, was the most significant change to our IT holdings.
To help fund these additions, we exited our position in Alcon, a medical device company focused on eye care products and solutions for surgical procedures and consumer use, and Intercontinental Exchange (ICE), an operator of securities exchanges and provider of fixed income, data services and mortgage technology solutions.
We added to both positions, taking advantage of what we view as short-term weakness as Alphabet missed high expectations for cloud revenue growth in its latest quarter, while Tesla worked through negative sentiment over CEO Elon Musk’s role in the Trump administration.
We added to both positions, taking advantage of what we view as short-term weakness as Alphabet missed high expectations for cloud revenue growth in its latest quarter, while Tesla worked through negative sentiment over CEO Elon Musk’s role in the Trump administration.
To help fund these additions, we exited our position in Alcon, a medical device company focused on eye care products and solutions for surgical procedures and consumer use, and Intercontinental Exchange (ICE), an operator of securities exchanges and provider of fixed income, data services and mortgage technology solutions.