Clearbridge Investments
Clearbridge Large Cap Value Strategy
Large-cap Value
Mar 2025 → Sep 2025
Our archive holds 2 letters from this strategy, behind 1 investment thesis and positions in 21 companies. Every quote below is copied verbatim from the letter it came from.
2 letters in a year · follow all of Clearbridge Investments for every strategy.
What it bought and sold
We also initiated a position in the quarter in Taiwan Semiconductor, a leader in advanced semiconductor manufacturing, with dominant market share in leading- edge nodes such as 3nm and 2nm, which are being adopted by nearly all major AI companies.
we stuck to our practice of upgrading quality where we see opportunity by exiting U.S. Bancorp and initiating a new position in PNC.
we’ve reduced outsize bets in high-volatility stocks such as Intel and Microchip Technology, which should reduce performance volatility.
we stuck to our practice of upgrading quality where we see opportunity by exiting U.S. Bancorp and initiating a new position in PNC.
We initiated positions in Taiwan Semiconductor and Amazon.com this quarter, while increasing our position in Alphabet, which both reduced our overall portfolio tracking error back to historical ranges and neutralized our unintentional underweight to “AI” stocks.
We initiated positions in Taiwan Semiconductor and Amazon.com this quarter, while increasing our position in Alphabet, which both reduced our overall portfolio tracking error back to historical ranges and neutralized our unintentional underweight to “AI” stocks.
more than offset weakness in GLP-1 maker Novo Nordisk, which we exited.
we’ve reduced outsize bets in high-volatility stocks such as Intel and Microchip Technology, which should reduce performance volatility.