The London Company
The London Company Small Mid Cap
Mid-cap
Mar 2025 → Sep 2026
Our archive holds 3 letters from this strategy, behind 3 investment theses and positions in 13 companies. Every quote below is copied verbatim from the letter it came from.
3 letters in 2 years · follow all of The London Company for every strategy.
Performance
as of Sep 30, 2026 · net of fees · USD
- YTD+3.3%index +14.9%
- 1Y+5.3%index +17.5%
- 3Y · /yr+6.3%index +17.7%
- 5Y · /yr+3.8%index +7.5%
- 10Y · /yr+8.1%index +10.8%
- Inception · /yr+12.0%index +13.9%
Index: Russell 2500
| YTD | 1Y | 3Yper year | 5Yper year | 10Yper year | Since inceptionper year | |
|---|---|---|---|---|---|---|
| The London Company Small Mid Cap | +3.3% | +5.3% | +6.3% | +3.8% | +8.1% | +12.0% |
| Russell 2500 | +14.9% | +17.5% | +17.7% | +7.5% | +10.8% | +13.9% |
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
● Increased: Primo Brands Corporation (PRMB) – Added to PRMB, making it a full position.
● Exited: UniFirst Corporation (UNF) – Sold following the announced acquisition by Cintas (CTAS).
● Increased: Somnigroup International Inc. (SGI) – Added to SGI as the mattress industry remains depressed and the stock has pulled back.
● Exited: Lamb Weston Holdings, Inc. (LW) – Sold following the stock's recovery this year.
Also held
Its investment theses
- Primo Brands CorporationSep 2026Primo Brands Corporation is favored for its leading bottled water position, recurring demand, difficult-to-replicate delivery network, attractive valuation, and merger-driven improvement potential.
- Entegris, Inc.Jun 2026Entegris benefits from semiconductor demand recovery, AI-related spending, and a path to structurally higher earnings with strong competitive positioning.
- Marzetti, Co.Jun 2026Marzetti has core brands gaining share, margin expansion potential, and long-term earnings growth supported by acquisitions and portfolio optimization.