TimesSquare Capital Management
Timesquare US Small Cap Growth
US Small-cap Growth
Mar 2025 → Mar 2025
Our archive holds 1 letter from this strategy and positions in 29 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year · follow all of TimesSquare Capital Management for every strategy.
What it bought and sold
We decided to reduce the position as there has been slower growth among lower- and middle-income households.
we built up the position with rising conviction in the business.
We decided to sell out of the position, which declined by -35% for the time it was held in the quarter.
While its shares edged forward by 1% over the quarter, we opportunistically added to the position.
We trimmed the position on this strength.
There were two additions to the sector this quarter.
we sold out of the position which climbed 54% for the time it was held in the quarter.
We added to the position over the quarter.
- New positionInfinity Natural Resources, Inc.Mar 2025
New to the sector this quarter was Infinity Natural Resources Inc., an exploration and production company with operations in the Appalachian Basin.
we decided to book some of the profits by cutting back on the investment.
We decided to liquidate the position because this company entered an inventory correction phase and those tend to be multiple quarter events.
We added to the position on this weakness.
We opportunistically added to the position when its shares pulled back in late March, though the stock still scored a 10% gain for the quarter.
New to the sector this quarter was Paymentus Holdings Inc., a provider of cloud-based bill payment technology and solutions.
We exited the position due to incremental restrictions on its business with China as well as general weakness in semiconductor volumes.
Also held
- Insmed Incorporated
- MVB Financial Corp.
- Cactus, Inc.
- Regal Rexnord Corporation
- Boot Barn Holdings, Inc.
- Casella Waste Systems, Inc.
- Addus HomeCare Corporation
- Tetra Tech, Inc.
- BJ's Wholesale Club Holdings, Inc.
- Bright Horizons Family Solutions Inc.
- Valvoline Inc.
- Magnolia Oil & Gas Corp.
- AZEK Company Inc.
- ACV Auctions Inc.