Hardman Johnston Large Cap Equity Strategy Q1 2026 Update
Investor Letter Overview
Hardman Johnston Global Advisors has released its investor letter for the Hardman Johnston Large Cap Equity Strategy for Q1 2026. The strategy reported a gross return of 0.68% and a net return of 0.57%, while the S&P 500 Total Return Index declined by -4.33%. The firm highlights that companies with strong backlogs performed well, whereas those with economically sensitive clients struggled. Overall, the outlook for the U.S. economy is deemed positive;
Key Holdings and Performance
One notable stock mentioned is Curtiss-Wright Corporation (NYSE:CW). Here are some key details:
- Share Price as of July 1, 2026: $757.76
- One-Month Return: 3.25%
- 52-Week Gain: 57.98%
- Market Capitalization: $28 billion
Q1 2026 Performance Insight
The letter notes:
“The best contributors were led by Vertiv Holdings Co., Advanced Energy Industries, Inc., and Curtiss-Wright Corporation (NYSE:CW). All three saw customer order growth adding to already strong backlogs in their respective fields.”
Additional Resources
While Curtiss-Wright is not listed among the 40 Most Popular Stocks Among Hedge Funds Heading Into 2026, it was noted that 52 hedge funds held CW shares at the end of Q1, a decrease from 59 in the previous quarter. For Q1 2026, the company’s sales reached $914 million, a 13% year-over-year growth.
Investment Commentary
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For full insights and analysis, you can access the complete investor letter here.
