ClearBridge Large Cap Growth Strategy Increased its Stake in Alphabet (GOOG) in Q1

ClearBridge Investments, an investment management company, released its “ClearBridge Large Cap Growth Strategy” first quarter 2025 investor letter. A copy of the letter can be downloaded here. The majority of growth indexes entered correction territory during the quarter, due to pressure from the chaotic tariff implementation, concerns about a weakening U.S. economy, and increased inflation. Against this backdrop, the strategy outperformed the benchmark, driven by diversified stock selection and an underweight exposure to the Magnificent Seven. The S&P 500 Index declined 4.27% in the...