Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Invesco Discovery Fund Exited its Position in GitLab (GTLB)

Invesco Distributors, Inc., an investment management firm, released its “Invesco Discovery Fund” second quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund outperformed its benchmark in the second quarter. The relative performance was primarily driven by stock selection. In the quarter, the leadership of large-cap growth stocks persisted, while value, mid-cap, and small-cap stocks experienced declines.  In addition, you can check the fund’s top 5 holdings to determine its best picks for 2024.

Invesco Discovery Fund highlighted stocks like GitLab...