Weitz Investment Large Cap Equity Fund Added IDEX Corporation (IEX) As It Trades at a Discount To The Business Value Estimates

Weitz Investment Management, an investment management firm, released its “Large Cap Equity Fund” third-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the third quarter, the fund’s Institutional Class returned 7.84% compared to a +6.08% return for the Russell 1000 Index. As AI fever subsided, stock gains were widespread. Value stocks outperformed higher-flying growth stocks, while small and medium-sized businesses took the lead. In addition, you can check the fund’s top 5 holdings to find out its best picks for 2024.

Weitz Large Cap Equity Fund...