ClearBridge Mid Cap Growth Strategy Fund takes new stakes in RBLX, APG, exits TTD, DECK

Published 4 weeks ago Neutral
ClearBridge Mid Cap Growth Strategy Fund takes new stakes in RBLX, APG, exits TTD, DECK
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The ClearBridge Mid Cap Growth Strategy outperformed its benchmark in the third quarter, primarily driven by stock selection in the information technology, consumer staples and health care sectors, slightly tempered by detractors from the consumer discretionary and financials sectors.

The fund made a fresh purchase in Roblox (NYSE:RBLX [https://seekingalpha.com/symbol/RBLX]) and APi Group (NYSE:APG [https://seekingalpha.com/symbol/APG]).

On the sell side, the fund exited position in Deckers Outdoor (NYSE:DECK [https://seekingalpha.com/symbol/DECK]), Keysight Technologies (NYSE:KEYS [https://seekingalpha.com/symbol/KEYS]) in the IT sector, Trade Desk (NASDAQ:TTD [https://seekingalpha.com/symbol/TTD]) in the communication services sector and IDEX in the industrials sector.

Source [https://www.clearbridge.com/perspectives/commentaries/mid-cap-growth]

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