In this article, we will list the 5 stocks that tanked and why Larry Robbins’ top picks are struggling in 2026. Please visit 10 Stocks That Tanked: Why Larry Robbins’ Top Picks Are Struggling in 2026 if you would like to see the extended list and the methodology behind it.
Larry Robbins of Glenview Capital
5. RH (NYSE:RH)
YTD Decline in Share Price: 31%
Glenview Capital’s Stake: $20 million
RH (NYSE:RH) is a relatively recent addition to the 13F portfolio of Glenview Capital. The fund first disclosed a stake in the company in the second quarter of 2025. This comprised more than 65,000 shares. Filings for the fourth quarter of 2025 show that the fund owned over 111,000 shares in the company, up close to 40% compared to filings for the third quarter. RH operates as a retailer and lifestyle brand in the home furnishings market in the United States, Canada, the United Kingdom, Germany, Belgium, and Spain. It offers merchandise in various categories, including furniture, lighting, textiles, bath ware, décor, and outdoor and garden furnishings, as well as baby, child, and teen furnishings.
The primary driver of the current bearish sentiment around RH (NYSE:RH) is the recent Q4 2025 earnings report, released in March. The firm reported adjusted EPS of $1.53, missing analyst consensus estimates of $2.21 by 30.8%. For Q1 2026, management guided revenue to decline by 2% to 4% year-over-year. Even more concerning is the forecasted Adjusted EBITDA margin for Q1, expected to be between 5.5% and 6.5%, a steep drop from the 13.1% reported in the prior year. The profitability of the firm is being squeezed from both ends: rising external costs and heavy internal investment. Management has quantified a tariff-related impact of 190 basis points on gross margins due to sourcing changes and supply chain complexity.
4. Accenture plc (NYSE:ACN)
YTD Decline in Share Price: 33%
Glenview Capital’s Stake: $51 million
Accenture plc (NYSE:ACN) is a new addition to the 13F portfolio of Glenview Capital. Filings for the fourth quarter of 2025 show that the fund owned just under 200,000 shares in the company. Accenture provides strategy and consulting, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers systems integration and application management, security, intelligent platform, infrastructure, software engineering, data, AI, cloud, and automation and global delivery services. The company also operates business processes for specific enterprise functions.
Accenture plc (NYSE:ACN) is a company that is the poster child of the billable hours routine. However, the advent of AI is threatening this model. Analysts have pointed out that if AI can automate 30–50% of routine coding, testing, and documentation work, the massive workforce of the firm might become a liability rather than an asset. The rise of autonomous AI agents in early 2026, systems that execute tasks rather than just assist humans, threatens to destroy the demand for large-scale offshore eams. Analysts fear the revenue per project for the firm will shrink even if their internal margins improve. To combat AI cannibalization, Accenture is shifting toward fixed-price, outcome-based contracts.
READ ALSO: Billionaire Joe Edelman’s 10 Stock Picks with Huge Upside Potential.
3. Zillow Group, Inc. (NASDAQ:Z)
YTD Decline in Share Price: 36%
Glenview Capital’s Stake: $79 million
Zillow Group, Inc. (NASDAQ:Z) is a relatively recent addition to the 13F portfolio of Glenview Capital. The fund first disclosed a stake in the company in the third quarter of 2025. This position comprised just under 890,000 shares. Filings for the fourth quarter of 2025 show that the fund owned 1.1 million shares in the company, up over 30% compared to filings for the previous quarter. Zillow operates a real estate application and website that connects consumers with technology, agents and loan officers, and digital solutions in the United States. The firm offers advertising and marketing solutions for real estate agents as well.
In the latest earnings report, released earlier this month, Zillow Group, Inc. (NASDAQ:Z) admitted that incremental legal expenses created a 160-basis-point headwind on adjusted EBITDA margins. While Zillow is finding ways to squeeze more revenue out of existing segments like Rentals and Mortgages, it is losing the core audience, critics claim. In Q1 2026, traffic to Zillow’s mobile apps and websites declined 3% year-over-year to 220 million average monthly unique users. Total visits also dropped 3% to 2.3 billion. Investors view this as a sign that the Zillow habit is breaking among consumers, making it increasingly difficult for the company to maintain lead over rivals like CoStar.
2. ZoomInfo Technologies Inc. (NASDAQ:GTM)
YTD Decline in Share Price: 36%
Glenview Capital’s Stake: $203 million
ZoomInfo Technologies Inc. (NASDAQ:GTM) first appeared in the 13F portfolio of Glenview Capital in the second quarter of 2022. This position comprised 308,000 shares. By late 2022, the fund had increased this position to 1.7 million shares. However, it sold off this holding completely in the next quarter. A new position in the company was then opened in the second quarter of 2024. This position comprised 1.5 million shares. Since then, the fund has steadily added to this stake. Filings for the fourth quarter of 2025 show that the fund owned over 20 million shares in the company, up 8% compared to filings for the previous quarter.
The high growth days for ZoomInfo Technologies Inc. (NASDAQ:GTM) seem to be over. In early May, analysts noted that Q1 revenue is expected to increase by only 4.28%, a far cry from the 20% to 30%+ growth rates the company commanded just two years ago. Critics argue that ZoomInfo is a primary victim of budget tightening in the sales and marketing tech stack. Companies are aggressively consolidating tools, and ZoomInfo’s seat-based pricing model is hurting as firms reduce their headcount of sales professionals. Bears argue that the rise of LLM-driven sales intelligence tools, which can scrape and verify data in real-time, is eroding ZoomInfo’s competitive advantage of having a massive, human-verified database.
1. Genius Sports Limited (NYSE:GENI)
YTD Decline in Share Price: 60%
Glenview Capital’s Stake: $22 million
Genius Sports Limited (NYSE:GENI) is a new addition to the 13F portfolio of Glenview Capital. Filings for the fourth quarter of 2025 show that the fund owned just over 2 million shares in the company. Genius provides technology-led products and services to the sports, sports betting, and sports media industries in the Americas, Europe, and internationally. It offers technology infrastructure for the collection, integration, and distribution of live optical tracking, event data, and video for league’s operations, streaming solutions comprising technology, automatic production, and distribution for sports to commercialize video footage of their games.
Genius Sports Limited (NYSE:GENI) recently reported a GAAP net loss of $55.5 million for Q1, a jump from the $8.2 million loss in the same period last year. The company reported an EPS of $0.21, missing the analyst consensus estimate of $0.09 by a wide margin. While the losses have widened, revenue actually surged 31% to $188 million during the quarter, beating estimates. Another bearish signal tracked by monitors is the consistent pattern of key executives offloading shares in early 2026. In January 2026 alone, multiple officers, including the CEO and General Counsel, engaged in proposed sales totaling millions of dollars.
While we acknowledge the potential of GENI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GENI and that has 100x upside potential, check out our report about the cheapest AI stock.
READ NEXT: 14 Best Defensive Stocks to Invest In Now and 14 Best Low Risk High Growth Stocks to Buy Right Now.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
