Broyhill Asset Management’s Q1 2026 Investor Letter

Broyhill Asset Management, an investment advisor, released its first-quarter 2026 investor letter. The Broyhill Equity Composite declined 6.0% in the first quarter, net of all fees and expenses, lagging the MSCI All Country World Index, which declined 3.1%. After a strong start to the year, global stocks fell sharply following the strikes on Iran. The firm’s defensive strategy, with nearly half the portfolio invested in noncyclical sectors, failed to provide the historical protection in the quarter. The portfolio underperformed in the quarter because of its high exposure to non-cyclical industries, lack of energy investments, and over half of its investments are made outside the United States. In addition, please check the Portfolio’s top five holdings to know its best picks in 2026.

A copy of Broyhill Asset Management’s Q1 2026 investor letter can be downloaded here.

1281292 - 11759070 - 1