TimesSquare Capital Management, an equity investment management company, released its “U.S. Mid Cap Growth Strategy” first-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Strategy fell 7.72% (net) in the quarter compared to -6.35% for the Russell Midcap Growth Index. In the first quarter, markets navigated geopolitical tensions and economic resilience alongside temporary global tariffs. High oil prices and supply chain disruptions followed U.S. and Israeli involvement in Iran, prompting a shift to safer assets and a reevaluation of supply chains and energy dependencies. Central banks maintained steady policies despite energy-driven inflation. In this environment, the Strategy remains focused on disciplined management teams with durable competitive advantages. Please review the Strategy’s top five holdings to gain insights into their key selections for 2026.
In its first-quarter 2026 investor letter, TimesSquare Capital U.S. Mid Cap Growth Strategy highlighted CBRE Group, Inc. (NYSE:CBRE). CBRE Group, Inc. (NYSE:CBRE) is a commercial real estate services and investment company. On June 30, 2026, CBRE Group, Inc. (NYSE:CBRE) closed at $134.69 per share. One-month return of CBRE Group, Inc. (NYSE:CBRE) was 6.87%, and its shares lost 5.49% over the past 52 weeks. CBRE Group, Inc. (NYSE:CBRE) has a market capitalization of $39.44 billion.
TimesSquare Capital U.S. Mid Cap Growth Strategy stated the following regarding CBRE Group, Inc. (NYSE:CBRE) in its Q1 2026 investor letter:
“Within the real estate sector,CBRE Group, Inc. (NYSE:CBRE), a commercial real estate services and investment company, dropped by -16%. Results from the latest quarter were high quality across business lines. Nevertheless, commercial real estate brokers have come under pressure due to concerns about potential AI disintermediation, which we believe is low.”
CBRE Group, Inc. (NYSE:CBRE) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 82 hedge fund portfolios held CBRE Group, Inc. (NYSE:CBRE) at the end of the first quarter, up from 79 in the previous quarter. While we acknowledge the risk and potential of CBRE Group, Inc. (NYSE:CBRE) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CBRE Group, Inc. (NYSE:CBRE) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered CBRE Group, Inc. (NYSE:CBRE) and shared Baron Real Estate Fund’s views on the company. In addition, please check out our hedge fund investor letters Q1 2026 page for more investor letters from hedge funds and other leading investors.
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Disclosure: None. This article is originally published at Insider Monkey.
