Clearbridge Large Cap Growth Strategy Added Taiwan Semiconductor (TSM) to Increase the Sector Exposure

ClearBridge Investments, an investment management company, released its “ClearBridge Large Cap Growth Strategy” second quarter 2024 investor letter. A copy of the letter can be downloaded here. In the second quarter, the gap in equity leadership narrowed considerably as mega-cap growth stocks reaffirmed their dominance and obscured weakness in most of the market. The S&P 500 Index rose 4.28% while the NASDAQ Composite advanced 8.26% for the period compared to a 3.28% decline for the...