Heartland Advisors, an investment management company, released its second-quarter 2026 investor letter for “Heartland Value Fund”. A copy of the letter can be downloaded here. The AI trend continues to drive the market in the quarter. Small-cap stocks continue to outperform, with the Russell 2000® Index rising 21.49% in the quarter. The Heartland Value Fund gained 17.05% in the quarter, compared with the 17.19% return for the Russell 2000® Value Index. In addition, you can check the Fund’s top 5 holdings to determine its best picks for 2026.
In its Q2 2026 investor letter,...
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