Here’s Why ClearBridge Aggressive Growth Strategy Trimmed its Position in Seagate Technology Holdings plc (STX)

ClearBridge Investments, an investment management company, released its “ClearBridge Aggressive Growth Strategy” fourth quarter 2022 investor letter. A copy of the same can be downloaded here. The strategy outperformed its benchmark index, the Russell 3000 Growth Index, in the fourth quarter. On an absolute basis, the strategy gained in seven of the eight sectors it invested in the quarter. The communication services sector was the primary contributor while the IT sector detracted from...