Investment management company Vulcan Value Partners recently released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. Vulcan Value Partners prioritizes long-term returns and lower risk over short-term performance. In the quarter, the Large Cap Composite (Net) returned 9.5%, the Small Cap Composite (Net) returned 13.3%, the Focus Composite (Net) returned 10.4%, the Focus Plus Composite (Net) returned 10.5%, and the All-Cap Composite (Net) returned 9.0%. The firm reported strong compounding across its strategies in Q2 2026. Management highlighted that their exceptional holdings remain deeply undervalued relative to “what is working” in the market, viewing this as an excellent opportunity for patient investors. In addition, please check the Firm’s top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Vulcan Value Partners highlighted Littelfuse, Inc. (NASDAQ:LFUS) as a material contributor. Littelfuse, Inc. (NASDAQ:LFUS) is a leading industrial technology company that designs, manufactures, and sells electronic components, modules, and subassemblies. On July 30, 2026, Littelfuse, Inc. (NASDAQ:LFUS) closed at $442.00 per share. One-month return of Littelfuse, Inc. (NASDAQ:LFUS) was 5.62%, and its shares gained 79.26% over the past 52 weeks. Littelfuse, Inc. (NASDAQ:LFUS) has a market capitalization of $11.23 billion.
Vulcan Value Partners stated the following regarding Littelfuse, Inc. (NASDAQ:LFUS) in its Q2 2026 investor update:
“Littelfuse, Inc. (NASDAQ:LFUS) is an industrial manufacturing company focused on developing circuit protection, sensing, and power control products used to safeguard electrical systems in automotive, industrial, and electronics end markets. Its portfolio includes fuses, power semiconductors, relays, sensors, and surge protection devices that help prevent electrical damage and enhance reliability. The company reported strong results for the quarter with revenues rising 19% and operating margins improving by over 300 basis points. Their data center business is now a double-digit percentage of revenue and is growing rapidly. We expect the company to continue to experience attractive top-line growth and margin expansion over the next several years.”
Littelfuse, Inc. (NASDAQ:LFUS) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 43 hedge fund portfolios held Littelfuse, Inc. (NASDAQ:LFUS) at the end of the first quarter, compared to 32 in the previous quarter. In the first quarter of 2026, Littelfuse, Inc.’s (NASDAQ:LFUS) net sales were $657 million, up 19% year over year, 9% organically. While we acknowledge the risk and potential of Littelfuse, Inc. (NASDAQ:LFUS) 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 Littelfuse, Inc. (NASDAQ:LFUS) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered Littelfuse, Inc. (NASDAQ:LFUS) and shared Heartland Value Plus Fund’s views on the company. In addition, please check out our hedge fund investor letters Q2 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.
