London Company Income Equity Strategy Reduced TE Connectivity Ltd. (TEL) Holdings for Strategic Positioning

The London Company, an investment management company, released its second-quarter 2026 investor letter for its “The London Company Income Equity Strategy”. A copy of the letter can be downloaded here. U.S. equities rebounded in Q2, with the Russell 3000 rising 15.4% and the S&P 500 achieving its best quarter since 2020, driven by AI infrastructure spending and strong earnings. The momentum intensified in late June following a U.S.-Iran peace deal that lowered oil prices. Technology,...