London Company SMID Cap Strategy’s Q2 2026 Investor Letter

The London Company, an investment management company, released its second-quarter 2026 investor letter for its “Small-Mid Cap Strategy.” U.S. equities rebounded sharply in Q2, with the Russell 3000 gaining 15.4%, supported by AI infrastructure spending, strong earnings, and easing Middle East tensions. Technology led the rally as semiconductors recovered, while Energy and defensive sectors lagged. The portfolio returned 12.1% gross and 11.8% net compared with a 20.3% gain in the Russell...