Macquarie Core Equity Fund Sold The Procter & Gamble Co. (PG) at Reasonable Gains

Macquarie Asset Management, an investment management company, released its “Macquarie Core Equity Fund” investor letter for the second quarter of 2025. A copy of the letter can be downloaded here. The US large-cap equity market surged in Q2 2025, with the S&P 500® Index rising 10.94%. The equity market’s strength was due to reduced concerns over the possibility of President Trump quickly imposing harsh tariffs. Later, the administration put a pause on the tariff implementation. In this environment, the Macquarie Core Equity Fund’s Institutional Class returned 11.94% surpassing the benchmark, the S&P 500 Index. Eighty percent of the relative performance was driven by sector selection, and individual security selection accounted for the remainder. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, the Macquarie Core Equity Fund highlighted stocks such as The Procter & Gamble Company (NYSE:PG). The Procter & Gamble Company (NYSE:PG) is a leading provider of consumer-packaged goods. The one-month return of The Procter & Gamble Company (NYSE:PG) was -0.85%, and its shares lost 9.70% of their value over the last 52 weeks. On September 18, 2025, The Procter & Gamble Company (NYSE:PG) stock closed at $157.32 per share, with a market capitalization of $368.205 billion.

Macquarie Core Equity Fund stated the following regarding The Procter & Gamble Company (NYSE:PG) in its second quarter 2025 investor letter:

“The Procter & Gamble Company (NYSE:PG) was sold at reasonable gains. The company and the consumer staples sector is forecast to show slowing organic sales growth – a function of strong pricing gains since the pandemic (making product increasingly unaffordable) and slowing employment and wage growth.”

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The Procter & Gamble Company (NYSE:PG) is not on our list of 30 Most Popular Stocks Among Hedge Funds. AAccording to our database, 88 hedge fund portfolios held The Procter & Gamble Company (NYSE:PG) at the end of the second quarter, consistent with the previous quarter.  While we acknowledge the risk and potential of The Procter & Gamble Company (NYSE:PG) 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 The Procter & Gamble Company (NYSE:PG) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered The Procter & Gamble Company (NYSE:PG) and shared some of the best dividend stocks with consistent payouts. In addition, please check out our hedge fund investor letters Q2 2025 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.