This Fund Is Bullish On Hamilton Lane Incorporated (HLNE)

Polen Capital, an investment management company, released its “Polen U.S. SMID Company Growth” second quarter 2022 investor letter. A copy of the same can be downloaded here. In the second quarter, the fund underperformed its benchmark, the Russell 2500 Growth Index, and returned -28.35% net of fees. Poor performance of consumer discretionary and financials sectors impacted the fund’s performance in the quarter. In addition, please check the fund’s top five holdings to know its best picks in 2022.

In the second quarter 2022 investor letter, Polen Capital discussed stocks like Hamilton Lane Incorporated (NASDAQ:HLNE). Based in Conshohocken, Pennsylvania, Hamilton Lane Incorporated (NASDAQ:HLNE) is an investment firm. On September 28, 2022, Hamilton Lane Incorporated (NASDAQ:HLNE) stock closed at $62.44 per share. One-month return of Hamilton Lane Incorporated (NASDAQ:HLNE) was -8.61% and its shares lost 26.39% of their value over the last 52 weeks. Hamilton Lane Incorporated (NASDAQ:HLNE) has a market capitalization of $3.325 billion.

Here is what Polen Capital specifically said about Hamilton Lane Incorporated (NASDAQ:HLNE) in its Q2 2022 investor letter:

Hamilton Lane Incorporated (NASDAQ:HLNE) is a leading private markets investment management firm providing innovative solutions to institutional and private wealth investors, was a new addition to the portfolio in the quarter. While the stock was down in the quarter, much of the weakness came ahead of our purchase. Stepping back, this is a very stable underlying business that continues to benefit from secular tailwinds around growing private equity allocations.”

Investments, Finance

Investments, Finance

Hamilton Lane Incorporated (NASDAQ:HLNE) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 10 hedge fund portfolios held Hamilton Lane Incorporated (NASDAQ:HLNE) at the end of the second quarter which was 14 in the previous quarter.

We discussed Hamilton Lane Incorporated (NASDAQ:HLNE) in another article and shared Polen Capital’s views on the company. In addition, please check out our hedge fund investor letters Q2 2022 page for more investor letters from hedge funds and other leading investors.

Disclosure: None. This article is originally published at Insider Monkey.