WS Amati Global Innovation Fund, managed by a UK-based equity management firm from AMAti Global Investors, released its second quarter 2026 investor letter. A copy of the letter is available to download here. Financial market performance in the second quarter was dominated by geopolitical conflict and enthusiasm for AI. Significant investments across all elements of AI resulted in exceptional growth for related companies, ranging from chip producers to companies constructing data centres. The fund outperformed the MSCI ACWI benchmark due to its diversified exposure beyond headline AI firms, with semiconductor and equipment suppliers being major contributors. At the same time, software and IT services faced investor skepticism due to fears of automation despite long-term potential. The firm is confident in the innovation frontiers to capture long-term growth opportunities in automation, semiconductors, and advanced technologies. In addition, please check the Strategy’s top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, WS Amati Global Innovation Fund highlighted PTC Inc. (NASDAQ:PTC). PTC Inc. (NASDAQ:PTC) is a global software company that provides enterprise and industrial software solutions, enabling customers to manage all aspects of the product development lifecycle(PLM). On July 24, 2026, PTC Inc. (NASDAQ:PTC) closed at $118.52 per share, reflecting a market capitalization of $13.69 billion. PTC Inc. (NASDAQ:PTC) posted a one-month return of 4.07%, while its shares lost 41.90% over the past 52 weeks.
WS Amati Global Innovation Fund stated the following regarding PTC Inc. (NASDAQ:PTC) in its Q2 2026 investor update:
“Equity markets in their enthusiasm for the AI opportunity have written off many companies which we are confident have many years of demand growth ahead. Specialist software providers into often highly regulated industries will be extremely difficult to replicate and there is little incentive for users to do so. Companies such as PTC Inc. (NASDAQ:PTC) and Autodesk are often foundational for the clients that use them, and they are embracing AI to improve their offering and the efficiency of their customers. The way their businesses are effectively being written off in the minds of investors creates a very attractive investment opportunity in our view, and our 3-5 year time horizon gives plenty of runway for a more balanced view to assert itself.”
PTC Inc. (NASDAQ:PTC) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 42 hedge fund portfolios held PTC Inc. (NASDAQ:PTC) at the end of the first quarter, compared to 44 in the previous quarter. While we acknowledge the risk and potential of PTC Inc. (NASDAQ:PTC) 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 PTC Inc. (NASDAQ:PTC) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered PTC Inc. (NASDAQ:PTC) and shared the list of best cheap stocks that are about to explode. 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.
