Renaissance Investment Management, an investment management company, released its Q1 2026 “Large Cap Growth Strategy.” A copy of the letter can be downloaded here. Stocks fell sharply in the first quarter due to the Iran conflict. The Energy and Materials sectors outperformed, Financials and Consumer Discretionary lagged. Large-cap stocks underperformed smaller-cap stocks, and Value outperformed Growth. The portfolio outperformed the S&P 500’s -4.3% return but lagged the Russell 1000 Growth Index, which fell 9.8%. In this uncertain environment, the firm remains aware of the risks and emerging investment opportunities. In addition, you can check the Strategy’s top 5 holdings for its best picks for 2026.
In its first-quarter 2026 investor letter, Renaissance Investment Large Cap Growth Strategy highlighted Gartner, Inc. (NYSE:IT). Established in 1979, Gartner, Inc. (NYSE:IT) is a research and advisory company that provides business and technology insights to help businesses make informed decisions. On June 16, 2026, Gartner, Inc. (NYSE:IT) closed at $148.17 per share. One-month return of Gartner, Inc. (NYSE:IT) was -4.67%, and its shares lost 63.78% over the past 52 weeks. Gartner, Inc. (NYSE:IT) has a market capitalization of $9.92 billion.
Renaissance Investment Large Cap Growth Strategy stated the following regarding Gartner, Inc. (NYSE:IT) in its Q1 2026 investor letter:
“We also sold our position in Gartner, Inc. (NYSE:IT) following a deterioration in fundamental factors and several quarters of disappointing operating results. We had previously believed that Gartner would benefit from AI adoption, as enterprises look to Gartner’s expertise in technology to help chart the right path forward. Instead, Gartner has seen demand for its services moderate as companies take time to reevaluate their existing technological roadmaps and contemplate whether AI can replace some of Gartner’s services. We believe it is prudent to move to the sidelines, as these external factors will likely remain challenges for the foreseeable future.”
Gartner, Inc. (NYSE:IT) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. As per our database, 36 hedge fund portfolios held Gartner, Inc. (NYSE:IT) at the end of the first quarter, which was 50 in the previous quarter. While we acknowledge the risk and potential of Gartner, Inc. (NYSE:IT) 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 GARTNER, INC. (NYSE:IT) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered Gartner, Inc. (NYSE:IT) and shared Madison Large Cap Fund’s views on the company. In addition, please check out our hedge fund investor letters Q1 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.
