Carillon Tower Advisers, an investment management company, released its first-quarter 2026 investor letter for the “Carillon Eagle Mid Cap Growth Fund”. A copy of the letter can be downloaded here. Mid-cap stocks delivered mixed results in the first quarter, and value notably outperformed growth. The Russell Midcap® Growth Index (down 6.35%) lagged behind the Russell Midcap® Value Index (up 3.69%). The notable contributing sector was energy, returning 45.23%, outperforming other sectors in the growth index and its value peers. The first quarter was volatile for equity markets, but investors were optimistic. However, military strikes on Iran caused energy prices to rise, creating uncertainty among investors. Despite this turbulence, with improved valuations and potential positive developments from de-escalation in the Middle East, the firm is optimistic that the current market fluctuations will be short-lived. In addition, please check the Fund’s top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted stocks like Roblox Corporation (NYSE:RBLX). Roblox Corporation (NYSE:RBLX) is an online gaming and virtual experience platform, supported by AI-driven innovation and infrastructure advantages. On April 20, 2026, Roblox Corporation (NYSE:RBLX) stock closed at $61.83 per share. One-month return of Roblox Corporation (NYSE:RBLX) was 12.42%, and its shares lost 0.51% over the past 52 weeks. Roblox Corporation (NYSE:RBLX) has a market capitalization of $44.26 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Roblox Corporation (NYSE:RBLX) in its Q1 2026 investor letter:
“Roblox Corporation (NYSE:RBLX) provides an online gaming platform for children, teens and, increasingly, adults. After a very strong 2025 when some new games became major viral hits, investors have become concerned about the lack of similar enthusiasm for new games. Furthermore, the growing concern globally around the use of social media and games aimed at younger audiences has also weighed on sentiment, although we have not seen any changes in user behavior thus far. We remain positive on the company given its massive base of engaged users, cash flow generation, and the potential for new gaming hits to reaccelerate growth.”
Roblox Corporation (NYSE:RBLX) is not on our list of 40 Most Popular Stocks Among Hedge Funds. According to our database, 84 hedge fund portfolios held Roblox Corporation (NYSE:RBLX) at the end of the fourth quarter, compared to 90 in the previous quarter. While we acknowledge the risk and potential of Roblox Corporation (NYSE:RBLX) 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 Roblox Corporation (NYSE:RBLX) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered Roblox Corporation (NYSE:RBLX) and shared Brown Advisory Mid-Cap Growth Strategy’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.
