Carillon Tower Advisers, an investment management company, released its first-quarter 2026 investor letter for the “Carillon Eagle Small Cap Growth Fund”. A copy of the letter can be downloaded here. Small-cap stocks delivered mixed results in the quarter as the market favored value stocks over growth. The Russell 2000 Growth Index fell 2.82% in the quarter, while the Russell 2000® Value Index increased 4.96%. The first quarter saw equity market volatility due to Iran strikes, boosting energy prices. The firm is optimistic that the turbulence in the market will be short-lived, with improved valuations and potential positive developments from de-escalation in the Middle East. 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 Small Cap Growth Fund highlighted Solstice Advanced Materials, Inc. (NASDAQ:SOLS). Solstice Advanced Materials, Inc. (NASDAQ:SOLS) is a specialty chemicals and advanced materials company that operates in Refrigerants & Applied Solutions (RAS) and Electronic & Specialty Materials (ESM) segments. On June 24, 2026, Solstice Advanced Materials, Inc. (NASDAQ:SOLS) closed at $86.66 per share. One-month return of Solstice Advanced Materials, Inc. (NASDAQ:SOLS) was 2.47%, and YTD its shares gained 78.39%. Solstice Advanced Materials, Inc. (NASDAQ:SOLS) has a market capitalization of $13.76 billion.
Carillon Eagle Small Cap Growth Fund stated the following regarding Solstice Advanced Materials, Inc. (NASDAQ:SOLS) in its Q1 2026 investor letter:
“Solstice Advanced Materials, Inc. (NASDAQ:SOLS), a diversified global advanced materials provider, performed well as it continued to establish its standalone investment case following its recent spin off from a larger industrial conglomerate. Management has effectively highlighted several underappreciated secular growth drivers that were previously overlooked by investors of the prior parent company. The company is seeing accelerating momentum in key strategic areas, including uranium conversion services, where it is the sole US provider at utility scale. Strengthening demand visibility has extended well into the future, prompting Solstice to announce capacity expansion initiatives to support sustained growth.”
Solstice Advanced Materials, Inc. (NASDAQ:SOLS) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 57 hedge fund portfolios held Solstice Advanced Materials, Inc. (NASDAQ:SOLS) at the end of the first quarter, up from 56 in the previous quarter. While we acknowledge the risk and potential of Solstice Advanced Materials, Inc. (NASDAQ:SOLS) 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 Solstice Advanced Materials, Inc. (NASDAQ:SOLS) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered Solstice Advanced Materials, Inc. (NASDAQ:SOLS) and shared the list of best IPO stocks to buy and hold for 2 years. 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.
