Rewey Asset Management, an investment management firm, released its “RAM Smid Composite” investor letter for the second quarter of 2026. A copy of the letter can be downloaded here. Rewey Asset Management, an investment management firm, released its “RAM Smid Composite” investor letter for the second quarter of 2026. RAM Smid Composite gained 20.06% in the second quarter of 2026, outperforming the Russell 2500 Value Total Return Index’s 18.50% return, while year to date performance reached 31.15% versus 24.16% for the benchmark. The firm views the Russell 2500 Value’s outperformance of the S&P 500’s 15.20% and the Magnificent 7’s 11.7% gains as evidence of a continued rotation toward undervalued small and smid cap stocks. Economic growth moderated after first quarter GDP was revised. Capital markets remained strong, with IPOs raising $104 billion across 48 deals. In addition, please check the Composite’s top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Rewey Asset Management highlighted Vontier Corporation (NYSE:VNT). Vontier Corporation (NYSE:VNT) is a technology company that provides mobility ecosystem solutions worldwide. On July 22, 2026, Vontier Corporation (NYSE:VNT) closed at $30.19 per share. One-month return of Vontier Corporation (NYSE:VNT) was -0.93% and its shares gained -23.3% over the past 52 weeks. Vontier Corporation (NYSE:VNT) has a market capitalization of $4.25 billion and 52 week range between $27.25 – $48.20.
Rewey Asset Management stated the following regarding Vontier Corporation (NYSE:VNT) in its Q2 2026 investor letter:
“We initiated a position in Vontier Corp. (NYSE: VNT), a $4.2 billion industrial technology company that provides fueling equipment, payment systems, and automotive repair tools. Although Vontier became an independent company only after its 2020 spin-off from Fortive (itself spun from Danaher in 2016), its portfolio includes well-established brands such as Gilbarco Veeder-Root and Matco.
At quarter-end, VNT shares were trading at $29.00, well below their February high of $42.10. Shares fell sharply following 1Q26 results, despite earnings and revenues meeting expectations. We believe investors overreacted to a modest reduction in revenue guidance, which was driven by the announced divestiture of the Teletrac Navman business, while full-year EPS guidance remained unchanged. In our view, this weakness created an attractive opportunity to invest in a high-quality industrial company that continues to benefit from the disciplined productivity and capital allocation framework of the Danaher Business System, generates strong free cash flow, has significantly reduced its leverage, and is deploying capital aggressively through share repurchases…” (Click here to read the full text)
Vontier Corporation (NYSE:VNT) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 30 hedge fund portfolios held Vontier Corporation (NYSE:VNT) at the end of the first quarter which was 29 in the previous quarter. While we acknowledge the risk and potential of Vontier Corporation (NYSE:VNT) 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 Vontier Corporation (NYSE:VNT) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered Vontier Corporation (NYSE:VNT) and shared Palm Valley Capital Management’s insights on the company. 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.
