Wasatch Global Investors, an asset management company, released its “Micro Cap Fund” Q1 2026 investor letter. A copy of the letter can be downloaded here. The Wasatch Micro-Cap Fund—Investor Class fell 3.11% in Q1 2026 but outperformed the Russell Microcap Growth benchmark, which declined 4.25%. Sectors like industrials, consumer discretionary, and financials contributed positively to the fund’s performance, while information technology detracted. The US-Iran conflict and concerns about AI disruption led to market volatility in the quarter. The fund maintains a balanced risk portfolio, with strong fundamentals positioning it for long-term growth. In addition, you can check the Fund’s top 5 holdings for its best picks for 2026.
In its first-quarter 2026 investor letter, Wasatch Micro-Cap Fund highlighted Willdan Group, Inc. (NASDAQ:WLDN). Willdan Group, Inc. (NASDAQ:WLDN) is a leading consulting and technical services company that operates through engineering, program management, policy advisory, and software and data analytics. On June 18, 2026, Willdan Group, Inc. (NASDAQ:WLDN) closed at $89.00 per share. One-month return of Willdan Group, Inc. (NASDAQ:WLDN) was -4.86%, and its shares gained 54.07% over the past 52 weeks. Willdan Group, Inc. (NASDAQ:WLDN) has a market capitalization of $1.35 billion.
Wasatch Micro-Cap Fund stated the following regarding Willdan Group, Inc. (NASDAQ:WLDN) in its Q1 2026 investor letter:
“Willdan Group, Inc. (NASDAQ:WLDN) provides consulting, engineering and technical services to public and commercial clients in the infrastructure- and energy-services spaces. While Willdan released solid quarterly earnings results, forward guidance was a little lower than expected and investors appeared to use that as an excuse to realize gains after the stock’s recent strong performance. We continue to view Willdan as positioned to experience strong long term growth as utilities and commercial clients seek its expertise in designing and implementing projects that will help conserve energy. The market for its services should only increase as AI initiatives drive ever greater demand for power.”
Willdan Group, Inc. (NASDAQ:WLDN) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 31 hedge fund portfolios held Willdan Group, Inc. (NASDAQ:WLDN) at the end of the first quarter, up from 30 in the previous quarter. While we acknowledge the risk and potential of Willdan Group, Inc. (NASDAQ:WLDN) 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 WILLDAN GROUP, INC. (NASDAQ:WLDN) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered Willdan Group, Inc. (NASDAQ:WLDN) and shared the list of best small cap data center stocks to buy. 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.
