The ClearBridge Small Cap Growth Fund beat the Russell 2000 Growth Index during the first quarter of 2026. Strong stock selection in industrials and consumer staples drove the result. The fund added eight new holdings during the period.
The ClearBridge Small Cap Growth Fund outperformed its benchmark in Q1 2026. The Russell 2000 Growth Index fell 2.8 percent over the same stretch.
RBC Bearings stood out for its profitability gains and revenue tied to aerospace, defense, and industrial markets. Lattice Semiconductor also contributed after sentiment improved around its cyclical businesses and its expanding role in AI servers and robotics.
Top positive contributors included XPO and Bloom Energy. Detractors were Klaviyo, Wingstop, and ICON.
The fund made eight new investments in the quarter. The additions were Charles River Laboratories, Ensign Group, Glaukos, and Madrigal Pharmaceuticals.