Weitz Investment Management maintains its position in IR after a -12.04% Q1 return, citing long-term growth potential amid market challenges.
Weitz Investment Management’s Large Cap Equity Fund reported a -12.04% return in Q1 2026, underperforming the Bloomberg U.S. 1000 Index’s -4.22%. The fund remains optimistic about its holdings, including Ingersoll Rand Inc. (NYSE:IR), despite recent declines.
Ingersoll Rand closed at $73.21 on May 12, 2026, with a -12.21% one-month return and a -12.05% drop over the past year. The company’s market capitalization stands at $28.65 billion. The fund plans to reshape its portfolio and may increase cash levels in response to market conditions.
Weitz emphasized its focus on long-term value, though near-term performance has lagged. The fund’s top holdings, including IR, reflect its strategy to prioritize growth potential amid volatility.