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 stocks like Universal Technical Institute, Inc. (NYSE:UTI).