Brown Advisory’s Large-Cap Growth Strategy trailed the Russell 1000 Growth Index but saw improved relative performance in Q1 2026.
Generac Holdings Inc. (NYSE:GNRC) contributed positively to Brown Advisory’s Large-Cap Growth Strategy in Q1 2026, as Industrials and Consumer Discretionary sectors offset declines in Information Technology and Health Care. The strategy posted negative absolute returns but outperformed in a down market, reflecting strong holdings quality.
The Russell 1000 Growth Index served as the benchmark, with initial underperformance tied to software sector weakness amid AI disruption concerns. Relative performance improved as the quarter progressed, signaling broadening market leadership.
Brown Advisory emphasized maintaining a diversified portfolio of high-quality growth companies for long-term results, highlighting Generac as a key holding.