TCW Concentrated Large Cap Growth Fund added KLA to its portfolio amid strong AI-driven semiconductor demand in Q2 2026.
KLA Corporation (KLAC) was added to TCW Concentrated Large Cap Growth Fund’s holdings in Q2 2026, reflecting confidence in semiconductor equipment demand. The stock closed at $208.25 on August 12, valuing the company at $272.08 billion.
The fund’s Q2 performance lagged benchmarks, rising 14.45% versus the Russell 1000 Growth Index’s 16.74% and the S&P 500’s 15.20%. AI capital spending and resilient corporate earnings drove major indices to record highs by early June.
Healthcare and financials weighed on relative returns, while IT and consumer discretionary holdings boosted performance. KLA’s inclusion signals optimism in semiconductor complexity and AI-driven growth.