Buckley Capital, an investment management company, released its first quarter 2026 investor letter.
A copy of the letter can be downloaded here
The first quarter of 2026 presented some difficulties for small and mid-cap equities. However, the Fund observed a notable performance improvement in April, with the portfolio rising approximately 13.8% net month-to-date and 8.6% net year-to-date, showcasing robust underlying performance in several of its core positions as fundamentals started to take hold. This strong performance trend has continued into May.
This letter reflects the firm’s strategy of investing in high-quality companies trading at significantly discounted valuations. In addition, please check the firm’s top five holdings to know its best picks in 2026. In its first-quarter 2026 investor letter, Buckley Capital highlighted stocks like Acadia Healthcare Company, Inc. (NASDAQ:ACHC).