Reported 15 days ago
In its Q3 2025 investor letter, Macquarie Large Cap Growth Fund noted that not owning Tesla (TSLA) contributed to its underperformance relative to the Russell 1000 Growth Index. Despite positive market returns led by AI stocks, the fund lagged behind due to market conditions and missed opportunities, with Tesla's impressive performance noted but ultimately bypassed due to the fund’s quality standards.
Source: YAHOO