From Yahoo Finance: 2025-04-08 10:48:00

ClearBridge Investments released its Q1 2025 investor letter, highlighting outperformance against benchmarks due to diversified stock selection and underweight exposure to the Magnificent Seven. The S&P 500 Index declined 4.27%, while the Russell 1000 Growth Index fell 9.97%. Check out the fund’s top five holdings for 2025.

Intercontinental Exchange, Inc. (NYSE:ICE) was emphasized in ClearBridge Large Cap Growth Strategy’s Q1 2025 investor letter. Offering market infrastructure, data services, and technology solutions, ICE saw a one-month return of -8.14% and a 14.50% gain over the last 52 weeks, closing at $154.65 per share on April 7, 2025.

ClearBridge Large Cap Growth Strategy exited positions in Alcon and Intercontinental Exchange, Inc. (NYSE:ICE) to fund new additions. Alcon was bought in 2020 after COVID-19 disruptions, while ICE was sold as the stock re-rated higher due to positive change expectations in housing fundamentals.

Intercontinental Exchange, Inc. (NYSE:ICE) is not among the 30 Most Popular Stocks Among Hedge Funds. While 91 hedge fund portfolios held ICE at the end of Q4, our conviction lies in AI stocks for higher returns within a shorter timeframe. Check out our report on the cheapest AI stock for promising investments.

Read more: ClearBridge Large Cap Growth Strategy Sold Intercontinental Exchange (ICE) as The Stock Re-Rated