ClearBridge Investments released its second-quarter 2025 investor letter, noting a 10.9% return on US equities and a 18.2% rally in the Russell Midcap Growth Index. The strategy outperformed the benchmark, with strong stock selection in IT, industrials, and financials driving performance.
In the same investor letter, ClearBridge Growth Strategy highlighted Robinhood Markets, Inc. (HOOD), a financial services platform, with a one-month return of 11.43% and shares gaining 411.46% over the last 52 weeks. On September 16, 2025, HOOD stock closed at $117.38 per share with a market cap of $104.313 billion.
ClearBridge Growth Strategy reported a significant rise in Robinhood Markets, Inc. (HOOD) shares due to a favorable environment, increased demand for cryptocurrencies, and new product introductions. The strategy took profits and trimmed exposures to high-performing names like Robinhood, Palantir Technologies, Broadcom, and CrowdStrike.
Despite its growth, Robinhood Markets, Inc. (HOOD) is not among the 30 most popular stocks among hedge funds. However, 85 hedge fund portfolios held HOOD at the end of Q2 2025, up from 76 in the previous quarter. HOOD reported $989 million in revenues for Q2 2025, showing a 45% year-over-year growth.
Read more at Yahoo Finance: Here’s What Lifted Robinhood Markets (HOOD) in Q2
