Macquarie Asset Management released its “Macquarie Large Cap Growth Fund” investor letter for Q2 2025, noting government policy changes and geopolitical events causing market volatility. The Fund’s Institutional Class shares had a 11.24% return, underperforming the Russell 1000 Growth Index at 17.84%. For top picks, check its top five holdings.

In its Q2 2025 letter, Macquarie Large Cap Growth Fund highlighted Waste Connections, Inc. (NYSE:WCN), a waste management company. WCN had a one-month return of -4.51% and closed at $173.97 per share on September 19, 2025, with a market cap of $44.73 billion.

Macquarie Large Cap Growth Fund expressed confidence in Waste Connections, Inc. (NYSE:WCN) despite underperformance, citing no specific event affecting its fundamentals. WCN’s stable performance may have lagged due to market trends, but the Fund remains optimistic about the company’s long-term prospects.

Waste Connections, Inc. (NYSE:WCN) gained popularity among hedge funds, with 43 portfolios holding it by the end of Q2 2025. While WCN shows investment potential, some believe AI stocks offer greater upside with less risk. Consider other options for potential growth in the market.

Read more at Yahoo Finance: Should You Hold Waste Connections (WCN) for the Long Term?