Macquarie Asset Management released its investor letter for the third quarter of 2025, reporting record gains in equity indexes with AI-themed stocks leading. The fund delivered positive returns but lagged behind the Russell 1000 Growth Index due to market conditions and missteps. Check out its top five holdings for more information.

Equinix, Inc. (NASDAQ:EQIX) was highlighted in the Macquarie Large Cap Growth Fund’s investor letter, showing a one-month return of 4.96%. The company’s shares have lost 7.13% over the last 52 weeks, closing at $817.42 per share on October 14, 2025, with a market capitalization of $79.996 billion.

Macquarie Large Cap Growth Fund eliminated Equinix, Inc. (NASDAQ:EQIX) from its portfolio, citing the company’s inability to monetize assets in new locations as expected. Despite unique assets in critical urban areas, Equinix did not meet performance expectations, signaling a potential future opportunity to own the stock.

Equinix, Inc. (NASDAQ:EQIX) is not among the 30 most popular stocks among hedge funds, with 66 portfolios holding the company at the end of the second quarter. Equinix reported revenues of $2.26 billion in Q2 2025, a 5% increase year-over-year. While promising, some AI stocks offer greater potential with less risk.

In another article, Equinix, Inc. (NASDAQ:EQIX) was highlighted among the best real estate stocks to invest in. Check out our hedge fund investor letters Q3 2025 page for more insights from leading investors.

Read more at Yahoo Finance: Here’s Why Macquarie Large Cap Growth Fund Sold Equinix (EQIX) in Q3