ClearBridge Investments released its third-quarter 2025 investor letter, noting strong equity performance with the S&P 500 up 8.1% and Nasdaq up 11.2%. The strategy slightly underperformed the benchmark due to underexposure to AI winners and holding some AI losers. Check the fund’s top five holdings for insights into its 2025 picks.

Workday, Inc. (NASDAQ:WDAY) was highlighted in the ClearBridge Large Cap Growth Strategy investor letter for its one-month return of 2.18% and market capitalization of $63.14 billion. The company offers enterprise cloud applications and closed at $236.48 per share on October 3, 2025.

ClearBridge Large Cap Growth Strategy exited positions in Workday, Inc. (NASDAQ:WDAY) and Accenture due to decelerating growth and AI risks. Workday’s core organic growth has slowed, particularly in human capital management, lacking a comprehensive suite of AI tools for pricing and growth opportunities.

Workday, Inc. (NASDAQ:WDAY) is not among the 30 most popular stocks among hedge funds. While the company reported 13% revenue growth in the second quarter of 2026, some AI stocks offer greater upside potential with less downside risk. Explore our free report for insights on the best short-term AI stock.

Read more at Yahoo Finance: Here’s Why ClearBridge Large Cap Growth Strategy Exited Its Position in Workday (WDAY)