Latham Group (SWIM) Retrenched with Housing Peers

2 days ago 6

Soumya Eswaran

Tue, June 2, 2026 astatine 8:22 AM CDT 2 min read

US-based concern company, McIntyre Partnerships, returned -19% gross and -20% nett successful the archetypal 4th of 2026 compared to the Russell 2000 Value Index’s 5% return. A transcript of the missive tin be downloaded here. Since inception, the money has returned ~14% gross and ~10% nett per annum, surpassing the benchmark’s instrumentality of ~7% per annum. The Q1 results were disappointing for the fund, chiefly owed to a important diminution successful the shares of beingness subject tools and aesculapian instrumentality stocks, successful which the money has important investments, arsenic good arsenic circumstantial issues related to QDEL, a institution successful the beingness subject tools sector. By the extremity of the month, the fund’s vulnerability was recorded astatine 123% long, 27% short, and 97% net. In addition, you tin cheque the Strategy’s apical 5 holdings to find its champion picks for 2026.

In its first-quarter 2026 capitalist letter, McIntyre Partnerships highlighted stocks similar Latham Group, Inc. (NASDAQ:SWIM). Latham Group, Inc. (NASDAQ:SWIM) is an in-ground residential swimming excavation shaper operating crossed North America, Australia, and New Zealand. On June 1, 2026, Latham Group, Inc. (NASDAQ:SWIM) closed astatine $5.32 per share. One-month instrumentality of Latham Group, Inc. (NASDAQ:SWIM) was -9.22%, and its shares mislaid 12.79% implicit the past 52 weeks. Latham Group, Inc. (NASDAQ:SWIM) has a marketplace capitalization of $624.63 million.

McIntyre Partnerships stated the pursuing regarding Latham Group, Inc. (NASDAQ:SWIM) successful its Q1 2026 capitalist letter:

"In the losers column, FTRE, SHC, Latham Group, Inc. (NASDAQ:SWIM), and STHO mislaid 100-500bps, and QDEL mislaid implicit 500bps. SWIM retrenched with different housing-related equities arsenic the Iran warfare caused lipid prices to surge, which dims the outlook for further complaint cuts. "

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Latham Group, Inc. (NASDAQ:SWIM) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 23 hedge money portfolios held Latham Group, Inc. (NASDAQ:SWIM) astatine the extremity of the archetypal quarter, compared to 27 successful the erstwhile quarter. While we admit the imaginable of Latham Group, Inc. (NASDAQ:SWIM) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

In another article, we covered Latham Group, Inc. (NASDAQ:SWIM) and shared the database of astir promising small-cap concern stocks nether $30. In addition, delight cheque retired our hedge money capitalist letters Q1 2026 page for much capitalist letters from hedge funds and different starring investors.

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