19 hours ago
3
Soumya Eswaran
Wed, June 3, 2026 astatine 9:32 AM CDT 3 min read
The Wasatch Long/Short Alpha Fund, managed by Wasatch Global Advisors, has precocious published its Q1 2026 capitalist letter, which is disposable to download here. A displacement successful capitalist sentiment led to a marketplace correction and accrued volatility successful U.S. small- and mid-cap stocks during the archetypal quarter. Despite this, enthusiasm for AI continued to enactment companies progressive successful infrastructure development. The concern intensified successful the 4th owed to the struggle successful Iran, causing investors to see the imaginable for rising lipid prices and their wider implications connected the planetary economy. In this context, the Russell 2500 Index returned 2.04% successful the quarter, portion the Wasatch Long/Short Alpha Fund—Investor Class surpassed this show with a emergence of 4.16%, supported by the outperformance of its abbreviated positions. In addition, delight cheque the firm’s apical 5 holdings to cognize its champion picks successful 2026.
In its first-quarter 2026 capitalist letter, Wasatch Long/Short Alpha Fund highlighted stocks similar The Ensign Group, Inc. (NASDAQ:ENSG). The Ensign Group, Inc. (NASDAQ:ENSG) is simply a healthcare services institution that provides skilled nursing, elder living, and rehabilitative services. On June 2, 2026, The Ensign Group, Inc. (NASDAQ:ENSG) closed astatine $165.70 per share. One-month instrumentality of The Ensign Group, Inc. (NASDAQ:ENSG) was -9.68%, and its shares gained 9.44% implicit the past 52 weeks. The Ensign Group, Inc. (NASDAQ:ENSG) has a marketplace capitalization of $9.68 billion.
Wasatch Long/Short Alpha Fund stated the pursuing regarding The Ensign Group, Inc. (NASDAQ:ENSG) successful its Q1 2026 capitalist letter:
"Another apical contributor was The Ensign Group, Inc. (NASDAQ:ENSG). Ensign operates skilled nursing and elder surviving facilities. The institution besides acquires and leases wellness attraction existent estate. Ensign’s shares moved higher aft the institution reported beardown fourth-quarter and full-year 2025 results, successful which yearly revenues were up 18.7% from the anterior year. Management besides issued full-year 2026 net and gross guidance that was good received by marketplace participants, and cited year-over-year improvements successful occupancy, skilled nursing days, and Medicare gross successful its same-store and transitioning portfolios. Ensign is simply a longtime Wasatch holding and we proceed to presumption it arsenic 1 of the champion operators successful the health-care sector."
The Ensign Group, Inc. (NASDAQ:ENSG) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 37 hedge money portfolios held The Ensign Group, Inc. (NASDAQ:ENSG) astatine the extremity of the archetypal quarter, up from 35 successful the erstwhile quarter. While we admit the imaginable of The Ensign Group, Inc. (NASDAQ:ENSG) 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.
.png)
English (CA) · 
English (US) · 
Spanish (MX) ·