Chartwell Investment Partners, LLC, an affiliate of�Carillon Tower Advisers, Inc., released the �Carillon Chartwell Mid Cap Value Fund� third quarter 2023 investor letter. A copy of the same can be�downloaded here. Equities rose early in the quarter on the...
Chartwell Investment Partners, LLC, an affiliate of�Carillon Tower Advisers, Inc., released the �Carillon Chartwell Mid Cap Value Fund� third quarter 2023 investor letter. A copy of the same can be�downloaded here. Equities rose early in the quarter on the back of a broader appetite for risk, however, they eventually fell when interest rates crossed 4%. Value and growth stocks performed similarly in the market�s large- and mid-cap categories. On the other hand, value stocks proved to be more defensive in the small-cap group. The Russell Midcap Value Index fell 4.5%, with only the energy and financials sectors seeing gains. Healthcare, communication services, and consumer staples detracted. In addition, please check the fund�s top five holdings to know its best picks in 2023.
Carillon Chartwell Mid Cap Value Fund highlighted stocks like DXC Technology Company (NYSE:DXC) in the Q3 2023 investor letter. Headquartered in Ashburn, Virginia, DXC Technology Company (NYSE:DXC) is an information technology company that operates through Global Business Services (GBS) and Global Infrastructure Services (GIS) segments. On December 22, 2023, DXC Technology Company (NYSE:DXC) stock closed at $22.82 per share. One-month return of DXC Technology Company (NYSE:DXC) was -1.08%, and its shares lost 13.98% of their value over the last 52 weeks. DXC Technology Company (NYSE:DXC) has a market capitalization of $4.419 billion.
Carillon Chartwell Mid Cap Value Fund made the following comment about DXC Technology Company (NYSE:DXC) in its Q3 2023 investor letter:
�The Russell Midcap Value Index declined 4.5%, with only the energy and financials sectors generating positive returns. The healthcare, communication services, and consumer staples sectors were the weakest. DXC Technology Company (NYSE:DXC) provides a broad range of information technology services to enterprises. Revenue and booking declines caused concerns about the company�s competitive positioning.�
A close up view of a person�s hands typing on a computer keyboard, emphasizing internet-based information technology services.
DXC Technology Company (NYSE:DXC) is not on our list of�30 Most Popular Stocks Among Hedge Funds. As per our database, 22 hedge fund portfolios held DXC Technology Company (NYSE:DXC) at the end of third quarter which was 25 in the previous quarter.
We discussed DXC Technology Company (NYSE:DXC) in�another article and shared Meridian Funds views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q3 2023�page for more investor letters from hedge funds and other leading investors.
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