January Monthly Update for Liberty All-Star Growth Fund
Recently, Liberty All-Star Growth Fund has released significant insights regarding its performance. This update highlights its investment strategies and key holdings, providing investors with valuable information about the fund's current standing and outlook.
Investment Approach and Strategy
The Liberty All-Star Growth Fund, Inc. focuses on an all-cap growth investment strategy. The fund cleverly combines the expertise of three growth style investment managers, each concentrating on different capitalization segments - small, mid, and large-cap. This unique blend helps in catering to a diverse range of investment strategies.
Focused Investment Managers
The fund's structure includes three well-known investment managers:
- Weatherbie Capital, LLC (Small-Cap Growth)
- Congress Asset Management Company, LLP (Mid-Cap Growth)
- Westfield Capital Management Company, L.P. (Large-Cap Growth)
Analyzing the Top 20 Holdings
As of the end of January 2025, the top holdings in the Liberty All-Star Growth Fund made up a considerable portion of the equity portfolio. Understanding these holdings can provide insight into the fund's performance and areas of focus:
- Amazon.com, Inc. - 3.2%
- NVIDIA Corp. - 3.2%
- Alphabet, Inc. - 2.7%
- Apple, Inc. - 2.7%
- Microsoft Corp. - 2.6%
- Meta Platforms, Inc. - 2.2%
- SPS Commerce, Inc. - 2.0%
- Upstart Holdings, Inc. - 2.0%
- Ollie's Bargain Outlet Holdings, Inc. - 1.9%
- FirstService Corp. - 1.9%
- Semtech Corp. - 1.8%
- Hamilton Lane, Inc. - 1.7%
- Natera, Inc. - 1.6%
- Casella Waste Systems, Inc. - 1.6%
- StepStone Group, Inc. - 1.6%
- Visa, Inc. - 1.5%
- Dexcom, Inc. - 1.3%
- Tandem Diabetes Care, Inc. - 1.3%
- TransDigm Group, Inc. - 1.1%
- Raymond James Financial, Inc. - 1.1%
These holdings reflect the diversification strategy of the fund, enabling it to leverage different market segments for higher returns.
Performance Metrics for January 2025
The fund's performance metrics are essential for existing and potential investors. For January 2025, the metrics include:
- Beginning of Month NAV: $6.10
- End of Month NAV: $6.19
- Market Price: $5.65
- Discount: -7.4%
- Monthly Performance: 3.61%
- Performance Year-to-Date: 3.61%
This substantial revision in the NAV indicates overall positive momentum for the fund, comforting for its stakeholders.
Sector Breakdown of Investments
The fund's investments are further categorized into various sectors, as follows:
- Information Technology: 28.8%
- Industrials: 17.2%
- Health Care: 16.7%
- Financials: 13.4%
- Consumer Discretionary: 10.2%
- Communication Services: 6.5%
- Consumer Staples: 3.8%
- Real Estate: 1.9%
- Materials: 0.8%
- Energy: 0.7%
Recent Changes in Holdings
The fund has made notable changes to its portfolio, including the introduction of new holdings and liquidations of existing ones.
New Holdings
This month, the fund added several significant positions:
- CyberArk Software, Ltd.
- Houlihan Lokey, Inc.
- Jabil, Inc.
- Texas Roadhouse, Inc.
- Trade Desk, Inc.
Liquidated Holdings
The following positions were liquidated:
- Chipotle Mexican Grill, Inc.
- Church & Dwight Co., Inc.
- FactSet Research Systems, Inc.
- Qualys, Inc.
- Take-Two Interactive Software, Inc.
Conclusion
Overall, the Liberty All-Star Growth Fund is actively managed, with various strategic investments aimed at capitalizing on growth opportunities across sectors. Investors should closely track these updates to make informed decisions regarding their investments in fund ASG.
Frequently Asked Questions
What is the main investment strategy of Liberty All-Star Growth Fund?
The fund combines three different growth style investment managers focusing on small, mid, and large-cap stocks.
Who are the investment managers for this fund?
The fund is managed by Weatherbie Capital for small-cap growth, Congress Asset Management for mid-cap growth, and Westfield Capital for large-cap growth.
What are the fund's top holdings?
Some of the top holdings include Amazon, NVIDIA, and Alphabet.
What was the monthly performance in January 2025?
In January 2025, the fund achieved a performance of 3.61%.
How is the fund's NAV compared to the market price?
At the end of January, the NAV was $6.19 while the market price was $5.65, indicating a discount.
