Letters by company
ICON Public Limited Company
8 letters discussing ICLR. Everything written about it on this site is on its ticker page.
- The London Company Market Observations & Portfolio Commentary International Equity – 2Q2026 vs MSCI EAFE The International Equity portfolio retained its quality-and-valuation discipline amid volatile markets, arguing that durable cash flows, pricing power and strong balance sheets should benefit as financial conditions tighten. It exited Burford Capital after its Argentina appeal loss, added to RELX and Willis Towers Watson, and maintained conviction in Taiwan Semiconductor, ICON, InterContinental Hotels, Nintendo and BAE Systems. 2Q2026 BAESY $72BICLR $13BIHG $24B
- Cambiar Investors Cambiar International Equity Fund Commentary Cambiar International Equity Fund lagged its benchmark as an underweight technology allocation missed an AI-driven semiconductor rally, while patient holdings in Nintendo, Coloplast and MonotaRo hurt shorter-term results. The team added Canadian National Railway and MTU Aero Engines, sold Barry Callebaut, Icon and UCB, and maintained a diversified, valuation-conscious approach with greater Industrials exposure. 2Q 2026 CNI $72BICLR $13BLDNXF $52B
- GreensKeeper Asset Management Scorecard #54 – Value in Action GreensKeeper materially increased ICON after concluding that accounting restatements would not impair its cash generation or customer relationships. The fund retained its positions through concerns over Intercontinental Exchange’s competitive risks and Lockheed Martin’s execution issues, arguing both retain durable long-term earnings power. Q2 2026 CFRHF $122BELV $88BGOOGL $4.2T
- White Brook Capital First Quarter 2026 Commentary White Brook Capital bought S&P Global during an AI-related sell-off and added ICON after its revenue-recognition inquiry, arguing both prices discount durable franchises. It expects Perma-Fix’s Hanford ramp, Sanara’s hospital penetration, and Rapid Micro’s follow-on orders and vendor savings to drive upside, while warning that oil, inflation and AI uncertainty complicate the outlook. First Quarter 2026 ICLR $13BPESI $328MRPID $48M
- Sequoia Fund Q2 2026 Sequoia Fund Letter Sequoia Fund added to Bio-Techne, SAP and ICON Plc, initiated an undisclosed position, and funded purchases by trimming Sunbelt Rentals and Elevance Health while exiting Amentum Holdings, Liberty Broadband and Credit Acceptance. The fund is preparing to reorganize into an actively managed ETF in mid-October, subject to shareholder approval. second quarter of 2026 —
- Lyrical Asset Management 2025 Global Impact Value Equity Strategy (GIVES) Review GIVES attributed its year to earnings growth across undervalued holdings, while avoiding mega-cap growth stocks and crowded sustainability names. The strategy pressed Wesco to measure and disclose Scope 3 emissions, and expects valuation gaps between value stocks, smaller companies and mega-caps to narrow over time. 2025 6091 $77MAPTV $9.2B
- Sequoia Fund Annual Shareholder Report | December 31, 2025 Sequoia Fund trimmed several holdings on valuation, position-size and opportunity grounds, added to Ashtead Group, exited Jacobs Solutions and opened positions in MSA Safety, Accenture and Align Technology. Rolls-Royce, Alphabet, Taiwan Semiconductor Manufacturing, Eurofins Scientific and Charles Schwab led contributors, while Constellation Software and UnitedHealth Group were among detractors. year ended December 31, 2025 —
- Sequoia Fund Q2 2025 Sequoia Fund Letter Sequoia Fund added to ICON and Universal Music Group while trimming Credit Acceptance, Liberty Broadband, Jacobs, Meta and UnitedHealth. The sales funded new investments that will be disclosed after purchases are complete. second quarter of 2025 —
