- Investor Letter Focused Growth shifted its enterprise-software exposure toward faster-growing AI harness providers, selling Salesforce, trimming CrowdStrike and starting positions in Palantir and Amphenol. The commentary argues that secure software layers connecting frontier models with proprietary enterprise data will capture AI value, while Meta's Muse could open a consumer-agent commerce opportunity. Third Quarter 2026 APH $196BCRM $187BCRWD $248B
One letter so far. We collect each new one as Burke Wealth Management publishes it.
