NZS Capital, LLC, an funding administration firm, launched its “NZS Progress Fairness Technique” second-quarter 2026 investor letter. A duplicate of the letter will be downloaded right here. Fairness markets delivered a robust efficiency within the second quarter of 2026, pushed by demand for AI infrastructure, geopolitical stabilization, and optimistic earnings stories. The portfolio achieved a gross return of +24.96% and a internet return of +24.76%, considerably outperforming the +14.79% return for the Morningstar World Goal Market Publicity Index. Obese in Semiconductors, inventory choice in areas like Software program and Industrials, and nil publicity to Vitality contributed to the Technique’s outperformance within the quarter. As well as, please verify the Technique’s prime 5 holdings to know its finest picks in 2026.
In its Q2 2026 investor letter, NZS Progress Fairness Technique highlighted Intuitive Surgical, Inc. (NASDAQ:ISRG). Intuitive Surgical, Inc. (NASDAQ:ISRG) is a frontrunner in robotic-assisted surgical procedure that develops, manufactures, and markets merchandise for bettering the standard of and entry to minimally invasive care. On July 20, 2026, Intuitive Surgical, Inc. (NASDAQ:ISRG) closed at $353.17 per share. One-month return of Intuitive Surgical, Inc. (NASDAQ:ISRG) was -10.55%, and its shares misplaced 29.42% over the previous 52 weeks. Intuitive Surgical, Inc. (NASDAQ:ISRG) has a market capitalization of $125.08 billion.
NZS Progress Fairness Technique acknowledged the next relating to Intuitive Surgical, Inc. (NASDAQ:ISRG) in its Q2 2026 investor replace:
“Solely Actual Property and Healthcare contributed negatively to absolute returns, however Supplies and Financials lagged. Intuitive Surgical, Inc. (NASDAQ:ISRG) was the highest particular person detractor to absolute returns within the quarter. Whereas fundamentals stay strong for Intuitive Surgical, the inventory’s a number of has not been immune from the broad de-rating in “high quality progress” shares we have seen outdoors of the AI ecosystem.”
Intuitive Surgical, Inc. (NASDAQ:ISRG) just isn’t on our listing of 40 Most Fashionable Shares Amongst Hedge Funds Heading Into 2026. In response to our database, 103 hedge fund portfolios held Intuitive Surgical, Inc. (NASDAQ:ISRG) on the finish of the primary quarter, in comparison with 109 within the earlier quarter. Whereas we acknowledge the potential of Intuitive Surgical, Inc. (NASDAQ:ISRG) as an funding, we imagine sure AI shares provide higher upside potential and carry much less draw back threat. Should you’re in search of a particularly undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring pattern, see our free report on the finest short-term AI inventory.
