Insights
“We are operating the portfolio with the mindset that AI creates value but delivering that value will require years of infrastructure buildout to support it.”
Each quarter, Chris Armbruster, CFA Portfolio Manager and Senior Research Analyst, provides an update on the performance of the Large Cap Growth strategy and shares his market outlook. Listen to his most recent episode where Chris recaps market activity during 2Q 2026.
Key Insights and Trends
- The current AI innovation cycle is unusual in that disruption is coming from the top, with many of the world’s largest companies investing heavily to accelerate adoption and innovation
- The portfolio underwent meaningful repositioning, including adding six new holdings and increasing exposure to information technology
- Relative performance reflected the strategy’s exposure to businesses with underappreciated growth opportunities tied to the current technology and AI-driven environment
- Portfolio positioning reflects the view that AI infrastructure investment and adoption may continue to create opportunities across large-cap companies with underappreciated growth potential
Stay Informed with Our Latest Insights
For more insights, read our 2Q 2026 Market Review Commentary or subscribe to KayneCast where we provide the latest updates from the KAR Investment Team on our investment strategies.
Kaynecast is available on Apple Podcasts and Spotify.
This information is being provided by Kayne Anderson Rudnick Investment Management, LLC (“KAR”) for illustrative purposes only. Information contained in this material is not intended by KAR to be interpreted as investment advice, a recommendation or solicitation to purchase securities, or a recommendation of a particular course of action and has not been updated since the date of the material, and KAR does not undertake to update the information presented should it change. This information is based on KAR’s opinions at the time of the recording of this material and are subject to change based on market activity. There is no guarantee that any forecasts made will come to pass. KAR makes no warranty as to the accuracy or reliability of the information contained herein. Past performance is no guarantee of future results.
