Oil and Energy Dominate Q3

Oil and Energy Dominate Q3

Small Mid Cap Core Review of the Third Quarter of 2023 | KayneCast 234

October 18, 2023

“Not surprisingly investors turned towards higher quality assets with the third quarter’s performance of the Russell 2500 Index driven by companies with better earnings’ quality, stronger balance sheets, and higher returns on equity.”

Each quarter, Julie Kutasov, Portfolio Manager and Senior Research Analyst provides an update on the performance of the Small-Mid Cap strategy and shares her market outlook.  Listen to her most recent episode where Julie recaps market activity during Q3 2023, focusing on these areas:

  • How small-mid cap stocks fared over the quarter given the pullback in the market
  • Primary contributors and detractors to small-mid cap performance
  • Key economic concerns and portfolio positioning

For more insights, read our Q3 2023 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.

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