SGA U.S. Large Cap Growth Exited Its Position in Workday (WDAY)

2 hours ago 2

Soumya Eswaran

Fri, January 2, 2026 astatine 6:28 AM CST 3 min read

Sustainable Growth Advisers (SGA), an concern absorption company, released its third-quarter capitalist missive for its “U.S. Large Cap Growth Strategy.” A transcript of the missive tin beryllium downloaded here. The portfolio returned -1.3% (Gross) and -1.4% (Net) successful the 3rd quarter, compared to a 10.5% instrumentality for the Russell 1000 Growth Index and an 8.1% instrumentality for the S&P 500 Index. SGA’s concern nonsubjective is to put successful high-quality maturation businesses expected to execute accordant mid-teens net growth, accompanied by unchangeable gross and currency flow. However, successful Q3, the marketplace enactment was adverse for SGA’s concern benignant arsenic lower-quality stocks and cyclical industries outperformed. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its third-quarter 2025 capitalist letter, the SGA U.S. Large Cap Growth Strategy highlighted stocks specified arsenic Workday, Inc. (NASDAQ:WDAY). Workday, Inc. (NASDAQ:WDAY) is simply a exertion institution that offers endeavor unreality applications. The one-month instrumentality of Workday, Inc. (NASDAQ:WDAY) was -0.85%, and its shares mislaid 14.72% of their worth implicit the past 52 weeks. On December 31, 2025, Workday, Inc. (NASDAQ:WDAY) banal closed astatine $214.78 per share, with a marketplace capitalization of $57.346 billion.

SGA U.S. Large Cap Growth Strategy stated the pursuing regarding Workday, Inc. (NASDAQ:WDAY) successful its 3rd 4th 2025 capitalist letter:

"We liquidated our presumption in Workday, Inc. (NASDAQ:WDAY) owed to forced attrition arsenic signs of a deteriorating competitory situation became clear. While Workday has maintained yearly gross guidance for the year, the institution has guided to slower gross maturation going forward. We judge this indicates mounting unit from rivals, particularly with SAP’s renewed momentum successful the space. Our caller interactions with transmission partners corroborated that an SAP renaissance is underway, making it progressively hard for Workday to bushed and rise estimates. Although determination are positives, specified arsenic ongoing borderline enlargement and beardown AI merchandise traction, we decided to exit our presumption and reallocated the proceeds to companies with higher maturation prospects."

Workday (WDAY) Debuts AI Toolset to Customize and Connect AI Apps and Agents connected the Workday Platform

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