Home Latest Articles Summary The London Company Small-Mid Cap portfolio declined 3.4% during the quarter versus a 2.0% increase in the Russell 2500 Index, as both sector exposure and stock selection were headwinds. The fund initiated Cooper Companies, a global medical device company benefiting from high customer switching costs and leading positions in faster-growing specialty lenses that have driven above-market growth. The fund added to its position in CCC Intelligent Solutions Holdings Inc, believing concerns over AI disintermediation are overstated as adoption of AI-enabled products continues to gain traction. TLC sold Trex Company, Inc. after reassessing competitive positioning following James Hardie's acquisition of AZEK, as increased competition may pressure market share and require higher marketing spend.…