Latham Group (SWIM) Retrenched with Housing Peers
Key takeaways
- Since inception, the fund has returned ~14% gross and ~10% net per annum, surpassing the benchmark’s return of ~7% per annum.
- In its first-quarter 2026 investor letter, McIntyre Partnerships highlighted stocks like Latham Group, Inc.
- McIntyre Partnerships stated the following regarding Latham Group, Inc.
Latham Group (SWIM) Retrenched with Housing Peers Soumya Eswaran Tue, June 2, 2026 at 8:22 PM GMT+7 2 min read MSTR SWIM ^RUT US-based investment company, Mc Intyre Partnerships, returned -19% gross and -20% net in the first quarter of 2026 compared to the Russell 2000 Value Index’s 5% return. A copy of the letter can be downloaded here. Since inception, the fund has returned ~14% gross and ~10% net per annum, surpassing the benchmark’s return of ~7% per annum. The Q1 results were disappointing for the fund, primarily due to a significant decline in the shares of life science tools and medical device stocks, in which the fund has substantial investments, as well as specific issues related to QDEL, a company in the life science tools sector. By the end of the month, the fund’s exposure was recorded at 123% long, 27% short, and 97% net. In addition, you can check the Strategy’s top 5 holdings to determine its best picks for 2026.
In its first-quarter 2026 investor letter, McIntyre Partnerships highlighted stocks like Latham Group, Inc. (NASDAQ:SWIM). Latham Group, Inc. (NASDAQ:SWIM) is an in-ground residential swimming pool manufacturer operating across North America, Australia, and New Zealand. On June 1, 2026, Latham Group, Inc. (NASDAQ:SWIM) closed at $5.32 per share. One-month return of Latham Group, Inc. (NASDAQ:SWIM) was -9.22%, and its shares lost 12.79% over the past 52 weeks. Latham Group, Inc. (NASDAQ:SWIM) has a market capitalization of $624.63 million.
McIntyre Partnerships stated the following regarding Latham Group, Inc. (NASDAQ:SWIM) in its Q1 2026 investor letter: