Fox Corporation (FOXA) Slid in Q1 Following a Strong Performance

Fox Corporation (FOXA) Slid in Q1 Following a Strong Performance Soumya Eswaran Mon, May 25, 2026 at 11:02 PM GMT+7 3 min read FOX ^GSPC FOXA Yachtman Asset Management released its first-quarter 2026 investor letter for its AMG “Yacktman Focused Fund”. A copy of the letter is available to download here. The Fund returned 10.37% for the first quarter, outperforming both the Russell 1000® Value Index and the S&P 500 Index, which returned 2.10% and -4.33%, respectively. The U.S. markets continue to post new highs, with the S&P 500® having compounded at mid-twenties percent returns from 2023 to 2025. The letter noted that there are no indications of a slowdown in the US market, despite significant geopolitical events. The Fund remains disciplined, investing in companies and building a portfolio of strong, risk-adjusted returns throughout the market cycle, emphasizing a long-term strategy for differentiated returns. In addition, please check the Fund’s top five holdings to know its best picks in 2026.

In its first-quarter 2026 investor letter, Yacktman Focused Fund highlighted stocks like Fox Corporation (NASDAQ:FOXA). Fox Corporation (NASDAQ:FOXA) is an American media company that operates across cable network programming, broadcast television, digital platforms, and entertainment production. On May 22, 2026, Fox Corporation (NASDAQ:FOXA) closed at $63.98 per share. One-month return of Fox Corporation (NASDAQ:FOXA) was 0.19%, and its shares gained 16.24% over the past 52 weeks. Fox Corporation (NASDAQ:FOXA) has a market capitalization of $25.7 billion.

Yacktman Focused Fund stated the following regarding Fox Corporation (NASDAQ:FOXA) in its Q1 2026 investor letter: