Davenport Equity Opportunities Fund Q1 2026 Commentary

Davenport Asset Management14 FollowersFollow5ShareSavePlay(6min)CommentsSummaryThe Davenport Equity Opportunities Fund declined 3.86% during the first quarter of 2026, trailing the 1.29% gain for the Russell Mid Cap Index.The threat of AI disruption, in some cases even the mention of it, has sent shockwaves through the investing world.Key portfolio changes included exiting Mobileye (MBLY), adding to Agilent (A), and building a 9% allocation to the live events theme for growth and resilience.I remain committed to high-quality, durable growth businesses, confident in their ability to compound value over the long term. Thapana Onphalai/iStock via Getty Images Q1 2026 Market Review The Davenport Equity Opportunities Fund (DEOPX) declined 3.86% during the first quarter of 2026, trailing the 1.29% gain for the Russell Mid Cap® Index. Despite behaving resiliently through much of the quarter, our lack ofThis article was written byDavenport Asset Management14 FollowersFollowDavenport Asset Management is a boutique money manager founded in 1984 with over $12 billion in assets under management. Their competitive advantages come from our history, partnership, independence, experience, and process refined over the 160-year history of the firm. Note: This account is not managed or monitored by Davenport Asset Management, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Davenport Asset Management's official channels.