Quarterly Attribution Commentaries – 2Q25
While broad equity markets reached new highs in the first half of 2025, the environment has been challenging for active managers focused on quality, fundamentals, and durability. After two strong years of relative outperformance, Argent experienced a modest pullback. While frustrating in the moment, we’ve navigated similar environments throughout our 27-year history.
More importantly, staying disciplined and true to our philosophy has often laid the groundwork for some of our strongest stretches in the years that followed. Our approach is grounded in investing in businesses with growing cash flows, smart capital allocation, and durable competitive advantages. This time-tested philosophy is built to succeed through full market cycles, and we believe it will continue to serve our clients well in the years ahead.
Large Cap Attribution
Dividend Select Attribution
Mid Cap Attribution
SMID Cap Attribution
Focused Small Cap Attribution