Here’s Why GROW Small Cap Equity Fund Bets Against Robinhood Markets (HOOD)

1 week ago 5

Soumya Eswaran

Tue, June 23, 2026 astatine 6:56 AM CDT 2 min read

Grow Funds, an concern Advisor, released its Q1 2026 capitalist missive for "GROW Small Cap Equity Long/Short Fund". A transcript of the missive tin beryllium downloaded here. In Q1 2026, GROW Small Cap Equity Long/Short L.P (Fund) returned 4.18%, outperforming the Russell 2000 Growth Index's –2.80%, HFRI Equity Hedge Index's -0.24%, and the HFRI Fundamental Growth Index's 0.47% returns. Long positions and hedges, and abbreviated positions, safeguarded the portfolio amid the volatility driven by the Iran War. In addition, delight cheque the Strategy's apical 5 holdings to cognize its champion picks successful 2026.

In its first-quarter 2026 capitalist letter, Grow Funds highlighted Robinhood Markets, Inc. (NASDAQ:HOOD). Robinhood Markets, Inc. (NASDAQ:HOOD) is simply a US-based fiscal services institution that provides a trading level for stocks, exchange-traded funds, American depository receipts, options, gold, and cryptocurrencies. On June 22, 2026, Robinhood Markets, Inc. (NASDAQ:HOOD) closed astatine $105.71 per share. One-month instrumentality of Robinhood Markets, Inc. (NASDAQ:HOOD) was 42.68%, and its shares gained 28.90% implicit the past 52 weeks. Robinhood Markets, Inc. (NASDAQ:HOOD) has a marketplace capitalization of $95.28 billion.

Grow Funds stated the pursuing regarding Robinhood Markets, Inc. (NASDAQ:HOOD) successful its Q1 2026 capitalist letter:

"Robinhood Markets, Inc. (NASDAQ:HOOD) is simply a banal brokerage level that offers committee escaped trading of stocks, ETFs, options, and cryptocurrencies done a mobile-first level designed to "democratize" finance. Its level appeals to young, digitally autochthonal investors (Gen Z and Millennials). We shorted HOOD arsenic it was the highest valued brokerage banal comparative to peers. In addition, we felt that the "retail" investing assemblage was stretched arsenic evidenced by the diminution successful Bitcoin."

Jim Cramer Shares How His Wife Advised CEO Vlad Tenev

Robinhood Markets, Inc. (NASDAQ:HOOD) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 84 hedge money portfolios held Robinhood Markets, Inc. (NASDAQ:HOOD) astatine the extremity of the archetypal quarter, up from 83 successful the erstwhile quarter. In Q1 2026, Robinhood Markets, Inc. (NASDAQ:HOOD) reported gross of $1.1 billion, up 15% year-over-year. While we admit the imaginable of Robinhood Markets, Inc. (NASDAQ:HOOD) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

Read Entire Article