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Suncoast Growth Strategy Exits Aon, Increases Amphenol Holding
The strategy said it sold its small Aon holding in the third quarter to fund a larger Amphenol position.
Key takeaways
- Suncoast’s Select Growth strategy sold its small Aon position during Q3 2026.
- The sale funded an increase in the strategy’s Amphenol position.
Suncoast Equity Management’s U.S. Equity Large Cap Select Growth Strategy sold its small Aon holding during Q3 2026 to fund an increase in Amphenol.
In its investor letter, the strategy described Aon as a high-quality business with durable recurring revenue. It said it did not expect Aon management to pursue a significant acquisition in the middle-market insurance brokerage space during the quarter.
Aon closed at $270.47 per share on Oct. 7. The article reported that the stock had fallen 24.22% over the past 52 weeks.
Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
