Navigating Market Dynamics: Key Portfolio Adjustments in Q3 2025
Key Acquisitions: Enhancing Infrastructure and Logistics Holdings
Equinix, Inc., a prominent player in the real estate sector and the foremost global provider of colocation data center services, was a notable addition to the portfolio. With its extensive network of data centers worldwide, Equinix is recognized for its critical role in the digital infrastructure landscape. The company boasts an impressive MSCI ESG Overall Score of AAA, highlighting its commitment to environmental, social, and governance practices.
CSX Corporation, a major railroad enterprise, also joined the fund's holdings. Operating across 26 states in the eastern United States, CSX manages an expansive network of 20,000 route miles and offers unparalleled access to over 70 ocean, lake, and river port terminals. Its inclusion reinforces the portfolio's exposure to essential transportation and logistics infrastructure.
Strategic Divestitures: Adapting to Evolving Market Conditions
The fund made a strategic decision to exit its position in Texas Instruments. This divestiture was prompted by a re-evaluation of the investment thesis in light of prevailing industry headwinds. These challenges significantly impacted the company's growth trajectory and future outlook, leading to the decision to reallocate capital to more promising opportunities.