Americold Realty Trust (COLD): Why Was This Position Liquidated?

Americold Realty Trust (COLD): Why Was This Position Liquidated?

Thu, August 20, 2026 at 7:10 PM GMT+3 3 min read

Aristotle Capital Boston, LLC, an investment advisor, released its "Small Cap Equity Fund" Q2 2026 investor letter. A copy of the letter can be downloaded here. The Fund returned 13.69% in the second quarter of 2026, trailing the Russell 2000 Index's 21.49% gain as security selection in information technology and industrials weighed on performance despite positive allocation effects. Top contributors included MACOM Technology Solutions and Mercury Systems, which benefited from strong demand in semiconductor, aerospace, and defense markets, while Alamos Gold and Huron Consulting Group detracted due to operational challenges, weaker gold prices, and investor concerns surrounding artificial intelligence disruption. During the quarter, the fund initiated positions in IPG Photonics and UMB Financial, citing opportunities tied to advanced manufacturing, automation, reshoring trends, and diversified financial services, while exiting Americold Realty Trust, Byline Bancorp, and Verra Mobility. Looking ahead, management remains constructive on U.S. small-cap equities, noting that valuations remain attractive relative to large caps and that earnings growth is expected to accelerate into late 2026 and 2027. Factors such as increased merger and acquisition activity, improving domestic manufacturing due to reshoring and infrastructure investments, and a favorable regulatory environment are expected to support this asset class in the long term. In addition, please check the Fund's top five holdings to know its best picks in 2026.

In its second-quarter 2026 investor letter, Aristotle Small Cap Equity Fund highlighted stocks like Americold Realty Trust, Inc. (NYSE:COLD). Americold Realty Trust, Inc. (NYSE:COLD) owns and operates temperature-controlled warehouses and provides cold-chain logistics services for the global food supply chain. The one-month return of Americold Realty Trust, Inc. (NYSE:COLD) was 7.38% while its shares traded between $10.10 and $16.88 over the last 52 weeks. On August 19, 2026, Americold Realty Trust, Inc. (NYSE:COLD) stock closed at approximately $15.08 per share, with a market capitalization of about $4.35 billion.

Aristotle Small Cap Equity Fund stated the following regarding Americold Realty Trust, Inc. (NYSE:COLD) in its Q2 2026 investor letter:

Americold Realty Trust, Inc. (NYSE:COLD) is a real estate investment trust focused on the ownership, operation, development and acquisition of temperature-controlled warehouses. The position was liquidated due to deteriorating fundamentals.

Americold Realty Trust, Inc. (NYSE:COLD) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. As per our database, 34 hedge fund portfolios held Americold Realty Trust, Inc. (NYSE:COLD) at the end of the first quarter, which was 37 in the previous quarter. While we acknowledge the risk and potential of Americold Realty Trust, Inc. (NYSE:COLD) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on thebest short-term AI stock.

In another article, we covered Americold Realty Trust, Inc. (NYSE:COLD) and shared the the company's Earnings Call Transcripts. In addition, please check out our hedge fund investor letters Q1 2026 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.