How GTA VI Fuels Multiyear Growth for Take-Two Interactive Software (TTWO)? Soumya Eswaran Wed, October 7, 2026 at 9:39 AM EDT 2 min read TTWO +0.11% ^GSPC -0.58% Trade TTWO on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
ClearBridge Investments, a global equity manager, recently published third-quarter 2026 commentary for its "Large Cap Growth Strategy". The letter can be downloaded here. In the third quarter, leadership among large growth stocks shifted from high-momentum semiconductor names to companies with clearer AI monetization paths. The ClearBridge Large Cap Growth Strategy outperformed its Russell 1000 Growth Index benchmark, benefiting from strong stock selection and disciplined valuation approaches. Despite volatility and a selloff in higher-beta AI stocks, the S&P 500 Index and NASDAQ Composite posted gains. The benchmark Russell 1000 Growth Index posted a modest gain of 0.9% while the Russell 1000 Value Index was up 2.6%. The Strategy broadened exposure across select semiconductor, AI infrastructure, and diversifying growth companies, while maintaining measured momentum exposure. The rebalance of the Russell 1000 Growth Index increased semiconductor weights and lowered software exposure, aligning with a thoughtful expansion into the AI and semiconductor infrastructure ecosystem. Overall, the strategy's focus on quality and valuation proved advantageous amidst market shifts. Also, check the fund's top five holdings to see its best picks in 2026.
In its third-quarter 2026 investor letter, ClearBridge Large Cap Growth Strategy highlighted Take-Two Interactive Software, Inc. (NASDAQ:TTWO) as a newly added position. Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is a leading American interactive entertainment solutions company. On October 06, 2026, Take-Two Interactive Software, Inc. (NASDAQ:TTWO) closed at $202.53, with a $37.87 billion market capitalization. Take-Two Interactive Software, Inc. (NASDAQ:TTWO) posted a 20.90% YTD pullback, trading within a 52-week range of $187.63 to $265.94.
ClearBridge Large Cap Growth Strategy stated the following regarding Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in its Q3 2026 investor letter:
"Lastly, we purchased Take-Two Interactive Software, Inc. (NASDAQ:TTWO), where we see a multiyear opportunity for the video game developer as the forthcoming Grand Theft Auto VI launch supports unit sales, recurring revenue and earnings revisions."
Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 84 hedge fund portfolios held Take-Two Interactive Software, Inc. (NASDAQ:TTWO) at the end of the second quarter, which was 77 in the previous quarter. While we acknowledge the potential of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. 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 the best short-term AI stock.
In addition, please check out our hedge fund investor letters Q3 2026 page for more investor letters from hedge funds and other leading investors.
This article is originally published at Insider Monkey.
