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Heartland Advisors sees value in Bentley Systems and Watsco acquisitions amid Q3 fund decline

Market News
13 Oct 2026
Seeking Alpha
View Source
Neutral
Heartland Advisors sees value in Bentley Systems and Watsco acquisitions amid Q3 fund decline

Heartland Advisors highlighted Bentley Systems as a new buy, noting its discounted stock price despite strong long-term prospects. Watsco's acquisition of two family-run businesses is expected to boost revenue and cash flow by about 10%. The firm remains confident in MarketAxess due to its exit from a heavy investment cycle, which should improve operating leverage. Despite these positives, Heartland's Mid Cap Value Fund fell 4.77% in Q3, underperforming the Russell Midcap® Value Index.

Heartland Mid Cap Value Fund Q3 2026 portfolio activity is shown here with Pluang's Financials sector data for context. Of 118 priced Financials stocks on Pluang, 52 rose and 65 fell as of Oct 13, 2026 22:41 WIB. Notable movers include WULF at USD 12.81 with a 1-day change of -4.19% and 96% buy orders, FIGR at USD 27.35 down 3.90%, and HUT at USD 81.98 down 3.82% with 93% sell orders.

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