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Heartland Small Cap Value Strategy falls 6.62% in Q3, underperforming Russell 2000 Value Index

Market News
14 Nov 2026, 12:00 WIB
Seeking Alpha
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Bearish
Heartland Small Cap Value Strategy falls 6.62% in Q3, underperforming Russell 2000 Value Index

In the third quarter of 2026, the Heartland Small Cap Value Strategy declined by 6.62%, lagging behind the Russell 2000 Value Index which fell 4.91%. The strategy's performance was mixed across sectors, with gains in Materials, Financials, and Utilities offset by losses in Energy, Industrials, and Consumer Discretionary. Notably, underperformance in Energy was partly due to underexposure to pure-play refiners, which performed well in the market. This highlights the impact of sector allocation and security selection on the fund's results.

The Heartland Small Cap Value Strategy's Q3 2026 performance showed a 6.62% decline, trailing the Russell 2000 Value Index's 4.91% drop. For readers following US stocks on Pluang, here is the market snapshot as of Nov 14, 2026 17:11 WIB: out of 150 priced US stocks, 77 rose and 69 fell today. Notable movers include MRVL at USD 156.76 with a 1-day change of -4.68% and a typical hold time of 46 days, HOOD at USD 77.86 down 4.29% with a 78-day hold, and HPE at USD 48.29 down 3.80% with 100% buy order activity.

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