Group 1 - The Carillon Scout Mid Cap Fund's second quarter 2025 investor letter indicates that the Russell Midcap Index experienced positive returns despite an initial sell-off in April due to tariff announcements [1] - LKQ Corporation (NASDAQ:LKQ) is highlighted as a key stock, with a one-month return of 7.27% and a 52-week loss of 17.11%, closing at $32.31 per share with a market capitalization of $8.313 billion as of September 09, 2025 [2] - The fund notes that LKQ Corporation's performance has been affected by rising repair costs leading to a decline in demand for its products, compounded by bad weather in Europe and tariff uncertainties [3] Group 2 - LKQ Corporation is not among the top 30 most popular stocks among hedge funds, with 32 hedge fund portfolios holding the stock at the end of the second quarter, down from 33 in the previous quarter [4] - While LKQ Corporation is recognized for its potential, the analysis suggests that certain AI stocks may offer greater upside potential and lower downside risk [4] - Additional insights on LKQ Corporation can be found in other investor letters and analyses from hedge funds [5]
LKQ Corporation (LKQ) Fell Due to Lackluster Performance