Macquarie Core Equity Fund Sold The Procter & Gamble Co. (PG) at Reasonable Gains

Group 1 - The Macquarie Core Equity Fund's Institutional Class achieved a return of 11.94% in Q2 2025, outperforming the S&P 500 Index, which rose by 10.94% [1] - The strong performance of the equity market was attributed to reduced concerns over potential tariffs from the Trump administration, which paused tariff implementation [1] - Sector selection contributed to 80% of the fund's relative performance, while individual security selection accounted for the remaining 20% [1] Group 2 - The Procter & Gamble Company (NYSE:PG) experienced a one-month return of -0.85% and a 52-week decline of 9.70%, with a market capitalization of $368.205 billion as of September 18, 2025 [2] - The Macquarie Core Equity Fund sold its holdings in The Procter & Gamble Company at reasonable gains, citing forecasts of slowing organic sales growth due to strong pricing gains and slowing employment and wage growth [3] - The Procter & Gamble Company was held by 88 hedge fund portfolios at the end of Q2 2025, consistent with the previous quarter, but the fund believes certain AI stocks present greater upside potential [3]