TimesSquare U.S. Focus Growth Strategy Sold CrowdStrike Holdings (CRWD) Due to Market Cap Considerations

Group 1: Investment Strategy Overview - TimesSquare Capital Management's "U.S. Focus Growth Strategy" reported a gross return of 4.00% and a net return of 3.78% for Q3 2025, outperforming the Russell Midcap Growth Index's return of 2.78% [1] - All major asset classes posted positive returns in Q3 2025, except for fixed income assets outside the US [1] Group 2: CrowdStrike Holdings, Inc. Analysis - CrowdStrike Holdings, Inc. (NASDAQ:CRWD) experienced a one-month return of -4.72% but gained 30.03% over the last 52 weeks, closing at $504.78 per share with a market capitalization of $127.254 billion on December 12, 2025 [2] - The company provides cybersecurity products and services aimed at preventing breaches, and it was noted that the investment position was exited due to market cap considerations, with a share price decline of -16% during the holding period [3] - CrowdStrike's subscription revenue grew 21% year-over-year to reach $1.17 billion in Q3 2026, but the company is not among the 30 most popular stocks among hedge funds, with 66 hedge fund portfolios holding its shares at the end of Q3 2025 [4]