Core Insights - ClearBridge Investments reported that mid-cap stocks experienced growth in Q3 2025, driven by a favorable monetary policy environment and stabilizing earnings [1] - The Federal Reserve's rate cuts positively impacted small and mid-cap stocks, with value stocks outperforming growth stocks [1] - The ClearBridge Mid Cap Strategy outperformed the Russell Midcap Index, primarily due to stock selection in the consumer staples and healthcare sectors [1] Company Analysis: Chewy, Inc. (NYSE:CHWY) - Chewy, Inc. is an online retailer specializing in pet food, supplies, medications, and services, with a market capitalization of $13.689 billion as of November 12, 2025 [2] - The stock experienced a one-month return of -13.07% and a 52-week gain of 0.86% [2] - Despite solid revenue growth, Chewy's stock declined due to increased growth investments impacting investor sentiment [3] - The company is expected to benefit from its strategic initiatives aimed at increasing recurring revenue and growth rate [3] Hedge Fund Interest - Chewy, Inc. was held by 58 hedge fund portfolios at the end of Q2 2025, an increase from 55 in the previous quarter [4] - While Chewy is recognized for its potential, certain AI stocks are viewed as offering greater upside potential with less downside risk [4]