GROW Small Cap Equity Fund Covered Its Position in Harrow in Q1

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Grow Funds covered its position in Harrow, Inc. during the first quarter of 2026, according to its Q1 investor letter. The GROW Small Cap Equity Long/Short Fund returned 4.18% in the quarter, outperforming the Russell 2000 Growth Index's negative 2.80% return. The firm stated that while it likes Harrow and its growth prospects, it saw a disconnect between high street earnings expectations and the company's underlying growth, and covered the position after Harrow disappointed on earnings. Harrow, Inc. closed at $42.41 per share on June 22, 2026, with a market capitalization of $1.58 billion. The number of hedge funds holding the stock fell to 22 at the end of the first quarter from 24 in the prior quarter.

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Biotech & Genomic Medicine▼ · 1 stocks
Harrow Health Inc
HROW
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Hedge fund covered position after earnings disappointment, citing disconnect between expectations and growth.