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FPA Queens Road Small Cap Value Fund significantly increased its position in JBT Marel (JBTM) during the second quarter of 2026, citing the company's consistent earnings growth in non-cyclical markets, according to its Q2 2026 investor letter.
The fund noted that JBT Marel manufactures food processing equipment and has an impressive history of earnings consistency and growth in relatively non-cyclical end markets. The fund returned 27.02% in the first half of 2026, outperforming the Russell 2000 Value Index and the S&P 600 Index.
Source：Yahoo财经 · Source Link
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