The fund stated that it has long been bullish on Mettler-Toledo's business and bought a small position during a brief period of stock price misalignment this quarter. As of September 15, MTD's stock price was $1,330.40, down 6.64% over the past month and up 4.43% over the past 52 weeks, with a market capitalization of $26.66 billion. The fund's return in the second quarter was 7.90%, underperforming the Bloomberg US 3000 Index's gain of 15.71%.