Guidewire Software (GWRE) in Wally Weitz's Multi Cap Equity Fund Q2 2024

Strong Quarterly Performance and Strategic Positioning

Apr 15, 2025

Summary

Delivered strong returns, contributing positively to the fund.
Valuation-related trimming to manage position size.

Guidewire Software, Inc. (GWRE, Financial) was highlighted in Wally Weitz's Multi Cap Equity Fund 2nd-Quarter Commentary 2024 Q2 for its strong quarterly performance. The company was among the largest contributors to the fund's returns, prompting valuation-related trimming to manage its position size.

"During the second quarter, we made valuation-related trims to Guidewire Software and Heico, along with a more modest trim of Alphabet to manage its large position size." — Wally Weitz, Multi Cap Equity Fund, Q2 2024 Fund Letter

Read full letter at gurufocus Wally Weitz's Multi Cap Equity Fund 2nd-Quarter Commentary 2024 Q2 page.

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