Renewed Demand Momentum Lifts WillScot Holdings (WSC)

Renewed Demand Momentum Lifts WillScot Holdings (WSC)

Thu, September 17, 2026 at 4:36 PM GMT+3 3 min read

• WSC +0.50%

Cambiar SMID Fund, managed by Cambiar Investors, published its Q2 2026 investor letter. The letter can be downloaded here. U.S. equity markets rebounded strongly in the second quarter, with the S&P 500 gaining 15.2% and the Russell 2000 rising 21.5%. Growth outperformed value during the quarter, although value remained ahead year-to-date. Small- and mid-cap stocks also rallied, as the Russell 2500 Value Index returned 18.5%. Despite the Cambiar SMID Fund's 14.39% return (both the investor and the institutional class) —its best since Q4 2022—it lagged behind the index. Technology and Industrials were notable contributors during the quarter. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.

In its second-quarter 2026 investor letter, Cambiar SMID Fund highlighted WillScot Holdings Corporation (NASDAQ:WSC). WillScot Holdings Corporation (NASDAQ:WSC) is a North American company that offers turnkey temporary space solutions and serves customers in the construction and infrastructure, commercial and industrial, and energy and natural resources sectors, as well as government and institutional customers. On September 16, 2026, WillScot Holdings Corporation (NASDAQ:WSC) closed at $18.07 per share. Over the past month, WillScot Holdings Corporation (NASDAQ:WSC) declined 17.86%, but its shares are down 20.36% over the past year. WillScot Holdings Corporation (NASDAQ:WSC) has a market capitalization of $3.27 billion, and its stock has traded within a 52-week range of $14.91 to $29.77.

Cambiar SMID Fund stated the following regarding WillScot Holdings Corporation (NASDAQ:WSC) in its Q2 2026 investor letter:

"The Fund's holdings in the Industrials sector performed well in the quarter, outpacing the index by a wide margin for the period. We were particularly encouraged by the sharp rebounds in WillScot Holdings Corporation (NASDAQ:WSC) and ACV Auctions – as these two positions have struggled over the past year but may be turning the corner. WillScot is a market share leader in modular offices for construction sites and is seeing improved demand trends (e.g., datacenters). WillScot and ACV are good examples of niche (but essential) business models that can be discovered in the smaller cap segment of the equity market."

WillScot Holdings Corporation (NASDAQ:WSC) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 40 hedge fund portfolios held WillScot Holdings Corporation (NASDAQ:WSC) at the end of the second quarter, compared to 35 in the previous quarter. While we acknowledge the potential of WillScot Holdings Corporation (NASDAQ:WSC) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

In addition, please check out our hedge fund investor letters Q2 2026 page for more investor letters from hedge funds and other leading investors.

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This article is originally published at Insider Monkey.