BOSTON, August 14, 2025–(BUSINESS WIRE)–Below is the July 2025 Monthly Update for the Liberty All-Star Growth Fund, Inc. (NYSE: ASG).
Liberty All-Star Growth Fund, Inc.
Ticker: ASG
Monthly Update, July 2025
Investment Approach:
Fund Style: All-Cap Growth
Fund Strategy: Combines three growth style investment managers, each with a distinct capitalization focus (small-, mid- and large-cap) selected and continuously monitored by the Fund’s Investment Advisor.
Investment Managers:
Weatherbie Capital, LLC
Small-Cap GrowthCongress Asset Management Company, LLP
Mid-Cap GrowthWestfield Capital Management Company, L.P.
Large-Cap Growth
Top 20 Holdings at Month-End:
|
| (37.6% of equity portfolio) |
|
|
1 |
| NVIDIA Corp. |
| 5.2% |
2 |
| Microsoft Corp. |
| 3.3% |
3 |
| Amazon.com, Inc. |
| 2.6% |
4 |
| Meta Platforms, Inc. |
| 2.5% |
5 |
| Apple, Inc. |
| 2.5% |
6 |
| Ollie’s Bargain Outlet Holdings, Inc. |
| 2.3% |
7 |
| FirstService Corp. |
| 2.0% |
8 |
| Alphabet, Inc. |
| 1.7% |
9 |
| Casella Waste Systems, Inc. |
| 1.5% |
10 |
| Natera, Inc. |
| 1.5% |
11 |
| Visa, Inc. |
| 1.4% |
12 |
| ACADIA Pharmaceuticals, Inc. |
| 1.4% |
13 |
| EMCOR Group, Inc. |
| 1.3% |
14 |
| Dexcom, Inc. |
| 1.3% |
15 |
| VSE Corp. |
| 1.2% |
16 |
| Ascendis Pharma A/S |
| 1.2% |
17 |
| Netflix, Inc. |
| 1.2% |
18 |
| SiteOne Landscape Supply, Inc. |
| 1.2% |
19 |
| AAR Corp. |
| 1.2% |
20 |
| SPS Commerce, Inc. |
| 1.1% |
Holdings are subject to change. | ||||
Monthly Performance:
Performance | NAV | Market Price | Discount |
Beginning of month value | $5.93 | $5.47 | -7.8% |
Distributions (Ex-Date July 18th) | $0.12 | $0.12 |
|
End of month value | $5.93 | $5.51 | -7.1% |
Performance for month | 2.18% | 2.93% |
|
Performance year-to-date | 3.48% | 3.81% |
|
Net Assets at Month-End ($millions):
Total |
| $367.1 |
Equities |
| $366.0 |
Percent Invested |
| 99.7% |
Sector Breakdown* (% of equity portfolio):
Information Technology |
| 30.0% |
Industrials |
| 20.1% |
Health Care |
| 15.1% |
Consumer Discretionary |
| 12.1% |
Financials |
| 10.4% |
Communication Services |
| 7.0% |
Real Estate |
| 2.3% |
Consumer Staples |
| 2.1% |
Materials |
| 0.9% |
Total Market Value |
| 100.0% |
*Based on Standard & Poor’s and MSCI Global Industry Classification Standard (GICS).
New Holdings:
Accelerant Holdings
Compass, Inc.
Tapestry, Inc.
Veracyte, Inc.
Viking Holdings, Ltd.
Holdings Liquidated:
Core Laboratories, Inc.
Deckers Outdoor Corp.
NeoGenomics, Inc.
Progressive Corp.
Union Pacific Corp.
US Foods Holding Corp.
US Physical Therapy, Inc.
The net asset value (NAV) of a closed-end fund is the market value of the underlying investments (i.e., stocks and bonds) in the Fund’s portfolio, minus liabilities, divided by the total number of Fund shares outstanding. However, the Fund also has a market price; the value at which it trades on an exchange. If the market price is above the NAV the Fund is trading at a premium. If the market price is below the NAV the Fund is trading at a discount.
