Wasatch Core Growth Fund
WGROX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 505 Wakara Way Salt Lake City UT United States of America 84108
- IPO Date
- Nov 28, 1986
- CIK
- 0000806633
- Website
- wasatchglobal.com
- Similar Companies
- Business
- Wasatch Core Growth Fund (WGROX) is an open-end mutual fund managed by Wasatch Global Investors that seeks long-term growth of capital as its primary objective, with income as a secondary consideration. The fund primarily invests at least 65% of its net assets in equity securities of growing companies, focusing on U.S. small-cap growth stocks with market capitalizations under $7 billion at the time of purchase; it maintains a portfolio of approximately 40-60 positions selected through a bottom-up approach emphasizing defensible business models, strong management teams, and sustainable earnings growth potential across economic cycles; up to 20% of assets may be allocated to foreign companies in developed, emerging, or frontier markets. Holdings as of March 31, 2025, include top positions such as HealthEquity Inc. (4.23%), Casella Waste Systems Inc. (3.72%), and Shift4 Payments Inc. (3.21%), with over 95% in U.S. stocks and the remainder in non-U.S. equities and cash. Launched in December 1986 and domiciled in the United States, the fund operates within the small growth category and is available to U.S. investors with a minimum initial investment of $2,000 and net expense ratio of 1.17%. Wasatch Global Investors, the fund's adviser, is headquartered in Salt Lake City, Utah, and maintains an employee-owned structure focused exclusively on active small-cap equity management. The fund targets institutional and retail investors seeking exposure to high-quality growth companies, with total net assets of approximately $4.38 billion and share class size of $1.84 billion as of recent data. Recent management updates include the appointment of Kipling Weisel as co-portfolio manager effective January 31, 2025, joining long-standing managers Paul S. Lambert (since 2005) and Michael K. Valentine (since 2017). In 2025, Wasatch Global Investors launched new strategies such as the Wasatch Global Small Cap Value Fund, signaling broader product expansion amid a focus on post-recession compounding and AI-era growth opportunities. The firm continues to prioritize client interests by closing successful strategies when necessary to protect performance, with no major acquisitions, partnerships, or reorganizations reported for WGROX in the last 1-2 years.