13F seasons · Q2 2026
Q2 2026 13F season: what concentrated managers added and dropped
Summary of the Jun 30, 2026 portfolios of concentrated managers: a group defined by the shape of the portfolio (5 to 100 stocks, at least 45% in the top 10 and low turnover), not by size or fame. It includes small firms and filers with an unverified type, and each one counts the same. Further down, separately, the 47 hand-picked well-known investors. Definition. This is the latest complete quarter.
Stocks most managers added
- Advanced Micro DevicesAMD+25 (54→79)
31 opened · 7 exited · 1 more with no comparable data = +25 · already held it: 5 added, 30 trimmed · net flow +$1.5 bn
- IntelINTC+23 (34→57)
26 opened · 4 exited · 1 more with no comparable data = +23 · already held it: 4 added, 13 trimmed · net flow +$969M
- Micron TechnologyMU+21 (54→75)
26 opened · 6 exited · 1 more with no comparable data = +21 · already held it: 11 added, 27 trimmed · net flow +$4.4 bn
- Taiwan Semiconductor ManufacturingTSM+16 (164→180)
21 opened · 7 exited · 2 more with no comparable data = +16 · already held it: 47 added, 85 trimmed · net flow −$5.4 bn
- Seagate Technology HoldingsSTX+15 (19→34)
15 opened · 1 exited · 1 more with no comparable data = +15 · already held it: 9 added, 8 trimmed · net flow −$6.1 bn
- Lam ResearchLRCX+14 (40→54)
16 opened · 2 exited = +14 · already held it: 6 added, 20 trimmed · net flow −$141M
- SandiskSNDK+13 (31→44)
16 opened · 3 exited = +13 · already held it: 8 added, 17 trimmed · net flow −$2.6 bn
- Dell TechnologiesDELL+13 (15→28)
15 opened · 2 exited = +13 · already held it: 4 added, 4 trimmed · net flow −$106M
- NVIDIANVDA+12 (209→221)
21 opened · 10 exited · 1 more with no comparable data = +12 · already held it: 58 added, 90 trimmed · net flow −$2.9 bn
- Eli LillyLLY+12 (88→100)
14 opened · 2 exited = +12 · already held it: 27 added, 27 trimmed · net flow +$333M
- CorningGLW+12 (38→50)
15 opened · 3 exited = +12 · already held it: 7 added, 22 trimmed · net flow −$846M
- Nebius GroupNBIS+12 (9→21)
11 opened · 0 exited · 1 more with no comparable data = +12 · already held it: 4 added, 5 trimmed · net flow +$1.3 bn
- Applied MaterialsAMAT+11 (55→66)
14 opened · 4 exited · 1 more with no comparable data = +11 · already held it: 8 added, 31 trimmed · net flow −$2.2 bn
- Texas InstrumentsTXN+11 (39→50)
12 opened · 2 exited · 1 more with no comparable data = +11 · already held it: 2 added, 26 trimmed · net flow −$1.8 bn
- GE VernovaGEV+9 (64→73)
11 opened · 2 exited = +9 · already held it: 8 added, 28 trimmed · net flow −$90.9M
- CaterpillarCAT+9 (41→50)
12 opened · 4 exited · 1 more with no comparable data = +9 · already held it: 5 added, 12 trimmed · net flow +$307M
- Marvell TechnologyMRVL+9 (23→32)
11 opened · 3 exited · 1 more with no comparable data = +9 · already held it: 6 added, 11 trimmed · net flow +$219M
- RedditRDDT+9 (16→25)
11 opened · 2 exited = +9 · already held it: 7 added, 4 trimmed · net flow +$1.1 bn
- Devon EnergyDVN+9 (15→24)
9 opened · 0 exited = +9 · already held it: 9 added, 2 trimmed · net flow +$336M
- STMicroelectronicsSTM+9 (6→15)
9 opened · 1 exited · 1 more with no comparable data = +9 · already held it: 2 added, 3 trimmed · net flow +$308M
- Editas MedicineEDIT+9 (1→10)
9 opened · 0 exited = +9 · already held it: 1 added, 0 trimmed · net flow +$140M
- ASML HoldingASML+8 (62→70)
13 opened · 5 exited = +8 · already held it: 16 added, 24 trimmed · net flow −$2.1 bn
- Sagimet BiosciencesSGMT+8 (3→11)
8 opened · 0 exited = +8 · already held it: 0 added, 0 trimmed · net flow +$95.8M
- Cisco SystemsCSCO+7 (52→59)
10 opened · 4 exited · 1 more with no comparable data = +7 · already held it: 3 added, 20 trimmed · net flow −$274M
- Analog DevicesADI+7 (42→49)
8 opened · 1 exited = +7 · already held it: 7 added, 20 trimmed · net flow −$891M
Stocks most managers dropped
- IntuitINTU-20 (63→43)
5 opened · 24 exited · 1 fewer with no comparable data = −20 · already held it: 11 added, 20 trimmed · net flow −$713M
- MicrosoftMSFT-10 (265→255)
6 opened · 16 exited = −10 · already held it: 66 added, 107 trimmed · net flow −$3.7 bn
- NetflixNFLX-10 (94→84)
11 opened · 22 exited · 1 more with no comparable data = −10 · already held it: 22 added, 33 trimmed · net flow −$519M
- SalesforceCRM-10 (49→39)
4 opened · 14 exited = −10 · already held it: 8 added, 20 trimmed · net flow −$250M
- ZoetisZTS-9 (39→30)
6 opened · 13 exited · 2 fewer with no comparable data = −9 · already held it: 8 added, 13 trimmed · net flow −$312M
- ServiceNowNOW-8 (57→49)
4 opened · 11 exited · 1 fewer with no comparable data = −8 · already held it: 19 added, 18 trimmed · net flow −$589M
- NikeNKE-8 (36→28)
2 opened · 10 exited = −8 · already held it: 6 added, 13 trimmed · net flow −$146M
- Boston ScientificBSX-8 (34→26)
7 opened · 16 exited · 1 more with no comparable data = −8 · already held it: 10 added, 7 trimmed · net flow −$295M
- Flutter EntertainmentFLUT-8 (17→9)
0 opened · 8 exited = −8 · already held it: 5 added, 4 trimmed · net flow −$706M
- EchoStarECHO-7 (27→20)
5 opened · 11 exited · 1 fewer with no comparable data = −7 · already held it: 6 added, 5 trimmed · net flow −$612M
- Akamai TechnologiesAKAM-7 (17→10)
2 opened · 10 exited · 1 more with no comparable data = −7 · already held it: 2 added, 3 trimmed · net flow −$351M
- MercadoLibreMELI-6 (64→58)
3 opened · 9 exited = −6 · already held it: 21 added, 23 trimmed · net flow +$1.6 bn
- Booking HoldingsBKNG-6 (57→51)
7 opened · 13 exited = −6 · already held it: 9 added, 24 trimmed · net flow −$2.2 bn
- Honeywell InternationalHON-6 (36→30)
4 opened · 10 exited = −6 · already held it: 8 added, 6 trimmed · net flow +$60.2M
- IconICLR-6 (24→18)
2 opened · 8 exited = −6 · already held it: 7 added, 5 trimmed · net flow −$314M
- EQTEQT-6 (22→16)
1 opened · 7 exited = −6 · already held it: 3 added, 5 trimmed · net flow +$309M
- Compass TherapeuticsCMPX-6 (11→5)
1 opened · 7 exited = −6 · already held it: 3 added, 1 trimmed · net flow −$39.1M
- Fulcrum TherapeuticsFULC-6 (8→2)
2 opened · 8 exited = −6 · already held it: 0 added, 0 trimmed · net flow −$8.3M
- Birkenstock HoldingBIRK-6 (8→2)
0 opened · 6 exited = −6 · already held it: 0 added, 2 trimmed · net flow −$90.8M
- AdobeADBE-5 (44→39)
3 opened · 8 exited = −5 · already held it: 5 added, 20 trimmed · net flow −$324M
- Becton, DickinsonBDX-5 (33→28)
1 opened · 6 exited = −5 · already held it: 6 added, 15 trimmed · net flow +$450M
- Fair IsaacFICO-5 (30→25)
1 opened · 6 exited = −5 · already held it: 8 added, 10 trimmed · net flow −$521M
- SharkninjaSN-5 (26→21)
0 opened · 5 exited = −5 · already held it: 5 added, 11 trimmed · net flow −$287M
- CVS HealthCVS-5 (23→18)
0 opened · 4 exited · 1 fewer with no comparable data = −5 · already held it: 5 added, 8 trimmed · net flow −$319M
- Generac HoldingsGNRC-5 (21→16)
0 opened · 5 exited = −5 · already held it: 5 added, 9 trimmed · net flow −$130M
Ordered by the net change in the number of managers holding the stock (those who opened minus those who exited), not by dollars or shares: a stock can rank first with more new holders while most of those who already held it are trimming. “Already held it” shows that on each row. “No comparable data”: managers whose previous-quarter portfolio we cannot compare (first 13F, or they did not file that quarter), plus spin-offs and corporate exits (mergers, delistings). They change the count without being a clean buy or sale. It is a net figure: “more” when more of them enter the count than leave it, “fewer” when it is the other way round.
“Net flow”: shares added minus shares cut, in dollars, at the 13F quarter-end implied price, not each trade's price. It can have the opposite sign to the change in managers.
Well-known investors: where they agree and where they don't
A different group from the one above: the 47 investors with their own page on the site, hand-picked. Their moves of 0.5 points of the portfolio or more this quarter, grouped by stock. They appear under the person's name when the page carries it and under the firm's name otherwise; the 13F is always the firm's.
Split
Some bought what others sold: the same stock, two opposite reads.
- AlphabetGOOGL
▲ buying: Berkshire Hathaway, David Tepper, Stanley Druckenmiller and 4 more · 1 new position
▼ selling: Bill Ackman, Tiger Global, Viking Global and 6 more · 2 full exits
- Amazon.comAMZN
▲ buying: David Tepper, Stanley Druckenmiller, Seth Klarman and 3 more · 1 new position
▼ selling: Bill Ackman, Dan Loeb, Soros Fund and 2 more
▲ buying: David Tepper, Stanley Druckenmiller, Dan Loeb and 1 more · 1 new position
▼ selling: Tiger Global, Viking Global, Lone Pine and 2 more
- NVIDIANVDA
▲ buying: Jeremy Grantham
▼ selling: Dan Loeb, Tiger Global, Dragoneer and 4 more · 3 full exits
- BroadcomAVGO
▲ buying: David Tepper · 1 new position
▼ selling: Stanley Druckenmiller, Tiger Global, Ray Dalio and 2 more · 2 full exits
- Meta PlatformsMETA
▲ buying: Bill Ackman, David Tepper, Viking Global and 1 more · 1 new position
▼ selling: Dan Loeb, Dragoneer · 2 full exits
▲ buying: Stanley Druckenmiller, Tiger Global, Dragoneer · 3 new positions
▼ selling: Cathie Wood, Ray Dalio
- Berkshire HathawayBRK/B
▲ buying: Li Lu, Bruce Berkowitz, Semper Augustus
▼ selling: Gates Foundation Trust, Giverny Capital
▲ buying: Bill Ackman, Terry Smith, Jeremy Grantham · 2 new positions
▼ selling: Akre Capital, Dev Kantesaria
- S&P GlobalSPGI
▲ buying: Bill Ackman, Soros Fund, Semper Augustus · 2 new positions
▼ selling: Li Lu, Dev Kantesaria · 1 full exit
- VisaV
▲ buying: Bill Ackman, Tiger Global · 2 new positions
▼ selling: Akre Capital, Terry Smith, Dev Kantesaria
▲ buying: Lone Pine · 1 new position
▼ selling: Coatue, Ray Dalio, Steve Cohen
- GE VernovaGEV
▲ buying: Terry Smith, Ken Fisher · 1 new position
▼ selling: Tiger Global, Ray Dalio
▲ buying: Coatue
▼ selling: David Tepper, Ray Dalio, Ken Griffin
- NetflixNFLX
▲ buying: Bill Ackman, Terry Smith, Jeremy Grantham · 2 new positions
▼ selling: Tiger Global · 1 full exit
- MicrosoftMSFT
▲ buying: Bill Ackman, Jeremy Grantham
▼ selling: Chris Hohn · 1 full exit
▲ buying: Bill Ackman
▼ selling: Stanley Druckenmiller, Seth Klarman · 1 full exit
- SeaSE
▲ buying: Howard Marks · 1 new position
▼ selling: Tiger Global, Dan Sundheim
▲ buying: Steve Cohen · 1 new position
▼ selling: Terry Smith, Dan Sundheim
▲ buying: Dan Loeb, David Einhorn · 2 new positions
▼ selling: Bill Nygren
▲ buying: Soros Fund · 1 new position
▼ selling: Carl Icahn
- AppLovinAPP
▲ buying: Terry Smith · 1 new position
▼ selling: Tiger Global · 1 full exit
▲ buying: Giverny Capital
▼ selling: Terry Smith
- BaiduBIDU
▲ buying: David Tepper
▼ selling: Cathie Wood
- BlockXYZ
▲ buying: Dan Loeb · 1 new position
▼ selling: Dragoneer · 1 full exit
Agree on buying
Two or more bought it and none sold.
▲ buying: Stanley Druckenmiller, Tiger Global, Lone Pine · 2 new positions
▲ buying: Bill Ackman, David Tepper, Terry Smith · 1 new position
▲ buying: Gates Foundation Trust, Lone Pine · 2 new positions
- LindeLIN
▲ buying: Lone Pine, Dan Sundheim · 2 new positions
- Nebius GroupNBIS
▲ buying: Soros Fund, Lone Pine · 2 new positions
- TTM TechnologiesTTMI
▲ buying: Dan Loeb, Lone Pine · 2 new positions
- Veeva SystemsVEEV
▲ buying: Terry Smith, Giverny Capital · 2 new positions
▲ buying: Berkshire Hathaway, Stanley Druckenmiller · 1 new position
▲ buying: Viking Global, Soros Fund · 1 new position
- IntelINTC
▲ buying: Tiger Global, Coatue · 1 new position
▲ buying: Dan Loeb, Lone Pine · 1 new position
▲ buying: Lone Pine, Dan Sundheim
▲ buying: Viking Global, Dan Sundheim
▲ buying: Ray Dalio, Joel Greenblatt
▲ buying: Ray Dalio, Ken Griffin
Agree on selling
Two or more sold it and none bought.
- Lam ResearchLRCX
▼ selling: Tiger Global, Coatue, Ray Dalio and 1 more
- Walt DisneyDIS
▼ selling: Viking Global, ValueAct, Nick Train · 1 full exit
▼ selling: Berkshire Hathaway, Li Lu · 1 full exit
- CorningGLW
▼ selling: David Tepper, Lone Pine · 1 full exit
▼ selling: Howard Marks, Steve Cohen · 1 full exit
- Moody'sMCO
▼ selling: Li Lu, Akre Capital · 1 full exit
▼ selling: Soros Fund, Lone Pine · 1 full exit
▼ selling: Giverny Capital, Steve Cohen
▼ selling: Akre Capital, Lone Pine
▼ selling: Dan Loeb, Lone Pine
- Fair IsaacFICO
▼ selling: Nick Train, Dev Kantesaria
- RokuROKU
▼ selling: Stanley Druckenmiller, Cathie Wood
- TD SynnexSNX
▼ selling: David Einhorn, Glenn Greenberg
- TeradyneTER
▼ selling: Cathie Wood, Steve Cohen
- TripadvisorTRIP
▼ selling: Starboard Value, Mason Hawkins
- WoodwardWWD
▼ selling: Stanley Druckenmiller, Soros Fund
New positions worth 5% or more of the portfolio
Positions a concentrated manager did not hold the previous quarter that are already 5% or more of its portfolio. Stocks with fewer than three quarters in 13F filings are left out (recent IPOs and mergers, where the “purchase” may have been earlier and private), as are transfers between entities of the same manager.
- Dragoneer Investment GroupopenedAdvanced Micro Devices19.3%
- WFM Asia (bvi)openedACM Research18.6%
- Fairfax Financial HoldingsopenedEldorado Gold16.2%
- Oriental Harbor Investment Master FundopenedIntel15.7%
- Long Walk ManagementopenedTaiwan Semiconductor Manufacturing15.5%
- Trybe Capital ManagementopenedMicron Technology14.5%
- Ancient ArtopenedZillow Group13.9%
- Blue Whale Capital LLPopenedApplied Materials13.8%
- Polunin Capital PartnersopenedJD.com13.6%
- Aspex Management (HK)openedQualcomm13.2%
- High Ground Investment Management LLPopenedT-mobile US13.1%
- M & L Capital ManagementopenedMicron Technology13.0%
- Ratan Capital ManagementopenedSilicon Motion Technology12.7%
- Trinity Street Asset Management LLPopenedSmurfit Westrock12.5%
- Newbrook Capital AdvisorsopenedSynopsys12.5%
- Lingotto Investment Management LLPopenedMolina Healthcare12.4%
- TB Alternative AssetsopenedMarvell Technology12.3%
- MY.Alpha Management HK AdvisorsopenedACM Research12.2%
- Westwood Global InvestmentsopenedMercadoLibre12.1%
- Hound PartnersopenedMeta Platforms11.8%
- TT International Asset ManagementopenedONTO Innovation11.8%
- Linonia PartnershipopenedRoblox11.7%
- CoreView Capital ManagementopenedBaidu11.6%
- Contrarius Investment ManagementopenedIntel11.4%
- ATLAS Infrastructure Partners (UK)openedExelon11.0%
The Q3 2026 season builds itself in your account
Follow the managers you care about and see their new 13F filings in Following as they come in.
Source: 13F filings with the SEC, filed up to 45 days after quarter end. Not investment advice.