Abc Arbitrage Sa Portfolio Analysis: Q2 2026 Investment & Exit Patterns Revealed
This detailed report examines Abc Arbitrage Sa's portfolio changes during the second quarter of 2026, highlighting significant stock purchases and sales based on available disclosures.
Abc Arbitrage Sa has released its portfolio data for Q2 2026 (as of June 30th), providing valuable insights into its investment activities. The fund manager demonstrated a dynamic approach to the quarter, engaging in both substantial buying and selling operations across various sectors.
The most significant change observed during this period was Abc Arbitrage Sa's large purchase of shares in British American Tobacco PLC (BTI). According to the data, the fund increased its holdings by 340,428 shares, representing an impressive +87.13% growth from the previous quarter. This substantial increase suggests strong confidence or a strategic shift towards this BRITISH AMERICAN TOBACCO PLC position.
In addition to BTI, several other notable purchases were identified. The fund significantly boosted its stake in Lloyds Banking Group PLC (LYG) by acquiring 5,658,508 more shares than the prior period (+183.06% increase). Similarly, ING GROEP NV (ING) saw a substantial jump with an +80.7% share increase, and Novo Nordisk A/S (NVO) experienced a 100% growth in its position during Q2.
Conversely, Abc Arbitrage Sa also made significant reductions or exits from certain positions this quarter. Vodafone Group PLC (VOD) was sold aggressively as the fund decreased its holdings by -899,784 shares (-27.05%), indicating a major divestment activity. The data further shows that Cemex SAB DE CV (CX), which held an allocation of 0.63%, completely exited from the portfolio with a -100% change in its position.
Furthermore, the fund engaged in other notable sales activities throughout Q2. Haleon PLC (HLN) experienced a significant reduction (-58.45%) and was removed entirely from the portfolio allocation list (CEMEX SAB DE CV is no longer listed). Other stocks like Leggett & Platt INC (LEG) and ORLA MINING LTD (ORLA), which entered during Q2, show 100% increases but are not linked to any prior holdings in the data.
The overall portfolio turnover rate appears high for this period. The total value of changed holdings is substantial, reflecting active management focused on capitalizing on market movements and potentially rebalancing its significant exposures within sectors like Financial Services (including LYG, NWG, ING) and Healthcare (NVO).