Alapocas Investment Partners' Q1 2026 Portfolio Activity: Strategic Shifts in Tech and Consumer Stocks
David Lemons' portfolio saw significant reductions in top holdings during the first quarter of 2026, with no new positions or exits disclosed.
As of March 31, 2026, David Lemons' portfolio managed through Alapocas Investment Partners stood at approximately $132.1 million. This comprehensive analysis examines observable changes in Lemons' holdings during the first quarter of 2026, focusing on increases, decreases, new positions, and exits based on disclosed data.
The investor's activity during this period was characterized by a consistent reduction in existing positions across multiple sectors. Lemons sold shares in several top holdings, indicating a strategic shift or rebalancing of the portfolio. Detailed breakdowns of these changes are provided below.
Google (GOOG): Lemons reduced his stake in Alphabet Inc. (GOOG) by 4,705 shares, representing a 5.98% decrease from the previous quarter. This action lowered the stock's portfolio allocation to 16.05%. [Link to Investor: https://www.insiderset.com/investor/david-lemons-alapocas-investment-partners] | [Link to Stock: https://www.insiderset.com/investors/stocks/GOOG]
Amazon (AMZN): The investor disposed of 2,680 shares of Amazon.com Inc. (AMZN), resulting in a 3.46% decline in the position. The stock's allocation decreased to 11.8%. [Link to Investor] | [Link to Stock: https://www.insiderset.com/investors/stocks/AMZN]
Apple (AAPL): Lemons' position in Apple Inc. (AAPL) saw a reduction of 2,996 shares, leading to a 5.32% decrease in the holding. The allocation dropped to 10.23%. [Link to Investor] | [Link to Stock: https://www.insiderset.com/investors/stocks/AAPL]
TJX (TJX): The investor sold 3,570 shares of TJX Cos. Inc. (TJX), causing a 4.54% reduction in the position. The allocation fell to 9.07%. [Link to Investor] | [Link to Stock: https://www.insiderset.com/investors/stocks/TJX]
VISA (V): Lemons reduced his holding in Visa Inc. (V) by 1,647 shares, a 4.3% decrease. The allocation dropped to 8.38%. [Link to Investor] | [Link to Stock: https://www.insiderset.com/investors/stocks/V]
Costco (COST): The investor disposed of 270 shares of Costco Wholesale Corporation (COST), leading to a 3.78% reduction. The allocation fell to 5.18%. [Link to Investor] | [Link to Stock: https://www.insiderset.com/investors/stocks/COST]
Adobe (ADBE): Lemons' stake in Adobe Inc. (ADBE) was reduced by 2,910 shares, resulting in a 9.56% decrease. The allocation dropped to 5.07%. [Link to Investor] | [Link to Stock: https://www.insiderset.com/investors/stocks/ADBE]
Ferrari (RACE): The investor sold 671 shares of Ferrari N.V. (RACE), causing a 3.58% reduction. The allocation fell to 4.63%. [Link to Investor] | [Link to Stock: https://www.insiderset.com/investors/stocks/RACE]
Moody's (MCO): Lemons reduced his holding in Moody's Corp (MCO) by 427 shares, a 2.96% decrease. The allocation dropped to 4.61%. [Link to Investor] | [Link to Stock: https://www.insiderset.com/investors/stocks/MCO]
Copart (CPRT): The investor disposed of 5,533 shares of Copart Inc. (CPRT), leading to a 3.11% reduction. The allocation fell to 4.33%. [Link to Investor] | [Link to Stock: https://www.insiderset.com/investors/stocks/CPRT]
Across all holdings, Lemons demonstrated a clear preference for reducing positions rather than initiating new ones or exiting existing ones during this quarter. There were no disclosed purchases of new stocks or exits from any of the listed positions.
For a complete overview of David Lemons' investment activities and portfolio performance, please visit the Alapocas Investment Partners profile on Insiderset. [Link to Investor: https://www.insiderset.com/investor/david-lemons-alapocas-investment-partners]