Allen Investment Management LLC Portfolio Shifts in Q3 2026: Focus on Tech, ETFs
Allen Investment Management's portfolio for Q3 2026 shows significant changes with notable additions to Technology stocks and adjustments across various sectors.
Allen Investment Management, Llc has released its portfolio data as of June 30th, 2026. This filing provides insights into the investment strategy by detailing observable purchases and sales during this quarter.
Prominent Holdings
The fund's largest individual positions remain concentrated in major US corporations: Amazon.com Inc (AMZN), Microsoft Corp (MSFT), UnitedHealth Group Inc (UNH), Alphabet Inc (GOOG), Taiwan Semiconductor Manufacturing Co Ltd (TSM), and NVIDIA Corporation (NVDA). These stocks, representing significant portions of the portfolio totaling over 24% weight combined (6.55%, 5.43%, 4.91%, 4.32%, 3.64%, and 3.05% respectively), have seen various adjustments in their shareholdings.
Significant Purchases
This quarter, Allen Investment Management demonstrated a clear focus on Technology sector investments through substantial buying activities. Notable purchases include:
- Taiwan Semiconductor Manufacturing Co Ltd (TSM), adding over 304,891 shares (change_percent_from_prior_period: +90.43%) and increasing its portfolio allocation to 3.64%. This represents a significant increase in exposure.
- NVIDIA Corporation (NVDA), acquiring approximately 595,887 shares (change_percent_from_prior_period: +86.41%) and boosting its allocation to 3.05%. This is one of the largest buying moves reported.
- Aurora Innovation Inc (AUR), significantly increasing its position by acquiring over 2 million shares (change_percent_from_prior_period: +197.96%) at a value of $0.25 million. This tech stock saw substantial inflows.
- Broadcom Inc (AVGO), adding approximately 283,071 shares (change_percent_from_prior_period: +94.29%) and increasing its allocation to 2.61%. This is another major tech purchase.
- Purchases of sector-specific exchange-traded funds (ETFs): The fund bought approximately 798,000 shares of the Select Sector SPDR Fund for Information Technology (XLU) (change_percent_from_prior_period: +316.77%) and over 4 million shares of the ALPS DFA Enhanced Europe ex UKE Small Cap Core Equity ETF (AMLP) (change_percent_from_prior_period: +10.86%). These additions further emphasize the tech focus.
Notable Sales and Reductions
In contrast to the buying activity, Allen Investment Management also reduced its positions in several key holdings:
- Schwab Charley Sternberg Fund Inc (SCHW), selling over 1.9 million shares (change_percent_from_prior_period: -35.91%) and decreasing its allocation to 3.74%. This is a significant reduction.
- Apple Inc (AAPL), although not listed in the top holdings, saw a substantial decrease of over 6 million shares sold (change_percent_from_prior_period: -98.63%) according to the "significant_sell_symbols" list.
- Uber Technologies Inc (UBER), sold over 347,000 shares (change_percent_from_prior_period: -83.24%) resulting in a very small allocation of 0.06%.
- Snowflake Inc (SNOW), although not listed individually, was noted among the "significant_sell_symbols" in this filing.
Portfolio Allocation Changes
The overall sector allocation of Allen Investment Management's portfolio has shifted compared to previous periods. The Technology sector remains a strong focus with an allocation percentage of 22.26%. Financial Services also holds considerable weight at 15.96%, while Communication Services and Consumer Cyclical sectors are prominent but slightly less weighted (9.85% and 8.78%). Healthcare, Utilities, and Industrials round out the significant allocations.
The fund's portfolio value stood at approximately $8.42 billion as of June 30th, 2026. The changes observed in the holdings reflect active management decisions during this quarter.