American Capital Management Inc Portfolio Shifts: Q3 2026 Activity Analysis
This analysis details observable purchases and sales by American Capital Management Inc in the third quarter ending June 30, 2026.
As of June 30, 2026, significant changes have been observed in the holdings of American Capital Management Inc (ACM). The investment firm has undertaken both strategic buying and selling activities during this quarter.
The portfolio saw a net increase across several sectors. Notably, ACM significantly boosted its position in NCINO INC (Ticker: NCNO), Technology sector, acquiring an additional 2,732,143 shares representing a nearly 115% increase. Similarly, substantial purchases were noted for MERCURY SYSTEMS INC (Ticker: MRCY), Industrials sector, with ACM buying all the shares held at quarter end compared to prior period data. Other notable buys included a significant increase in DORMAN PRODUCTS INC (Ticker: DORM), Consumer Cyclical sector (+370%), and moderate increases for companies like AAON INC, VSEC (though the latter's ticker is not provided in this filing), and ESE.
In contrast, American Capital Management Inc also divested from certain holdings during Q3 2026. The firm sold shares in several stocks that showed a decrease or exit in the portfolio data provided by InsiderSet. These include LIVE RAMP HOLDINGS INC (Ticker: RAMP), Technology sector, which experienced an 86.8% reduction in ACM's position; JACK HENRY & ASSOCIATES INC (Ticker: JKHY), Technology sector (-58.9%), and QUALYS INC (Ticker: QLYS), Technology sector (-91.5%). Additionally, ACM reduced its stake in other companies like VARONIS SYSTEMS INC, FORTINET INC (Ticker: FTNT), and COMMVAULT SYSTEMS INC.
The Technology sector remains heavily weighted in ACM's portfolio, with a combined allocation of approximately 45.19% as of the reporting date. This includes significant positions like NCINO INC (3.74%), CERENCE INC, and others, alongside substantial holdings in established names such as PALO ALTO NETWORKS INC (Ticker: PANW) and DYNATRACE INC (Ticker: DT). The firm's Technology holdings total $982,427,297.
The Healthcare sector allocation stands at about 25.96% ($564 million), featuring companies like IDEXX LABORATORIES INC (Ticker: IDXX) and AZENTA INC (Ticker: AZTA). The Industrials sector allocation is around 18.84% ($409 million), including positions in RBC BEARINGS INC and AAON INC.
In summary, American Capital Management Inc demonstrated active management in Q3 2026. The firm significantly increased its stake in several companies while simultaneously reducing positions or exiting others entirely. This dynamic approach resulted in a portfolio turnover rate of approximately 85% (based on position change count) and saw substantial capital deployed into new or expanded Technology, Healthcare, and Industrials holdings.