Banque De Luxembourg S.A.'s Investment Activity Analysis for Q2 2026
Analysis shows significant buying activity in Broadcom Inc. (AVGO) and selling positions, highlighting a dynamic portfolio adjustment by Banque De Luxembourg S.A.
Portfolio Snapshot
This report analyzes the investment activities of Banque De Luxembourg S.A. (investor_slug: banque-de-luxembourg-sa) as reported for the period ending 2026-06-30. The total portfolio value stands at $198,856,418, with holdings spread across various sectors and individual stocks.
Significant Purchases
The most notable purchase during this quarter was in Broadcom Inc. (AVGO). The investor acquired a substantial 6,012 additional shares, representing an impressive +202.36% increase in the position's share count from the prior period.
Additionally, Taiwan Semiconductor Manufacturing Co. (TSM) saw a significant increase of 898 shares (+65.21% in share count). Other notable buys included Bank of America Corp., which increased by +80.89%, and Medtronic PLC with a notable +4.2% change in shares held, although the latter was already present before this period.
Sales and Reductions
The investor also demonstrated selling activity during Q2 2026. Alphabet Inc. (GOOGL) experienced a reduction of 2,953 shares (-4.27% in share count), while the highly weighted stock Microsoft Corp. (MSFT) saw its position decrease by -1.89%, resulting in a slight reduction of 828 shares.
Furthermore, other holdings like Visa Inc. (V), Apple Inc. (AAPL), and UnitedHealth Group Inc. (UNH) all showed decreases in their share counts, ranging from -3.13% to -6.31%. The investor also completely exited the position in Carrier Global Corporation (CARR) and sold shares of Bank of America Corp. (BAC) which was a significant sale (-80.89% change from prior period).
Portfolio Diversification and Sector Focus
The portfolio remains diversified, with Technology being the largest sector allocation at 31.21%, followed by Unknown sectors (22.88%), Communication Services (15.6%), Financial Services (10.81%), Healthcare (9.23%), Consumer Cyclical (6.48%), Industrials (2.1%), and smaller allocations in other sectors.
The top five holdings by weight account for 43.4% of the total portfolio value, dominated by SPDR S&P 500 ETF Trust (SPY) at 13.92%, followed by Alphabet Inc. (GOOGL), UnitedHealth Group Inc. (UNH), Medtronic PLC (MDT), and Visa Inc. (V). The significant buying in AVGO suggests a strategic interest in the Technology sector, particularly focusing on companies like Broadcom.
Key Indicators
Banque De Luxembourg S.A.'s portfolio includes 72 holdings as of June 30, 2026. The investor exhibits active management with notable changes across many positions and has shown both large buying (+80.89%) and selling (-4.27%) activities during the period.