Byrne Asset Management Llc Q2 2026 Portfolio Activity: Focus on Financial Services, Tech and New Positions
Byrne Asset Management Llc reported significant portfolio changes for the quarter ending June 30, 2026. The firm increased its holdings in several sectors including Consumer Defensive and Industrials while reducing exposure to certain large-cap stocks.
For the quarter ending June 30, 2026, Byrne Asset Management Llc has reported specific changes to its portfolio holdings on Insiderset.com. The investment firm's activity during this period reveals a strategic focus across various sectors.
The most notable buying activity appears concentrated in certain areas. COTY INC (COTY), categorized as Consumer Defensive, saw its position fully replaced with a purchase of 71040 shares according to the filing data.
Similarly, in the Industrials sector, NLI HOLDINGS INC (NL) and EOS ENERGY ENTERPRISES ICLASS A (EOSE) were both fully replaced with new purchases. The firm also initiated a position in PLUG PWR INC (PLUG), an Industrials stock, replacing the entire previous holding.
In Technology and other sectors, Byrne Asset Management Llc appears to have taken positions or increased holdings. The firm initiated a position in C (Con Edison Inc.), listed as "Unknown" sector according to the filing categories, replacing its entire previous holding.
Additionally, they added exposure to several other sectors including Communication Services with NEXTDOOR HLDGS INC CLASS A (KIND), Basic Materials via MATIV HOLDINGS INC (MATV), and Healthcare through CERVOMED INC (CRVO). These additions represent new positions replacing prior holdings entirely.
Conversely, the data shows significant reductions in several existing holdings. Notably, large-cap Technology stocks like VVR, which is a Financial Services ETF but holds underlying Tech shares according to its name, saw substantial share decreases of approximately 13.87%. Similarly, BGT experienced a nearly identical reduction.
The firm also significantly reduced positions in other sectors including Financial Services ETFs like FTF (-13.8%) and ERC (-14%), as well as Industrials ETF SKYX (-34.72%) and Technology stock CRSR (-100% replaced). These reductions suggest a strategic shift away from these specific assets.
Furthermore, Byrne Asset Management Llc liquidated several positions entirely during this quarter according to the filing data. Stocks like SSNC, SPHR (likely SPHR Inc., referenced in significant sell list but not changed holdings, so no purchase), FLR, and HON were completely sold out.
In summary, Byrne Asset Management Llc's Q2 2026 filing indicates a dynamic portfolio management approach. The firm demonstrated buying interest in specific sectors like Consumer Defensive and Industrials through new positions or replacements, while simultaneously reducing stakes in large-cap names across various sectors including Technology and Financial Services ETFs.