Carret Asset Management Q2 2026 Portfolio Activity: Focus on Energy and ETFs

As reported in insider filings for Carret Asset Management LLC, the investment firm's portfolio saw activity across various sectors during Q2 2026. The total number of holdings remained substantial at 259 stocks, reflecting a diverse approach to investing.

The most notable buying activity this quarter involved several Exchange-Traded Funds (ETFs). Significant new positions were established in IWF, an investment-grade growth ETF, and VUG, a popular consumer-focused growth fund. The firm also increased its stake in the large-cap tech-focused SPDR S&P 500 Growth ETF (IVE), although specific details for IVE weren't included in this filing, and notably added positions to KKR, a financial services company.

Turning to direct stock purchases, Carret Asset Management initiated new positions in several smaller companies. The firm invested in ACHR (Archer Aviation), a player in the Industrials sector specializing in aviation technology; PACB (Pacific Biosciences), involved in healthcare and genomics research; GEL (Genesis Energy LP); and the energy-focused MLP, MPLX.

In contrast to new positions, there were also notable sales of existing holdings. The firm sold shares in several large-cap technology companies that are core parts of its portfolio allocation. These included AAPL, the consumer tech giant; MSFT, another major technology player; and both large-cap search engines, GOOG (Class C) and GOOGL (Class A). Additionally, the firm sold its entire stake in the healthcare company PFE.

The sales activity also impacted other sectors. Carret Asset Management divested all shares from BRK-B, the investment arm of Warren Buffett, and sold its position in the energy sector's FCNTX. Furthermore, while maintaining a small stake, there was an increase in sales for the healthcare-focused Applied Materials Inc. (AMAT) and a decrease noted for JNJ.