Congress Asset Management Q2 2026: Strategic Stock Purchases and Sales

As part of their investment strategy for Q2 2026, Congress Asset Management Co. engaged in notable buying and selling activities across various sectors.

Prominent Purchases This Quarter

The fund demonstrated strong interest in certain companies during this period:

• Mirion Technologies Inc. (MIR), operating within the Industrials sector, saw a massive increase of 500.1% in its position due to substantial share purchases.
• Vericel Corporation (VCEL) experienced an approximately 93.5% stake growth as the fund acquired a significant number of shares, indicating confidence in this Healthcare company.
• The investor also significantly increased their position in The Vita Coco Company Inc. (COCO), acquiring all 1,207,102 shares held previously by others or from prior periods, boosting the Consumer Defensive allocation.
• Furthermore, IMAX Corporation (IMAX) benefited from a nearly 68% stake increase as Congress Asset Management acquired substantial shares in this Communication Services company.

Significant Sales and Exits

In contrast, the fund also reduced or exited positions in several companies:

• MDB, Archrock Inc. (AROC), and Calix Inc. (CALX) were among the stocks where Congress Asset Management sold shares, reducing their exposure.
• The fund completely exited positions in STRL and Yeti Holdings Inc. (YETI), which saw a 99.5% reduction in holdings respectively.
• FIX, Universal Technical Institute, Inc. (UTI), and Power Integrations Inc. (POWI) also experienced substantial reductions or partial exits by the investor during this quarter.

Shift in Focus and Portfolio Dynamics

The observed buying patterns suggest a potential strategic shift towards certain sectors, while sales indicate divestment from others:

• The large acquisitions point towards an active interest in specific Industrials (MIR) and Technology companies like VCEL and COCO.
• This quarter's activity, characterized by large percentage changes in holdings (both buys and sells), highlights the dynamic nature of Congress Asset Management Co.'s portfolio management.

For a complete overview of their investment strategy including sector allocations and total portfolio value for Q2 2026, please visit Congress Asset Management Co.'s profile page.