David Katz Portfolio Update: March 31, 2026
David Katz's Matrix Advisors Value Fund portfolio valued at $1.09 billion as of March 31, 2026, features significant increases in Microsoft and Pepsico, alongside decreases in Alphabet and JPMorgan.
David Katz's Matrix Advisors Value Fund portfolio, valued at approximately $1.09 billion as of March 31, 2026, shows a Technology-heavy allocation with major shifts in several key holdings.
Katz significantly increased his stake in Microsoft (MSFT), adding over 28,000 shares, representing a 20% increase in holdings. The position in Pepsico (PEP) also saw substantial growth, with nearly 18,000 additional shares purchased, boosting its allocation. Conversely, Alphabet (GOOG) experienced a notable reduction, with over 13,000 shares sold, decreasing its position significantly.
In the Financial Services sector, holdings like PNC Financial Services Group (PNC) and US Bancorp (USB) showed minimal changes, while Morgan Stanley (MS) saw a decrease of nearly 8,000 shares. JPMorgan Chase & Co. (JPM) also reduced its position slightly. Within Technology, besides Microsoft, there were increases in Qualcomm (QCOM) and Apple (AAPL), though the latter's percentage increase was moderate.
The position in EA Series Trust (MAVF), which holds mutual funds, decreased slightly in shares. Overall, the portfolio maintains a strong concentration in large-cap US technology and financial services companies.