<strong>David Lemons</strong>, CEO of Alapocas Investment Partners, Reports Significant Sales and New Holdings in Q2 2026 Portfolio

As part of their regular reporting requirements, David Lemons, a portfolio manager at Alapocas Investment Partners, has disclosed his investment activities for the period ending June 30th, 2026. This filing provides insight into significant changes made by this insider during Q2.

Lemons significantly reduced exposure in several sectors through sales during this quarter:

• He sold shares of Alphabet Inc. (GOOG) and Amazon.com Inc. (AMZN), both in the Consumer Cyclical sector, reducing their portfolio allocations.
• The sales resulted in substantial percentage decreases for these holdings: Alphabet saw a -36.04% change from the previous period, while Amazon experienced a -27.36% reduction.
• Similarly, Lemons divested shares of Visa Inc. (V) in Financial Services and Mastercard Inc. (MCO) in the same sector, also indicating significant reductions (-18.38% and -25.55%, respectively).
• He also sold shares of Align Technology Inc. (ALGN) in Healthcare, reducing its allocation by a notable -35.73%.
• The total portfolio value reported as of June 30th is $102,445,927, reflecting these changes and others across the investment landscape.

Concurrently, Lemons established new positions or increased existing ones with:

• Copart Inc. (CPRT) in the Industrials sector.
• He also invested significantly in Invesco Exchange Traded Fund TR II (PZA), which saw a +100% increase from prior period holdings, adding it to his portfolio allocation.

In addition to these primary changes, Lemons made several other adjustments:

• He sold shares of QUALYS Inc. (QLYS) and TJX Cos., Inc. (TJX), which are also in the Consumer Cyclical sector.
• There was a reduction in holdings of The Buckle Inc. (COST) and Danaher Corporation (DHR) in Healthcare, though these were not among the top five changes.
• He also disposed of his position in TREX Co. Inc. (TREX) and Adobe Inc. (ADBE). The sale of Adobe shares was particularly significant, showing a -78.09% change.
• These changes resulted in exits from several previously held positions and adjustments to his sector allocations across the board.

Lemons' portfolio now holds 25 stocks with a total value of $102,445,927 as of June 30th. The top five holdings by weight account for approximately 56.62% of his portfolio (GOOG: 16.31%, AMZN: 12.65%, AAPL: 10.99%, V: 10.01%, QLYS: 5.8%).

For more detailed information on David Lemons' investment activities, you can review the full filing at Alapocas Investment Partners' profile page. To explore his holdings in specific companies like Alphabet Inc. (GOOG) or Amazon.com Inc. (AMZN), visit their respective pages on Insiderset.