Disciplined Growth Investors' Portfolio: Focus on Tech Giants
Fred Martin's portfolio for Disciplined Growth Investors, as of March 31, 2026, is heavily concentrated in high-value technology and energy stocks.
Top Holdings Analysis
Fred Martin's portfolio, managed by Disciplined Growth Investors, shows a clear preference for technology and energy sectors as of March 31, 2026. The largest holding by value is Garmin Ltd (GRMN), accounting for approximately $308.9 million, representing 6.32% of the total portfolio. This is followed by Plexus Corp (PLXS) at $302.7 million (6.19%) and Everpure Inc (PSTG) at $275.5 million (5.64%).
Portfolio Concentration
The portfolio demonstrates significant concentration, particularly in the Technology sector. Garmin Ltd (GRMN) alone represents a substantial allocation, while other major holdings like Plexus Corp (PLXS), Everpure Inc (PSTG), and Viasat Inc (VSAT) further emphasize this tilt. Notably, the portfolio also holds significant exposure to Energy sector companies, including Expand Energy Corporation (CHK) and Coterra Energy Inc (CTRA).
Recent Changes and Strategy
Disciplined Growth Investors appears to be actively managing the portfolio, with several holdings showing reductions in shares over the prior period. Garmin Ltd saw a decrease of 4.86%, while Plexus Corp experienced a 6.05% reduction. Other significant decreases include Everpure Inc (-4.71%), Expand Energy (-6.92%), Cogentix Medical Holdings (CGNX) (-7.16%), and Semtech Corp (-21.22%). These reductions, coupled with the focus on large-cap technology and energy names, suggest a strategy of rebalancing and potentially capitalizing on existing positions while strategically reducing exposure in certain areas.
The strategy seems to favor established technology companies alongside energy firms, indicating a blend of growth and perhaps cyclical exposure. The consistent reduction in shares across multiple holdings points towards a disciplined approach to portfolio management, possibly aiming to lock in gains or adjust risk profiles based on market conditions.
Sector Allocation Insights
Technology is the dominant sector in this portfolio, encompassing several of the largest holdings. Garmin Ltd, Plexus Corp, Everpure Inc, Viasat Inc, Cognex Corp, and Akamai Technologies are all classified under Technology, contributing significantly to the sector allocation. Energy is the second largest sector, with holdings in Expand Energy and Coterra Energy. The portfolio does not appear to have substantial diversification across other sectors, highlighting its concentrated nature.