Doheny Asset Management Q2 2026 Portfolio Activity: Strategic Buys and Sells

Investor Portfolio Changes: Key Insights for Q2 2026

Doheny Asset Management's portfolio underwent several notable adjustments during the second quarter of 2026, as reflected in their latest filing. The analysis focuses on observable changes based on share movements and new/old positions.

Strategic Acquisitions This Quarter

Doheny Asset Management demonstrated significant buying activity this quarter by increasing its stake in several companies:

• Doheny Asset Management added a substantial position to Berkshire Hathaway Class B (BRK-B), acquiring an additional 2,962 shares. This represents one of the BRK-B positions highlighted in their significant buys list.
• The firm significantly boosted its holdings in Agnico Eagle Mines Ltd F (AEM), acquiring an additional 1,742 shares. This move increased the stock's allocation to 2.76% of the portfolio and was noted as a significant buy.

Furthermore:

• Doheny Asset Management initiated new positions in several companies, including the significant buy Coeur Mining Inc (CDE) and Intel Corp (INTC). CDE saw a massive 126% increase in shares held by Doheny, while INTC experienced a full 100% position build-up.

Notable Reductions and Exits

In contrast to the buying activity, Doheny Asset Management also showed significant selling or reducing positions in others:

• The firm substantially reduced its stake in Amazon.com Inc (AMZN), decreasing holdings by 900 shares. This resulted in a portfolio allocation drop from 10.48% to 4.36%, though it remains one of the top positions.
• Doheny Asset Management sold all remaining shares of Equinix Inc (EQIX) entirely during this period, as evidenced by its exit from the position and a portfolio allocation reduction back to zero for Real Estate stocks.

Additionally:

• Doheny Asset Management significantly decreased its holdings in Pepe Inc (PEP), reducing the position by over half (-6,192%) and exiting a substantial portion of their stake.
• The firm also sold off shares in T-Mobile US Inc COM (TMUS) during this quarter, representing one of two stocks they exited entirely according to their disclosed exit list.

Portfolio Context: Technology and Healthcare Dominance

Doheny Asset Management's portfolio continues to be heavily concentrated in the Technology sector, which accounts for 10.48% of their total holdings as of June 30th, 2026. This allocation is slightly lower than the overall portfolio's Technology weighting of 41.8%, suggesting diversification within this large sector.

The firm also maintains a strong position in QUALCOMM, holding approximately 15,000 shares valued at $2,755. However, the Technology allocation within their portfolio saw changes this quarter.

Overall Portfolio Dynamics

The overall portfolio value stood at $74,373 as of June 30th, 2026. The investor holds a total of 30 stocks across various sectors including Technology (41.8%), Healthcare (16.3%), Financial Services (10.21%), Consumer Cyclical (10.11%), Basic Materials (8.58%), and others.

The changes observed in Q2 reflect a dynamic investment strategy focused on specific opportunities within sectors like Agnico Eagle Mines and Basic Materials (CDE). Conversely, they are exiting positions in sectors like Consumer Defensive (Pepperidge Farm) and Communication Services (T-Mobile).