Eric H. Schoenstein Q2 2026 Portfolio Activity: Major Sales, Selective Buys
Jensen Investment Management's Eric H. Schoenstein significantly reduced holdings in GOOGL and MSFT while increasing exposure to KLAC and other stocks during the second quarter of 2026.
Eric H. Schoenstein's Q2 Portfolio Shifts
The Jensen Investment Management portfolio overseen by Eric H. Schoenstein showed significant activity during the second quarter ending June 30, 2026.
Major Sectors and Top Holdings Overview
This period saw substantial allocations maintained primarily in Technology (39.25%), Healthcare (14.95%), Consumer Cyclical (9.98%), Industrials (9.46%), and Financial Services (8.72%). The portfolio's total value stood at approximately $4.1 billion.
Notable Sales Observed in Q2
The most significant selling activity involved Alphabet Inc Class A (GOOGL), with a reduction of 651,923 shares (-44.99%) from the previous quarter. This substantial decrease was followed by sales in Microsoft Corp (MSFT) and Apple Inc (AAPL). Eric H. Schoenstein sold 433,865 shares of MSFT (-37.05%), significantly trimming its position, while also reducing AAPL holdings by 734,972 shares (-46.05%).
Other sales included a reduction in Meta Platforms Inc (META) by 231,691 shares (-67.92%) and Equifax Inc (EFX) with the sale of 412,551 shares (-52.68%). Additionally, there were decreases observed in Broadridge Financial Solutions (BR), selling 475,658 shares (-55.58%), and Stryker Corp (SYK) where sales accounted for a -15.32% change.
Significant Purchases During Q2
In contrast to the heavy selling, Eric H. Schoenstein also made notable purchases during this quarter. KLA Corporation (KLAC) saw its largest increase in shares, with a purchase of 624,759 new shares (+377.2%) adding significantly to the portfolio.
Other substantial buys included Cadence Design Systems Inc (CDNS), acquiring 197,306 additional shares (+39.0%), Eli Lilly & Co (LLY) with a +48.0% increase in position size, and Amphenol Corp (APH) which experienced a +172.74% change due to buying activity.
Additional Changes and Portfolio Insights
The portfolio also reflected changes elsewhere, including the addition of Apple Inc shares (+60.38%) despite their high allocation percentage, though this was likely an increase from a lower base level previously sold down upon.
In terms of turnover, Eric H. Schoenstein's strategy involved substantial position adjustments throughout the quarter, with significant selling activity noted across several holdings and large purchases in select sectors like Technology (KLAC) and Consumer Cyclical (TJX).