Fagan Associates Portfolio Shifts: Significant Buys and Holds in Q2 2026
Fagan Associates Inc. saw substantial changes to its portfolio this quarter, highlighted by a major increase in ProShares TR ETF (NOBL) and adjustments across various sectors.
As of June 30th, 2026, Fagan Associates Inc.'s investment strategy continued to evolve within their $804.3 million portfolio. The firm demonstrated significant buying activity this quarter, most notably in the ProShares TR ETF (NOBL), where they increased holdings by a staggering 97.31%. This substantial allocation shift towards NOBL suggests confidence in its underlying exposure or performance characteristics during this period.
Other notable additions were observed across different sectors. Fagan Associates boosted their position in J P Morgan Exchange Traded Fund (JCPB) by 8.78%, indicating an interest in financial services exchange-traded products. Similarly, they significantly increased holdings of Palantir Technologies Inc. (PLTR), raising the allocation from its previous level to 1.89%. Furthermore, Netflix Inc. (NFLX) saw a substantial jump in Fagan's portfolio with an 88.32% increase in shares held.
Conversely, the investor maintained positions in several large-cap technology companies like Alphabet Inc. (GOOGL), Advanced Micro Devices Inc. (AMD), Apple Inc. (AAPL), Microsoft Corp. (MSFT), and NVIDIA Corporation (NVDA). While these core holdings saw slight reductions or remained stable compared to their prior period allocations, they still represent significant portions of the portfolio.
In terms of sales activity during this quarter, Fagan Associates reduced their stake in Chevron Corporation (CVX) by 21.5%. This decrease slightly lowered CVX's allocation within the $804 million portfolio. No other substantial sell-offs were disclosed for major holdings or sectors based on the available data.
Looking at sector allocations, Fagan Associates maintained a diversified approach despite recent shifts. Technology remains their largest sector exposure (26.89%). Communication Services and Financial Services followed closely behind. Consumer Cyclical allocation increased slightly to 5.94%%, while Energy decreased marginally from its previous quarter weighting.
The overall portfolio shows a high level of turnover this reporting period, with 111 holdings changing significantly according to the disclosed metrics. This indicates an active management style focused on capitalizing on market movements and sector trends as they unfold throughout Q2 2026.