Fishman Jay A Ltd/Mi Portfolio Changes Q2 2026: Strategic Shifts in Tech, Industrials and Financials

As reported in the latest filing dated June 2026, Fishman Jay A Ltd/Mi's portfolio experienced notable shifts during this quarter. The investor maintained a diverse holding base, with Technology and Communication Services remaining dominant sectors.

Among the most significant activities were substantial purchases in several key areas:

• SCHW: Charles Schwab Corporation saw an impressive increase of over 100% in shares held by this investor, adding approximately 71k shares. This is a strong signal for the investor's confidence in the financial services sector.
• AVGO: Broadcom Inc experienced a massive share buy, with an increase of nearly 98%. The addition of around 5.8k shares suggests significant optimism towards this technology stock.
• VO: Vanguard Mid-Cap ETF gained approximately 300% in terms of position change percentage, adding about 7.7k shares to the portfolio. This indicates a substantial allocation increase into mid-cap stocks by this investor.

The Technology sector remains heavily weighted at around $412 million (32.75%), with several notable movements:

• AAPL: Apple Inc maintained its position as the largest holding, but saw a slight reduction of about 1.8% in shares held by this investor.
• QXO: QXO INC COM NEW gained nearly 30% more shares during the quarter, adding approximately 362k shares to its $27 million position ($2.17% of portfolio).
• RDDT: Reddit Inc saw an increase in allocation from less than 1% to about 2%, following a nearly 50% share gain.

In the Communication Services sector, which accounts for roughly $232 million (18.45%) of the portfolio:

• META: Meta Platforms Inc CL A saw an increase in shares held by this investor.
• TWTR is not explicitly listed, but similar to TWI (Titan International) which experienced a small decrease despite being in the same sector group as Communication Services stocks like META and AAPL.

The Financial Services allocation increased slightly during Q2 2026:

• SCHW: Charles Schwab Corporation gained significantly, adding over 100% in shares held by this investor.
• BX: Blackstone Inc saw a modest increase of about 1.23%, with the addition of approximately 4k shares to its $42 million position ($3.37%).

Meanwhile, in the Industrials sector:

• XPO: XPO Inc saw a significant reduction.
• VRT: VERTIV HOLDINGS CO COM CL A experienced a large decrease of about 13.38% in shares held by this investor, shedding roughly 23k shares from its $50 million position ($4%).

Other sectors also showed changes:

• PFE: Pfizer Inc saw a substantial reduction of about 26.5% in allocation.
• LEN: Lennar Corporation experienced a significant sale, reducing its position by half (from $723k to $361k) and exiting the top holdings list entirely.
• CEG: Constellation Energy Corp saw a moderate reduction of about 22.24% in shares held by this investor, slightly decreasing its allocation percentage.

The overall portfolio shows active management with changes across multiple sectors and stocks during Q2 2026.