Franklin Street Advisors Inc Q2 Portfolio Changes: Technology Buys and Consumer Cyclical Sales
Analyzed portfolio changes for Franklin Street Advisors Inc (Q2 2026) based on insider filing data. Focuses on significant stock purchases, sales, sector shifts, and overall investment strategy.
Franklin Street Advisors Inc has released its Q2 2026 portfolio activity report, providing insights into the changes made by this registered investment advisor during the period ending June 30th.
The firm's current holdings are dominated by Technology stocks, including major positions in APPLE INC COM (AAPL) and MICROSOFT CORP (MSFT), which together represent significant allocations. Other key sectors include Consumer Cyclical, Healthcare, Financial Services, and Energy.
This quarter saw notable buying activity concentrated in the Technology sector. Franklin Street Advisors significantly increased their position in MICRONTECHNOLOGY (MU)", adding over 35,000 shares and boosting its portfolio allocation percentage from previous levels to 2.4%. Similarly, they substantially bought into APPLIED MATERIALS INC (AMAT)", acquiring nearly 43,000 new shares, raising its stake significantly and contributing to a higher Technology sector weighting.
Other significant purchases included substantial increases in KRAFT HEINZ CO. (KHC)", acquiring over 410,000 additional shares, and LVMH MOET HENNESSY LOUIS UNSPO (LVMUY)", buying all 224,245 new shares. Additionally, the firm bought considerable amounts in CHEVRON CORPORATION (CVX)", adding nearly 109,000 shares and Kraft Heinz Co. (KHC)", acquiring over 410,000 new shares.
In contrast to the buys, Franklin Street Advisors also divested from several positions this quarter. They sold off their stake in LOWE'S COS (LOW)", reducing the position by over 35,000 shares or approximately -55.78% compared to the prior period. Similarly, they exited holdings entirely of MC DONALDS CORP (MCD)", selling all remaining shares, which decreased its portfolio allocation percentage by 0.16%. The firm also sold out positions in other stocks like DOORDASH INC CL A (DASH)", reducing the stake significantly and PALO ALTO NETWORKS INC (PANW), though PANW is listed under a different symbol in this filing summary.
The overall portfolio shows diversification across various sectors, with Technology being the largest allocation. The advisor's actions reflect an active investment strategy focused on capitalizing on perceived opportunities and managing risk by exiting certain positions during Q2 2026.