Garner Asset Management Corp Q2 Activity: Significant Purchases & Sales Observed
A detailed analysis reveals Garner's notable investments in emerging companies like HYLN, FPI, and BIZD alongside reductions in positions such as PNNT.
As of June 30th, 2026, Garner Asset Management Corp's portfolio reflected observable changes during the quarter. This analysis focuses on holdings that experienced significant share changes or were newly acquired.
One of the most striking activities was the initiation of new positions. HAGERTY INC (HGTY), a Financial Services company, saw its stake jump by 100% with an increase in shares purchased this quarter. Similarly, the investment trust VANECK ETF TRUST (BIZD) was added to the portfolio for the first time, representing a brand new holding acquired entirely during this period.
In addition to HGTY and BIZD, several other holdings experienced substantial growth. The position in FARMLAND PARTNERS INC (FPI) increased significantly by 326.56%, indicating strong confidence from Garner this quarter. Technology-focused exchange traded fund tracking GLOBAL X FDS (RYLD) also saw a notable increase of 15.04% in its allocation, adding another significant position.
Growth wasn't limited to new holdings; established positions also expanded. The stake in INVESCO EXCH TRADED FD TR II (BKLN) grew by 19.11%, while the position in AT&T INC (T), categorized under Communication Services, increased by a substantial 20.25%. Furthermore, holdings like RMR GROUP INC (RMR) and BP PLC (BP) also showed positive changes, albeit less dramatic than the new positions.
Conversely, Garner Asset Management Corp reduced exposure in several areas during Q2. The position in PENNANTPARK INVT CORP (PNNT), a Financial Services holding, experienced a sharp decline of -50.01% in shares this quarter. Similarly, the investment company SLR INVESTMENT CORP (SLRC)" and mid-cap financial firm "MIDCAP FINANCIAL INVSTMNT CO (MFIC) both saw reductions of -30.55% and -14.09%, respectively.
The investor also trimmed positions in other sectors, including CORNING INC (GLW) within Technology (-8.5%), and several holdings previously highlighted as top allocations like INVESCO EXCHANGE TRADED FD T (RSP), CORNING INC (GLW), and APPLIED MATLS INC (AMAT) all showed decreases in their portfolio percentages.