Gateway Investment Advisers Q2 Portfolio Changes: Focus on Tech, Diversified Holdings

Gateway Investment Advisers LLC has released its portfolio data as of June 30, 2026. The firm's investment strategy appears focused on the Technology sector, which accounts for approximately 37.95% of their total holdings value ($3.82 billion). This allocation is followed closely by Financial Services (11.68%) and Communication Services (9.94%).

The firm's Technology portfolio includes significant positions in NVIDIA Corporation (10.51% allocation), Apple Inc. (7.69%), and Microsoft Corporation (4.36%). Gateway also holds substantial portions of Tesla Inc. and Amazon.com Inc., though these are slightly less concentrated at 1.78% and 3.67% respectively.

In terms of observable changes during this quarter, Gateway Investment Advisers has shown activity in several sectors:

• Technology: The firm saw a decrease in shares for NVIDIA Corporation (-2.33%) and Microsoft Corporation (-4.06%). Conversely, they increased their stake in Qualcomm Inc. (small position increase) and added a new small holding of Cisco Systems Inc..
• Communication Services: Gateway exited its entire position in Lumen Technologies Inc.. They also reduced their stake significantly in Alphabet Inc. (-10.28%) and added a small position to Meta Platforms Inc..
• Consumer Cyclical: Gateway divested from its entire stake in Dow Inc.. They also reduced their position in Tesla Inc. (-0.66%) and decreased holdings slightly in Amazon.com Inc..

The firm also engaged with other sectors:

• Financial Services: Gateway exited its position in Bank of America Corp.. They significantly reduced their stake in Charles Schwab Corp. (-95.97%) and increased it slightly for First Horizon Corporation.
• Healthcare: Gateway divested from its position in Moderna Inc.. They also decreased their stake slightly in Consolidated Edison Inc. (-67.48%) and added a small holding to AES Corp..
• Industrials: Gateway exited its position in American Airlines Group Inc. (AAL).
• Utilities: Gateway divested from its position in Consolidated Edison Inc..

The portfolio data indicates a dynamic approach with both buying and selling activities occurring. The firm added new small positions to several companies including JOBY Aviation (G65163100), Lucid Group Inc., STX Entertainment Corp, KMB Minerals & Co Ltd., and KLAC Colony Capital Inc. Simultaneously, they sold or reduced positions in notable companies like GE Oil & Gas (part of General Electric), Qualcomm Inc., CCI Coalco Inc, AFG American Financial Group Services Corp, and others as listed in the portfolio indicators section.