Harry Burn's Q2 2026 Investment Activity Detailed: Significant Changes and Holdings
Sound Shore Management investor Harry Burn made notable changes in his portfolio during the second quarter of 2026, including significant additions to American Airlines Group Inc. (AAL) and Elevance Health, Inc. (ELV), alongside adjustments in several other positions.
As of June 30th, 2026, Harry Burn's portfolio managed by Sound Shore Management held a total value of $3.25 billion.
Prominent Purchases This Quarter
In the second quarter alone, Harry Burn demonstrated substantial buying activity across several sectors. Notably, American Airlines Group Inc. (AAL) saw a complete portfolio addition this period with shares increasing by 100%, representing a significant new investment.
Similarly, Elevance Health, Inc. (ELV) experienced an enormous increase of over 103% in its share count during Q2, making it one of the most prominent additions to Burn's portfolio this quarter.
Berkshire Hathaway Inc. - Class B (BRK-B), although already a top holding from previous periods, maintained its position with strong performance and allocation at 3.14% as of June 30th.
Significant Changes in Holdings
Beyond the major new positions established this quarter, Burn also made notable adjustments to existing holdings during Q2. The portfolio's largest stock by value, Southwest Airlines Co. (LUV), saw a significant increase of 21.96%.
Teva Pharmaceutical Industries Ltd. - ADR (TEVA) experienced a slight reduction in its position (-2.09%), while Pfizer Inc (PFE) added nearly 33% to its stake, highlighting continued confidence in the pharmaceutical sector.
Portfolio Dynamics and Sector Focus
The portfolio's structure as of June 30th shows a heavy concentration in Industrials and Healthcare sectors combined. The Q2 changes reflect ongoing adjustments within these key areas.
Burn also increased exposure to Technology stocks, adding positions like QXO, Inc. (QXO) which saw its share count rise by over 32% during the quarter.
Conclusion
Harry Burn's investment strategy in Q2 appears focused on capitalizing on specific opportunities within major sectors while managing other positions more modestly or strategically. The complete list of holdings and their performance metrics can be explored further at Sound Shore Management.