Hoertkorn Richard Charles Portfolio Shifts in Q2 2026
This quarter, Hoertkorn Richard Charles significantly adjusted his portfolio with notable purchases of PYPL and CBRE alongside substantial sales of XOM.
For the period ending June 30th, 2026 (Q2), Hoertkorn Richard Charles, managing a substantial portfolio valued at $114.7 million as of that date, made several noteworthy changes to his holdings.
The investor's Technology sector saw increased focus through purchases in PYPL and NVDA, while also adding exposure to Real Estate via both CBRE (GROUP INC) and CBRE (CARRIER GROUP). These additions reflect targeted growth strategies within these sectors.
In stark contrast, the Energy sector experienced significant exits. The investor sold nearly all of his shares in XOM, a change of -88.19%, and also reduced his position in Kinder Morgan significantly with a 2.56% decrease (though the allocation remains substantial at 3.83%).
Within Financial Services, there was notable activity beyond Technology allocations. The investor sold a large portion of Ford Motor Company's stock (F) and also made significant additions to PYPL and a small position in DNP Select Income Fund (DNP). Conversely, he sold shares of Exxon Mobil (XOM) and exited positions in several other stocks.
Other sectors also saw adjustments. In Industrials, the investor notably increased his position in BA, acquiring shares that pushed its allocation up by 19.01%. Energy also included a decrease in Devon Energy (DVN). Technology saw an increase in NVIDIA (NVDA) and incremental changes to other tech stocks like AAPL and MSFT, though the latter two saw slight decreases.
The overall portfolio shows a dynamic approach to investing, with Hoertkorn Richard Charles clearly prioritizing certain growth areas while strategically exiting positions in declining or less favored sectors during this quarter. The changes indicate active management and responsiveness to market conditions.