Hoey Investments Portfolio Shifts in Q2 2026: Focus on Tech Buys and Sells
Hoey Investments Inc. significantly adjusted its portfolio during Q2 2026, increasing holdings in high-growth sectors like Technology while reducing exposure to others.
As of June 30th, 2026, Hoey Investments Inc.'s portfolio totals $755 million, reflecting strategic adjustments this quarter. The investment firm appears focused on specific growth areas and risk management.
Prominent Technology Purchases
Hoey Investments demonstrated a clear preference for high-growth technology stocks in its latest filing. Notably, the fund increased its position in MU (Micron), acquiring an additional 15,438 shares (+593.77%). This substantial increase suggests confidence in Micron's prospects.
Additionally, the fund boosted its stake in NVDL (GraniteShares Ethereum Yield ETF), adding 46,519 shares (+105.17%). This significant purchase points to an interest in crypto-related financial products.
Furthermore, Hoey Investments allocated capital towards ARM (Arm Holdings PLC), increasing its holdings by 7,359 shares (+111.75%). The firm also showed interest in MRVL (Marvell Technology) and the NVDL ETF, indicating a focus on specific technology niches.
Selective Reductions in Tech Holdings
Despite overall interest in Technology, Hoey Investments also reduced its exposure to certain tech stocks this quarter. The firm sold shares of META (Meta Platforms), decreasing the position by 19.9%. This reduction likely reflects a strategic rebalancing or profit-taking decision.
Similarly, there was a decrease in holdings of PLTR (Palantir Technologies), with the position dropping by 17.43%. The fund also shed shares from MSFT (Microsoft) (-4.62%) and AAPL (Apple) (+5.88%), though the latter saw an increase in percentage terms.
Other Notable Changes
The portfolio also reflects changes outside of Technology. Hoey Investments added a small position to BAC (Bank of America), increasing its allocation by 0.84%. This could indicate diversification into financial services or specific views on the banking sector.
Conversely, the fund exited positions in several companies this quarter including UBER (Uber Technologies), which saw a massive reduction of 97.12% in its allocation.
Overall Portfolio Context
The portfolio's total value stands at $755 million as of June 30th, 2026. Technology remains the dominant sector with approximately 54.39% allocated to it according to Hoey Investments' latest filing.