Immersion Corp Portfolio Analysis: Q2 2026 Investment Activity

As of June 30, 2026, Immersion Corp's portfolio value stands at $178.7 million.

The investment strategy appears focused on maintaining a strong position in the Consumer Cyclical sector, which accounts for 79.12% of the total portfolio value ($141.4 million). Barnes & Noble Education Inc (BNED) remains the dominant holding with a 78.77% allocation.

Significant buying activity this quarter is concentrated in Technology stocks, particularly BILL. Immersion Corp acquired 180,000 shares of BILL Holdings Inc at a value exceeding $6.5 million, establishing it as a new major position representing 3.64% of the portfolio.

Conversely, there is substantial selling pressure targeting specific Technology holdings and some Consumer Cyclical stocks. The investor disposed of significant portions of their positions in XPERI Inc (XPER), RIMINI STR INC DEL (RMNI), and CHILDRENS PL INC NEW (PLCE). These sales resulted in a notable reduction in the portfolio's Technology allocation, which now totals $22.6 million or 12.65%.

Specifically, RMNI saw its position reduced by over half (-52.22%), while XPER experienced an almost complete exit (-71.72%). The sale of PLCE also impacted the portfolio, reducing its Consumer Cyclical allocation slightly to 0.35%. Despite these changes, BNED and FPH (Five Point Holdings LLC) remained unchanged.

In summary, Immersion Corp's investment activity in Q2 2026 involved a major purchase of BILL stock while strategically selling off several Technology and Consumer Cyclical holdings like XPER, RMNI, and PLCE. These changes reflect an active management approach focused on specific opportunities within the market.