J. L. Bainbridge & Co. Q2 2026 Portfolio Shifts: Key Buys and Sells

As reported by J. L. Bainbridge & Co., Inc., the portfolio saw significant adjustments during Q2 2026, reflecting strategic decisions across various sectors and stock positions.

The investor demonstrated a clear preference for substantial increases in certain holdings this quarter:

• BX experienced an enormous increase of approximately 72.16% in its position, adding over 200k shares to the portfolio.
• Blackstone Inc., symbol BX, remains a major holding with nearly $63 million invested as of June 30th.
• Several preferred ETFs showed dramatic growth: FPE (First Trust Preferred Securities & Income ETF) increased by 100%, adding all its current holdings; similarly, institutional versions FPEI and JBND also saw their positions fully replenished this quarter.
• New positions were initiated in small-cap stocks like Agilent Technologies Inc. (A) and the Vanguard Information Technology ETF (VGT). These additions signal interest in smaller market cap opportunities.

In contrast, J. L. Bainbridge & Co., Inc. divested a significant portion of its portfolio during Q2:

• The largest exit was from Delta Air Lines Inc. (DAL), which saw nearly 93% of its position liquidated, removing over 350k shares.
• Netflix (NFLX) also saw a substantial reduction in holdings, though not as drastic as Delta's exit.
• The overall portfolio value stood at $1.19 billion (approximately) as of June 30th.

These changes suggest the investor is actively managing its exposure to large-cap technology and cyclical stocks while also allocating capital towards smaller companies and preferred securities.

The portfolio's sector allocation remains heavily concentrated in Technology, Communication Services, Financial Services, Consumer Cyclical, and Healthcare. However, specific stock movements indicate a nuanced approach within these sectors.

For further details on the investment strategy of J. L. Bainbridge & Co., Inc., please refer to their filings. Detailed information about individual holdings like Apple (AAPL) or the ETFs mentioned can be found on respective stock pages.