<strong>Kamunting Street Capital</strong> Q2 2026 Portfolio Activity: Significant Shifts in Energy, Technology & Consumer Stocks
Kamunting Street Capital Management's portfolio saw notable changes this quarter with substantial increases in holdings like EPD and TSM alongside significant reductions in positions such as ET and CNC.
Kamunting Street Capital Management has released its latest portfolio data for the period ending June 30, 2026. The fund's total value stands at $176.86 million as of this date.
Energy Sector Dominance with EPD Increase
The Energy sector remains a cornerstone of Kamunting Street Capital Management's portfolio strategy, accounting for approximately 33.45% allocation based on the most recent filing data. Within this category, Enterprise Products Partners L.P. (EPD) stands out as the fund's largest position holder with a 16.61% allocation.
This quarter has seen EPD experience significant growth in its share count, increasing by 807,258 shares compared to the previous period—a rise of about 21.76%. The total stock value for this position reached $29.68 million, up from prior levels.
Energy Sector Reductions: ET and Others
Despite the Energy sector's prominence, Kamunting Street Capital Management also reduced exposure in certain energy-related stocks during Q2 2026. A notable example is Energy Transfer L.P. (ET), which saw its share count decrease by over 211,468 shares (-13.08%) and now holds a portfolio allocation of 15.04%.
The fund's position in Centene Corp Del (CNC) also experienced substantial reduction this quarter, with the share count dropping by -45,000 shares (-26.47%). This change reflects a shift away from healthcare stocks like CNC.
Technology Investments: TSM and NVDA
The Technology sector allocation increased slightly to 21.49% for the quarter ending June 30, 2026. Taiwan Semiconductor Manufacturing Co. (TSM) is a key player in this area with an 8.86% stake.
This position saw strong growth through the quarter, with TSM share count increasing by over 10,190 shares (+44.42%) and total stock value reaching $15.82 million. The fund also added to its holdings in NVIDIA Corporation (NVDA), acquiring an additional 10,000 shares while the position allocation grew from 5.6%.
Significant Buys: META, CEG, ACN
Kamunting Street Capital Management demonstrated active buying behavior this quarter by establishing new positions or significantly increasing existing ones in several high-profile stocks.
- META PLATFORMS INC (formerly Facebook) saw its stake increase substantially, with an additional 10,000 shares purchased (+66.67%) and now represents a portfolio allocation of 7.88%.
- CONSTELLATION ENERGY CORP experienced a doubling in its share count, acquiring an additional 40,000 shares (+100.0%) to reach a portfolio allocation of 5.56%.
- ACCENTURE PLC was added with an initial purchase of 50,000 shares (+100.0%) allocation.
Significant Sells: GOOGL and VST
The fund also showed a willingness to exit positions this quarter, particularly in large holdings like Alphabet Inc (GOOGL).
- ALPHABET INC saw its stake reduced by -45,000 shares (-69.23%) this quarter.
- The fund also sold all of its holdings in Virgin Galactic (VST), which completely exited the position previously held.
Additional Changes and Diversification
Beyond the major shifts, Kamunting Street Capital Management made several other adjustments to its portfolio this quarter. The fund acquired shares of PDD Holdings Inc (PDD) at a 100% increase in share count (+40,162%) but with a relatively small allocation impact.
Conversely, the fund sold all its holdings in iShares Bitcoin Trust ETF (IBIT), reducing its exposure to cryptocurrency-related investments. The portfolio now includes positions across various sectors including Consumer Cyclical and Communication Services.