Kepler Cheuvreux Q2 2026: Strategic Portfolio Shifts
Kepler Cheuvreux (Suisse) SA's portfolio saw significant changes in the second quarter of 2026, marked by substantial buying activity and notable selling pressure.
As reported for the period ending June 30th, 2026, Kepler Cheuvreux (Suisse) SA has demonstrated active management within its investment portfolio. The firm registered significant increases in its holdings of several prominent stocks.
The most notable purchase during this quarter was APPLE INC (AAPL). Kepler increased its shares by a substantial 85937 units, representing a nearly 54% jump from the previous period (AAPL). This buying activity also contributed to AAPL's portfolio weight increasing slightly this quarter.
Other significant buys included ABBVIE INC (ABBV) and KLA-TENCOR CORP (KLAC). For ABBV, Kepler acquired 76431 more shares, boosting its allocation by over 50%. Similarly, KLAC saw a massive increase of 944.97% in the quarter due to acquiring 148975 new shares (KLAC). ENBRIDGE INC (ENB) and VERIZON COMMUNICATIONS INC (VZ) also showed strong buying interest from Kepler, with significant percentage increases in their respective holdings.
Kepler Cheuvreux's investment strategy appears diversified across various sectors. Technology remains a core focus, evidenced by the large allocations to AAPL, NVIDIA CORP (NVDA), and CSCO (Kepler Cheuvreux Suisse SA). The firm also maintains positions in Healthcare, highlighted by the purchase of PFIZER INC (PFE) shares. Furthermore, Financial Services and Energy sectors feature prominently in their portfolio adjustments.
In contrast to the buying activity, Kepler registered substantial selling moves during Q2 2026. Several companies experienced significant reductions or even exits from the portfolio. For instance, TELUS INTERNATIONAL LTD (TT) saw a complete exit as shares held by Kepler decreased by over 94% (TT). Other notable sellers include VISA INC (V), SUN LIFE FINANCIAL INC (SLF), and KINDER MORGAN INC (KMI, which actually saw a large increase but was exited from the portfolio weighting perspective).
The selling pressure was also evident in companies like MICROSOFT CORP (MSFT) and LAM RESEARCH CORP (LRCX). Kepler sold shares of MSFT (MSFT) and reduced its stake significantly in LRCX. The firm also divested positions in other companies like AUTOMATIC DATA PROCESSING (ADP) and ROYALTY PHARMA PLC (RPRX), although RPRX was newly added.
Overall, Kepler Cheuvreux's Q2 2026 activity suggests a dynamic approach to portfolio management. The firm focused on acquiring shares in high-growth areas like Apple, AbbVie, and KLAC, while strategically reducing exposure in certain sectors or specific companies like TT.