Kimelman & Baird Portfolio Changes in Q2 2026

As of June 30, 2026, Kimelman & Baird, Llc has shown active management in its investment portfolio through observable changes. The firm engaged in both strategic buying and selling activities during the second quarter.

Prominent Purchases This Quarter

Kimelman & Baird demonstrated significant interest in certain stocks by increasing their holdings substantially. Notable purchases include:

• Enphase Energy (ENPH), a Technology company, saw its stake increase dramatically by over 1062% in terms of shares acquired.
• Shares in Netflix Inc. (NFLX), part of the Communication Services sector, also increased significantly during this period.
• The firm added shares to Utz Brands (UTZ) and made a smaller purchase in ACV Auctions Inc. (ACVA).

• The firm sold a large number of shares in Walt Disney Co. (DIS), which experienced nearly a 97% reduction in holdings.
• Shares in the popular consumer goods company, Nike Inc. (NKE), were also significantly reduced by Kimelman & Baird.

Tech Sector Dynamics

The Technology sector, which holds a substantial 22.27% allocation in the portfolio, saw mixed activity from Kimelman & Baird this quarter:

• While there was a significant increase in holdings of Enphase Energy (ENPH), other major Technology positions like Marvell Technology (MRVL) and Apple Inc. (AAPL) experienced modest reductions.
• The firm also purchased shares of International Business Machines Corp. (IBM), adding to its Technology exposure, albeit in a smaller position.

Financial Services Portfolio Adjustments

In the Financial Services sector, which accounts for 18.66% of Kimelman & Baird's portfolio, notable changes occurred:

• The firm sold a considerable portion of its holdings in Bank of America Corp. (BAC), reducing the stake by approximately 0.75%.
• JPMorgan Chase & Co. (JPM) also saw a slight reduction in its allocation, though not as dramatic as some other sales.

Overall Portfolio Shifts

Kimelman & Baird's actions this quarter resulted in several portfolio shifts:

• The firm exited positions that were previously part of its top holdings, including notable reductions in Nike Inc. (NKE) and Walt Disney Co. (DIS). These exits contributed to the overall portfolio turnover.
• Conversely, new positions like Enphase Energy (ENPH) were added, increasing their allocation from a negligible amount to over half a percent of the total portfolio value.