King Luther Capital Management Corp Q2 2026 Portfolio Changes
King Luther Capital Management Corp reported significant portfolio adjustments for the quarter ending June 30, 2026. The firm increased its holdings in several sectors while reducing exposure to others.
King Luther Capital Management Corp's portfolio saw notable changes during Q2 2026 (ending June 30). Overall, there was activity across various sectors as the investment manager adjusted its positions based on market dynamics and performance.
Significant Energy Sector Acquisition
The most prominent purchase in this quarter involved DEVON ENERGY CORP NEW (DVN). King Luther Capital Management Corp acquired a substantial number of shares, representing an increase of over 700% in their position during the period. This significant buying activity suggests strong confidence or strategic interest in the Energy sector.
Technology Sector Reductions
In contrast to the energy gains, King Luther Capital Management Corp significantly reduced its Technology holdings. Key examples include TETRA TECH INC NEW (TTEK), where they sold shares resulting in a nearly 68% reduction (-1216305 shares). Similarly, positions like ORACLE CORP (ORCL) and TRIMBLE NAVIGATION LTD (TRMB) saw substantial decreases in allocation (-35.48% and -10.4%, respectively), indicating a strategic shift away from this sector.
Broad Portfolio Activity
The investment firm demonstrated active management throughout its portfolio, not just limited to Technology or Energy. This quarter featured significant buying activity in other areas as well:
- FMC CORP (FMC) saw an increase of over 400% (+856683 shares).
- NEOGEN CORP (NEOG), a Healthcare company, was added with a nearly 70% increase in position (+1833203 shares).
- NETFLIX INC (NFLX) experienced significant growth as well, with an approximately 27% share increase (+543936 shares) and a corresponding rise in portfolio allocation to 0.74%.
Conversely, the firm also sold considerable positions outside Technology:
- IEX, listed as a significant sell symbol, was divested.
- ROP and DD were also notable exits according to the disclosed indicators.
Detailed Changes Across Holdings
The following table provides a detailed breakdown of King Luther Capital Management Corp's changed holdings for Q2 2026:
| Symbol | Stock Name | Sector | Change in Shares | % Change in Shares |
|---|---|---|---|---|
| DVN | DEVON ENERGY CORP NEW (DVN) | Energy | +4,446,509 | +776.51% |
| TTEK | TETRA TECH INC NEW (TTEK) | Industrials | -1,216,305 | -68.12% |
| FMC | FMC CORP (FMC) | Basic Materials | +856,683 | +408.71% |
| NEOG | NEOGEN CORP (NEOG) | Healthcare | +732,525 | +66.55% |
| NFLX | NETFLIX INC (NFLX) | Communication Services | +543,936 | +27.41% |
| IEX | (IEX) | Unknown (Significant Sell) | - | - |
These changes reflect the firm's dynamic approach to portfolio management, with substantial buying in Energy and other sectors offset by significant selling activities.
Key Portfolio Indicators for Q2
The overall portfolio adjustments resulted in several key indicators:
- The total number of holdings remained high at 594 stocks.
- The top five positions accounted for approximately 24.8% of the total portfolio value, slightly lower than previous periods.
- Holdings were spread across multiple sectors, totaling 11 distinct categories, with Technology remaining a major allocation at around 27% pre-adjustment.
The firm also exhibited activity in both large purchases and large sales during the quarter. For further details on King Luther Capital Management Corp's portfolio changes, please visit their profile here.