Liontrust Investment Partners Q2 Activity: Focus on Tech Buys, Energy Sells
Liontrust Investment Partners' portfolio saw significant changes during the second quarter of 2026. The fund increased its holdings in several major tech companies like TSM and AVGO while reducing exposure to others such as Microsoft.
Liontrust Investment Partners Llp has reported notable shifts in its investment strategy for the period ending June 30, 2026. According to filings from Liontrust IP, the fund demonstrated active buying and selling patterns across various sectors.
The investor's portfolio saw substantial purchases in several key areas. In Technology, TSM experienced a significant increase of 245% in its share count from the prior period (TSM). Similarly, AVGO grew by 152%, and WAT (Waters Corp) saw an astronomical jump of over 6000% in its portfolio allocation (WAT). These moves suggest confidence in the semiconductor manufacturing giant and related tech infrastructure providers.
Additionally, Liontrust IP initiated new positions or increased existing ones with other notable stocks. The Utilities sector saw a major buy in EXCELON CORP (EXC) which more than tripled its holdings from the previous quarter (3112% increase). Consumer Defensive gained through SPROUTS FARMERS MARKET INC (SFM). Even in niche areas, Technology saw a purchase of AURORA INNOVATION INC CLASS A (AUR) and SHOPIFY SUBORDINATE VOTING INC CLA (SHOP). The fund also invested in HESAI AMERICAN DEPOSITARY SHARE EA (HSAI) and BARRICK MINING CORP (B), indicating interest in the Consumer Cyclical and Basic Materials sectors respectively.
Conversely, Liontrust IP also showed clear selling activities during this quarter. The Technology sector suffered notable exits with MICROSOFT CORP (MSFT) seeing a substantial reduction of 78% in its portfolio allocation. DEUTSCHE BANK AG (DB), despite being a core holding, experienced a moderate decrease (6.34%) but remained one of the largest positions at 3.02%. Other significant reductions were observed in stocks like PTC INC (PTC) and NEWMONT (NEM).
The overall portfolio allocation reflects these changes. Technology remains the dominant sector, accounting for 27.84% of the total value, followed by Healthcare at 16.18%. Financial Services and Industrials round out the top four allocations. The fund's actions highlight a dynamic approach to managing its holdings.
In summary, Liontrust Investment Partners Llp actively reshaped its portfolio in Q2 2026. Key purchases were made in TSM, AVGO, WAT, EXC, and other sectors like Consumer Defensive and Technology (AUR, SHOP). Simultaneously, the fund sold off positions in MSFT, DB, PTC, etc., showing a clear preference for certain growth areas while reducing exposure to others. For detailed holdings data, please refer to Liontrust IP's official disclosures.