Lummis Asset Management LP Q2 2026 Portfolio Activity: Significant Buys and Sells Observed

Portfolio Shifts at Lummis Asset Management LP

Lummis Asset Management LP saw changes across its portfolio holdings during the second quarter of 2026. The firm's activity report highlights specific instances where shares were increased, decreased, or new positions initiated.

Notable Purchases Observed in Q2

The analysis indicates Lummis Asset Management LP engaged in several purchases during this period:

• SCHW experienced a significant increase of 7,632 shares (representing a +76.37% change from the previous quarter), adding substantial value to its position.
• RTX saw an increase of 2,690 shares (a +28.64% share change). This was the largest percentage increase in shares held by Lummis among all stocks analyzed.
• Possible purchase activity is also noted for other symbols mentioned in the portfolio indicators ('VWO', 'AMAT', 'GEV'), although specific details from this period are not provided in the changed holdings data. Further research would be needed to confirm these potential acquisitions.

Significant Sales and Reductions

Lummis Asset Management LP also divested substantial portions of its portfolio during Q2:

• GOLF was sold completely, reducing the firm's stake by -90.22% from the previous quarter.
• VPL saw a drastic reduction of -137 shares (from its prior period position), resulting in a nearly complete exit (-96.75%) from this holding.
• Possible sale activity is indicated for other symbols listed ('DD', 'EW') in the indicators, but specific data points are not included here.

The firm also reduced its positions on several existing holdings:

• DVN saw a reduction of -10,254 shares (-27.61%) during the quarter.
• AMRZ, despite an increase in shares (+9,500), showed a decrease in value allocation percentage from last period (-34.74%) based on current data.
• MTDR experienced a slight reduction of -1,150 shares (-1.15%).
• AAPL, Microsoft Corp (MSFT), and Ross Stores Inc (ROST) all saw share reductions of less than -2.85%, but still represent decreases.

Understanding Lummis' Q2 Activity

Lummis Asset Management LP appears to have focused its buying activity on specific sectors during Q2 2026, while strategically exiting or reducing positions in others. The firm's portfolio allocation percentages reflect these changes.

For further details on Lummis' investment strategy and performance, you can refer to their filings at InsiderSet. To explore specific stock holdings in more depth, visit the individual company pages for each ticker mentioned above.