Montgomery Investment Management Inc Portfolio Changes: Q2 2026 Analysis

For the quarter ending on June 30, 2026, Montgomery Investment Management Inc managed a substantial portfolio valued at $324.7 million.

The firm demonstrated activity across various sectors during this period. Significant changes were observed in holdings within the Energy and Technology sectors, alongside some exits from other areas like Consumer Cyclical stocks.

Major Purchases Observed

Montgomery Investment Management Inc showed strong buying interest in several energy-related companies during Q2 2026. Notably, Permiere Resources Corp (PR)'s position increased significantly by acquiring an additional 17,400 shares, representing a nearly 58% increase in its stake.

Similarly, Riley Exploration Permian Inc (REPX) saw substantial buying activity with an increase of just over 5,000 shares. This resulted from a previous reduction in the holding.

The firm also added to its position in Atlantic Un Bankshares Corp (AUB), acquiring all 5,473 shares previously held after they were completely sold off. This suggests renewed confidence or strategic interest.

Furthermore, Alphabet Inc (GOOGL) experienced a significant increase in its holding due to Montgomery purchasing shares at an elevated rate compared to the previous period. This was one of several notable buys.

Significant Sales and Reductions

In contrast, the firm also engaged in substantial selling activities during Q2 2026. The most prominent exit involved Baytex Energy Corp (BTE), where Montgomery sold off a large portion of its position, reducing the share count by over 76%.

Additionally, there were notable reductions in other holdings. Caterpillar Inc (CAT)'s stake was decreased slightly, while a larger reduction occurred with HP Inc (HPQ), which saw its position reduced by nearly 17%.

Other sales included the complete divestment of holdings in MDU Res Group Inc (MDU) and a partial sale of Crescent Energy Company (CRGY). These actions reflect strategic adjustments within their portfolio.

No Activity Disclosed

In some sectors, no changes were observed by Montgomery Investment Management Inc during this quarter. Specifically, the firm did not engage in buying or selling activities related to Murphy Oil Corp (MU) or CrowdStrike Holdings Inc (CRWD).

The overall portfolio allocation shifted slightly, with the firm maintaining a focus on Industrials and Energy sectors while adjusting Technology and Financial Services positions. The detailed analysis of these changes provides insight into their investment strategy for Q2 2026.