Mountain Pacific Investment Advisers Q3 2026 Holdings Shift Analysis

Mountain Pacific Investment Advisers LLC, a registered investment advisor, reported substantial changes in its portfolio holdings for the quarter ending September 30, 2026. The firm's investment strategy appears focused on capitalizing on specific sectors while strategically reducing exposure in others.

Among the most significant purchases during this period was the substantial increase in Amphena Corporation (AMPX). The investment advisor boosted its stake in AMPX by 87.18%, adding 312,764 shares to reach a position worth approximately $56.6 million, representing 9.29% of the total portfolio value. This aggressive buying suggests confidence in the company's prospects. Another major acquisition was in the form of a new position in Merit Medical Systems (MMSI), which saw an 88.83% increase in holdings, adding 17,899 shares. The firm also significantly increased its position in the iShares Gold Trust (IAUM) by 100%, acquiring 15,000 additional shares, indicating a potential tactical move in the precious metals sector.

Conversely, the firm engaged in notable selling activities. Fideliity National Information Services (FIS) experienced a significant reduction, with a 54.62% decrease in shares held, totaling 59,647 shares less. The position in Fiserv (FI) also saw substantial erosion, down 6.5%, reflecting a strategic exit or reduced allocation. Other sales included Vontier Corporation (VNT), down 21.6%, and Vertiv Holdings Co. (VRT), down 11%. While the firm sold positions in several companies, the data does not explicitly detail holdings in companies like FTI Consulting (FCN) or Waystar Holdings (WAY) that also showed position changes.

The portfolio's sector allocation remained dominated by Industrials (40.65%) and Technology (19.81%), but the changes reflect targeted adjustments within these broad categories. The Technology sector saw major buying in Amphena Corporation (AMPX) and Fiserv (FI), while the Industrials sector was impacted by both purchases (in Merit Medical Systems (MMSI) and iShares Gold Trust (IAUM)) and significant sales (Fideliity National Information Services (FIS), Vontier Corporation (VNT), Vertiv Holdings Co. (VRT), and others).

Healthcare allocation also showed notable shifts, with purchases in Merit Medical Systems (MMSI) and Aptargroup (ATR), and sales in companies like Graco (GGG). Financial Services saw a purchase in the iShares Gold Trust (IAUM), while other sectors like Consumer Defensive (3.6%), Basic Materials (2.94%), and Energy (1.19%) also experienced changes, though the data does not specify whether these were buys or sells. The firm maintained a diversified portfolio across 10 sectors, with Communication Services and Consumer Cyclical holding relatively minor allocations.

Overall, Mountain Pacific Investment Advisers demonstrated active management during Q3 2026, with a clear focus on Technology and Industrials holdings. The portfolio's total value stood at approximately $609 million, and the firm managed 147 holdings during the quarter. The significant buying and selling activities, including large transactions, highlight the dynamic nature of their investment approach.