Oak Associates Ltd Q3 2026 Portfolio Activity: Major Buys & Sales Observed

As reported by insiderset.com data for the period ending June 30, 2026, Oak Associates Ltd has shown notable activity in its portfolio. The firm's holdings have undergone several changes this quarter, reflecting strategic decisions to buy and sell specific stocks.

Major Purchases Observed by Oak Associates Ltd

Oak Associates Ltd demonstrated significant buying interest during Q3 2026, most notably in KLA Corporation (KLAC). The position in KLAC saw a substantial increase of 530,950 shares, representing an almost 866% jump from the previous quarter. This resulted in KLAC now holding approximately 10% of Oak's total portfolio value.

The investor also made a considerable purchase in energy sector stock Devon Energy Corp (DVN), acquiring 45,500 shares which pushed its allocation to nearly 1%. Furthermore, Oak Associates added exposure to semiconductor equipment through a new position in ASML, investing the equivalent of its entire current stake value overnight.

Significant Sales by Oak Associates Ltd

In contrast, Oak Associates Ltd also recorded notable sales during this period. The firm sold shares in Broadcom (AVGO), reducing its stake by 22,331 shares (-9.48%) and decreasing the stock's portfolio allocation from a higher percentage to just 4.5%. Similarly, Alphabet Class C (GOOG) experienced a reduction of 16,345 shares (-4.66%), lowering its portfolio weight from around 7.2% to the reported 6.6%.

The investor also disposed of positions in other tech companies like NetApp (NTAP), Adobe (ADBE), and KLA Corporation itself saw a smaller but still noteworthy reduction (-3.96%) despite being the largest purchase.

New Holdings Added by Oak Associates

Beyond its significant purchases, Oak Associates Ltd initiated new positions this quarter. The firm entered the market for healthcare-focused Oscar Health (OSCR) and consumer cyclical player CommVault (CVLT). Additionally, a small position was taken in financial services stock Bank of NY Mellon (BK), though its allocation remains minimal (0.5%). The investor also added exposure to the highly specialized chip design sector via ACI Worldwide.

No Major Sells Observed, Focus on Concentrated Tech Holdings

Interestingly, Oak Associates Ltd did not report any large-scale selling activities during this quarter according to the available data. The portfolio's largest holdings remained largely unchanged in terms of their significant reduction or increase.

Sector Allocation Changes Reflect Buying Activity

The overall sector allocation for Oak Associates Ltd shifted slightly, influenced by its buying decisions. Technology remains a dominant sector within the portfolio (45.8%). Communication Services and Financial Services also represent substantial portions of the investment (13.06% and 11.53%, respectively). The investor's actions added to these allocations while reducing exposure in specific sectors like Technology via smaller sales (-0.68%) but overall, the portfolio remains concentrated.