Orion Capital Management Q2 2026 Portfolio Activity: Major Buys and Sells Observed

Orion Capital Management Llc's investment strategy yielded a substantial portfolio value of $320.065 million as of June 30, 2026.

Prominent Purchases This Quarter

The investor demonstrated significant buying activity during Q2 2026, most notably acquiring shares in the J P Morgan Exchange Traded Fund (JPST), which saw a massive increase of over 211% in its position. This ETF allocation rose to represent approximately 2.17% of the total portfolio value.

Further exploration into significant buys reveals activity in other exchange-traded funds and trusts, including substantial additions to SPDR Series Trust (SPLG), evidenced by a 209.27% increase in shares held during the quarter. Similarly, there was a significant purchase of ISHARES TR (ICSH) with a 100% jump in holdings.

Notable Sales and Reductions

Conversely, Orion Capital Management Llc also exhibited significant selling activity. The most prominent exit involved the Technology stock Palantir Technologies Inc (PLTR), which saw a nearly 95% reduction in its position during Q2.

Additionally, substantial reductions were observed in holdings like US Bancorp (USB). The Financial Services holding experienced an almost 55% decrease. Other significant sales included positions in SGOV and DSTL, although these are reflected more prominently in the overall changed_holdings list.

New Positions and Minor Changes

Several holdings appeared for the first time or saw relatively minor changes during this period. These include ISHARES TR (ICSH), a new addition, as well as slight increases in positions like AMERICAN CENTY ETF TR (AVDE) and AMERICAN CENTY ETF TR (AVUS).

The investor also exited positions in other trusts, such as SCHWAB STRATEGIC TR (SCHD), which decreased by 14.66%. Holdings like US BANCORP and the Technology stock PALANTIR TECHNOLOGIES INC (PLTR) were sold off significantly, impacting their portfolio percentages.

Sector Distribution Insights

The portfolio's sector allocation shows a heavy concentration in the Unknown category at 67.62%, followed by Technology at 12.67% and Communication Services at 3.98%. Holdings like US BANCORP fall under Financial Services, contributing a small portion.

The overall portfolio consists of 466 holdings, with the top five positions accounting for approximately 33.73% of the total value. The investor's actions this quarter involved both large-scale buying and selling activities across various sectors, including substantial purchases in ETFs and significant reductions in specific Technology and Financial Services stocks.