Penn Davis Mcfarland Inc Portfolio Shifts: Q2 2026 Insights

As of June 30th, 2026, Penn Davis Mcfarland Inc's portfolio management activities during the most recent quarter have been revealed through detailed holdings data. This analysis focuses on changes observed compared to previous periods, highlighting key purchases and sales.

Significant Purchases in Q2 2026

The investor demonstrated a strong appetite for growth this quarter, particularly evident in the Technology sector. Notable buys included:

• Accenture (ACN), which saw its share count increase by a substantial 295,104 units (+1148.76%). This significant addition boosted the stock's portfolio allocation to 3.56%.
• JP Morgan Chase & Co (JPM), where share count rose by 5,000 units (+232.56%). This increased the allocation to a notable 0.21%.

• Advanced Micro Devices (AMD), listed among the significant buys.
• Energy sector additions included purchases of Teck Resources Ltd. Class B (TECK).

Notable Sales and Reductions in Q2 2026

Conversely, the investor also reduced exposure to several stocks:

• Kinder Morgan, Inc. (KMI), experienced a significant sell-off with its share count decreasing by 34,244 units (-2.01%). This reduced the allocation from 5.04% to 4.77%.
• Bristol Myers Squire Co (BMY), saw its share count drop by -95,649 units (-28.44%). This exit or substantial reduction lowered the allocation to 1.23%.
• Roivant Sciences Ltd. (G76279101), had its share count decrease by -12,432 units (-0.78%). This reduced the allocation from 5.04% to 4.98%.

• Alphabet Class C shares decreased by -2,850 units (-0.66%). Its allocation remained relatively stable at 13.48%.
• NVIDIA Corp shares also decreased by -32,350 units (-6.49%). Its allocation was reduced from an unknown previous level to 8.31%.
• UnitedHealth Group shares saw a minimal reduction of -87 units (-0.06%). Its allocation slightly decreased from an unknown previous level to 5.04%.

• A particularly interesting change occurred with Alphabet Inc itself, where the investor sold Class C shares (-2,850) but simultaneously purchased a different batch of Class A shares (GOOGL). This resulted in an overall decrease for the holding from 13.48% to its current allocation.

• The position in Shell PLC (SHEL) also decreased slightly by -7,505 units (-1.51%). Its allocation was reduced from an unknown previous level to 3.38%.

Balanced Sector Exposure with Focus on Technology and Energy

The overall portfolio structure reflects a balanced approach, though the Technology sector holds particular prominence:

• The investor maintains significant exposure across various sectors including Technology (now at an unknown previous level), Communication Services, Healthcare, Consumer Defensive, Energy, and others.
• Technology allocation is substantial, encompassing major holdings like Accenture (ACN) and NVIDIA (NVDA).
• The Energy sector also features prominently with holdings in Kinder Morgan (KMI) and Enterprise Products Partners (EPD).

No Activity Disclosed for Certain Sectors

According to the available data, there was no activity reported in sectors such as:

• Industrials
• Financial Services (excluding specific changes like Ares Capital Corp - ARCC)
• Consumer Cyclical (though there was a change in LVS, which is now linked to Consumer Defensive via its prior period allocation context)

The investor's portfolio currently consists of holdings across multiple sectors and individual stocks. For further details on the complete portfolio composition or historical performance indicators like holding count (74) and top 5 weight percentage (36.58%), please refer to the full filing.