Pinestone Asset Management Inc.: Q2 2026 Portfolio Highlights
Pinestone's portfolio valued at $16.2B as of June 30, 2026 shows significant shifts in Technology and Financial Services sectors.
Pinestone Asset Management Inc.'s portfolio reached a value of approximately $16.2 billion as of June 30, 2026.
Tech Giants: Major Shifts Observed
The investor's Technology sector allocation stands at 26.81% ($4.3B), primarily driven by holdings in TSM and KLAC. TSM maintains its position as the largest holding with a portfolio weight of 14.63%, despite experiencing a slight reduction in shares (-6.21%) this quarter.
Pinestone's stake in KLA CORP (KLAC) saw an extraordinary increase, growing by KLAC 1927% from the previous period. This substantial addition significantly boosted KLAC's portfolio allocation to 4.04%. Conversely, their position in MICROSOFT CORP (MSFT) decreased by MSFT 9.75%.
Financial Services: Diversification and Reductions
The Financial Services sector allocation is substantial at $3.7B (23.18%) of the portfolio, featuring significant holdings in MA, MCO, CME, and HDB.
MA saw a notable increase with shares rising by 1.19% (from Pinestone Asset Management Inc.'s perspective). Similarly, CME experienced modest growth (+4.81%) and HDFC BANK LTD (HDB) added significantly with a 15.8% increase in shares this quarter.
Consumer Sectors: Activity and Focus
In the Consumer space, Pinestone holds positions totaling $3.4B (14.83%) across Cyclical and Defensive categories. AMAZON COM INC (AMZN) stands out with a massive 83.64% increase in shares, adding significantly to its portfolio weight.
Meanwhile, TJX COS INC NEW (TJX) experienced a slight reduction (-3.94%) and AUTOZONE INC (AZO) saw a moderate decrease (-4.9%).
Other Sectors and Unknown Holdings
The portfolio also includes positions in Industrials, Healthcare, Basic Materials, and Consumer Defensive sectors.
CANADIAN NATL RY CO (CNI) represents a new position or significant increase acquired this quarter. Other notable additions include AON PLC, GRACO INC (GGG), and LINDE PLC (LIN). The investor's holdings in sectors like Healthcare, Basic Materials, and Consumer Defensive remain relatively stable or show minor changes.
No Large Sells Disclosed This Quarter
Pinestone Asset Management Inc. did not disclose any large sell-offs during this reporting period based on the available data.