Poehling Capital Management Q2 2026 Portfolio Activity: Focus on Energy & Financials
Poehling Capital Management significantly increased its holdings in several sectors including Technology and Healthcare, while adding new positions in Energy and exiting some older investments during the second quarter of 2026.
According to filings from Poehling Capital Management, Inc., there were notable changes in its portfolio holdings during the second quarter of 2026. The analysis focuses on observable buying and selling activity based on the changed_holdings data provided for this period.
Prominent Purchases: New Positions and Significant Increases
The most striking aspect of Poehling Capital Management's Q2 2026 portfolio adjustments was its substantial buying activity, evident through several new positions and increases in existing holdings. The firm significantly boosted its stake in CRM (Salesforce Inc.), acquiring an additional 10,698 shares (+33.91%). This was accompanied by a notable increase in the number of shares held for FI (Fiserv Inc.), adding 20,183 shares (+8.99%) to an already significant position.
In terms of new positions, Poehling Capital Management disclosed purchases in several key sectors during Q2:
- DVN (Devon Energy Corp): Acquired 45,715 shares (+100%)
- BRO (Brown & Brown Inc): Acquired 39,188 shares (+100%)
- DHR (DanaHER Corp): Acquired 20,743 shares (+100%)
- NFLX (Netflix Inc.): Acquired 20,553 shares (+103.86%)
- ASB (Associated Banc-Corp): Acquired 11,595 shares (+100%)
- ZTS (ZOETIS Inc.): Acquired 10,816 shares (+100%)
- BAX (Baxter International Inc.): Acquired 9,412 shares (+100%)
- INTU (Intuit Inc.): Acquired 9,115 shares (+100%)
This buying activity spanned multiple sectors:
- Energy: A major new position was established in DVN, indicating a strategic shift towards this sector.
- Financial Services: New positions were added to BRO, ASB, and ZTS. Additionally, the existing position in INTU saw a large increase.
- Healthcare: New positions were added to DHR, ZTS, and BAX. The existing position in CRM also increased significantly.
- Communication Services: A new position was added to NFLX.
- Technology: Besides the significant increase in CRM, there were also notable additions to FI.
Limited Observable Sales: Focus on Reductions and Exits
In contrast to its buying activity, Poehling Capital Management's disclosed changes during Q2 2026 primarily showed reductions or exits from older positions. The most significant reduction was in GNRC (Generac Holdings Inc), where the position decreased by a staggering 89.94% of its prior size, effectively exiting almost all shares held previously.
The firm also reported selling some positions that were part of its previous holdings:
- KDP (Keurig Dr Pepper Inc): Sold 17,248 shares (-6.52%)
- SCHX: Sold 7,345 shares (-5.18%)
- KD (Kynery Holdings Inc): Sold 8,693 shares (-9.87%)
The remaining changes in the portfolio were mostly small reductions or share decreases that weren't flagged as significant exits unless they represented a large percentage change:
- ASB: Sold 10,594 shares (-89.96%) - This appears contradictory to the prior point about acquiring a new position in ASB unless it refers to a different context or period.
- KD: Sold 8,693 shares (-9.87%) - This seems like an exit from the position acquired in Q2?
It's important to note that while Poehling Capital Management disclosed buying activity for several new and existing positions, it did not provide data on selling activities for all stocks unless they were substantial. Therefore, there might be other exits that weren't observable through this filing.