Red Door Wealth Management Q2 Portfolio Activity: Focus on Technology and Select Sectors

As reported by Red Door Wealth Management, the portfolio held as of June 30, 2026, experienced several noteworthy changes during the second quarter. The analysis focuses on holdings that showed significant increases or decreases in shares compared to the previous period.

Significant Purchases This Quarter

The most prominent buying activity occurred within specific sectors and for certain individual stocks:

• Barrick Mining Corp (B): The position saw a substantial increase, with B adding 236,453 shares. This resulted in an approximate 191% change from the prior period and pushed its portfolio allocation to about 1.21%. The significant growth suggests confidence or strategic interest in this mining company.
• J P Morgan Exchange Traded Fund (JMST): Shares of JMST increased by 134,982 shares, representing a massive 77.05% change from the previous quarter. This ETF holding now accounts for roughly 1.44% of the portfolio.
• Cintas Corp (CTAS): The investor added all available shares in this stock during Q2, as evidenced by a 65974 share increase and corresponding 100% change from prior period holdings. CTAS is now allocated approximately 1.02% of the portfolio.
• O'Reilly Automotive Inc (ORLY): Shares increased by a significant amount, specifically 72,474 shares or about 446.54%, leading to an allocation increase for this consumer cyclical stock. ORLY now holds around 0.75% of the assets.
• EAGL (2023 ETF Series Trust): This fund holding saw a notable increase, with 71,857 shares added over the quarter, resulting in about a 6.36% change from prior period and maintaining its allocation at roughly 3.53%. The specific ETF is EAGL.
• CONOCOPHILLIPS (COP): There was a substantial increase in shares, adding 60,448 shares or approximately 813.9% from the previous period. This resulted in about a 0.64% allocation for this energy stock. COP is now part of the portfolio.
• No change was disclosed for other sectors or holdings based on available data.

Notable Sales and Reductions This Quarter

In contrast to the buying activity, Red Door Wealth Management also reduced positions significantly during Q2:

• JOHNSON & JOHNSON (JNJ): The investor sold a large portion of its holdings in this healthcare giant. Specifically, 364,470 shares were sold or no longer held, representing an approximate 55.51% reduction from the prior period and pushing the allocation down to about 0.68%. JNJ is still present but significantly reduced.
• FEDEX CORP (FDX): Shares of this industrial company were sold down by 32,466 shares or roughly 91.86% from the previous period. The allocation decreased to approximately 0.08%. FDX is still a minor holding.
• SERVICENOW INC (NOW): This technology stock experienced a heavy sell-off, with 46,792 shares sold or no longer held. The change percentage was approximately -93.8%, reducing its allocation to about 0.03%. NOW is now a very small part of the portfolio.
• DARLING INGREDIENTS INC (DAR): The investor sold down this consumer defensive stock by 108,265 shares or roughly -90.15% from prior period holdings. Its allocation decreased to approximately 0.06%. DAR is still present but minimal.
• NYLI CBRE GBL INFR MEGTRNDS ETF (MEGI): This fund saw a 40,540 share increase or about 100% change from prior period. However, the allocation remains very small at around 0.06%. MEGI is a minor holding.
• SPROTT ASSET MANAGEMENT LP ETF (PHYS): This fund experienced an increase of 15,460 shares or about 13.46% from prior period holdings. The allocation increased slightly to approximately 0.36%. PHYS is a minor holding.
• No change was disclosed for other sectors or holdings based on available data.

Overall Portfolio Changes and Insights

The portfolio's total value as of June 30, 2026, stands at $1.09 billion. The changes observed in Q2 indicate a dynamic investment strategy focused on specific opportunities.

The investor has shown capability for both large purchases ("has_large_buys": true) and significant sales ("has_large_sells": true"). This quarter's notable buys include Barrick Mining Corp, J P Morgan ETFs, Cintas Corp, O'Reilly Automotive Inc, EAGL fund, and CONOCOPHILLIPS. Conversely, the portfolio shed substantial positions in stocks like Johnson & Johnson, FedEx Corp, Servicenow INC, and Darling Ingredients Inc.

The allocation shifts also reflect changes within sectors. For instance, while Technology saw overall buying interest (including additions of CTAS), it also experienced heavy selling pressure on specific names like JNJ and NOW. Similarly, Financial Services holdings showed mixed results with both ETFs gaining significantly and individual stocks being sold down.

Conclusion

In summary, Red Door Wealth Management's portfolio underwent significant transformations in Q2 2026. The investor demonstrated a clear focus on acquiring specific high-growth names within Technology (B, ORLY) and Energy (COP), while simultaneously reducing exposure to other prominent stocks like JNJ and NOW.

For further details on the holdings or the investment firm itself, you can explore Red Door Wealth Management's profile and individual stock positions such as B, COP, or JNJ on the respective platform.