Revere Asset Management, Inc. Activity Report: Q3 2026 Investments and Withdrawals

Revere Asset Management, Inc. has released its latest filing for the quarter ending June 30, 2026, revealing significant adjustments to its portfolio holdings. The firm managed a total portfolio value of $255.93 million as of this date, with a focus on active management and responsiveness to market conditions.

Significant Purchases This Quarter

Revere Asset Management, Inc. demonstrated strong buying activity during the quarter, particularly in exchange-traded funds (ETFs) and select technology stocks. The most substantial purchase was in ProShares UltraShort Technology (UPRO), which saw a remarkable 116.25% increase in shares held, now accounting for 21.41% of the portfolio. Similarly, the firm boosted its position in SPDR Series Trust (SPLG) by 12.86%, increasing its allocation to 46.02%.

Additionally, Revere significantly increased its stake in several technology companies, including Fortinet (FTNT), Twilio (TWLO), STMicroelectronics (STM), and Marvell Technology (MRVL). Each of these individual stock positions increased by 100% in terms of shares, adding considerable weight to the portfolio's technology sector exposure, which now stands at 19.82% of the total value.

Substantial Withdrawals and Reduces

The investment firm also made notable withdrawals from certain holdings during the quarter. Nebius Group N.V. (NBIS) experienced a significant reduction, with a 91.11% decrease in shares held, lowering its portfolio allocation to 0.95%. Similarly, Advanced Micro Devices (AMD) saw a drastic 98.49% reduction in its position, now holding just 0.14% of the portfolio.

Furthermore, Revere Asset Management, Inc. completely exited positions in CrowdStrike (CRWD) and Datadog (DDOG), both of which were reduced by nearly 90% and 99% respectively. The firm also significantly decreased its stake in iShares Core MSCI USA Small Cap Factor ETF (SGOV) by 96.64%, though this ETF remains a small part of the overall portfolio.

Other Changes Observed

Revere Asset Management, Inc. also adjusted its holdings in other areas. The position in Dell Technologies (DELL) increased by 100%, adding another 2.12% allocation. Similarly, the firm added shares to Flex Ltd. (FLEX) and Guardant Health (GH), both seeing a 100% increase in shares.

On the other hand, the firm also reduced its position in MaxLinear (MXL) by 100%, though this remains a minor holding. Overall, the portfolio shows a high level of turnover, with 29 holdings experiencing changes during the quarter.

Sector Analysis

Revere's portfolio continues to be dominated by holdings in the 'Unknown' sector, accounting for 78.18% of the total value. Technology remains the second largest sector at 19.82%, followed by Healthcare at 1.56%. The firm's actions this quarter reflect a continued focus on technology, while also maintaining significant exposure to ETFs, which include both the SPDR and ProShares trusts.

The filing indicates that Revere Asset Management, Inc. has a strategy of active management, with a high level of buying and selling activity. The portfolio has 35 holdings, with the top five accounting for 77.92% of the total value. The firm's significant purchases and sales suggest a dynamic approach to positioning within the market.

Conclusion

Revere Asset Management, Inc.'s latest filing highlights a pattern of active portfolio management focused on technology and ETFs. The firm demonstrated strong buying in several ETFs and technology stocks, while simultaneously reducing exposure in others. For more detailed information on Revere's holdings and performance, visit Revere Asset Management, Inc.'s profile. To explore specific stock holdings, such as Fortinet, Twilio, or Nebius, check the individual stock pages on the platform.