Sawgrass Asset Management Q2 2026: Major Technology Buys and Sells Highlight Portfolio Shifts

As of June 30th, 2026, Sawgrass Asset Management has reported several noteworthy changes to its portfolio holdings. The investment firm's activities during this quarter reflect a dynamic approach to stock selection and divestment.

Prominent Purchases This Quarter

Sawgrass Asset Management demonstrated significant buying activity in Q2 2026, most notably with KLA Corporation (KLAC). The fund increased its stake by an impressive 899.41%, acquiring a substantial number of shares during the period.

Additionally, the firm boosted its position in Vanguard ETFs (VO) dramatically, increasing holdings by 300% or more through this quarter. This suggests a strategic shift towards index funds at this institution around this time.

The investor also showed strong interest in Visa Inc. (V), significantly adding to its existing stake with an approximately 61% increase in shares during the quarter.

Notable Sales and Exits

Conversely, Sawgrass Asset Management divested from several positions this quarter. The most significant exit appears to be from CorVel Inc. (COR), where the fund sold all its holdings, representing a nearly complete departure from that stock.

The firm also reduced its stake in Advanced Micro Devices Inc. (AMD) by 95% or more and exited its position entirely in ADT Inc., selling off almost everything during this period.

Technology Sector Focus Remains Strong

Despite the changes, Technology remains a dominant sector for Sawgrass Asset Management, accounting for approximately 38.42% of its total portfolio value as reported on Insiderset.

The top holdings by weight include NVIDIA Corporation (NVDA), Apple Inc. (AAPL), Microsoft Corp. (MSFT), Alphabet Inc. (GOOGL), and Amazon.com Inc. (AMZN). While the data doesn't explicitly show changes for these major names, their continued presence indicates ongoing confidence in these large-cap tech leaders.

Other Sectors Show Activity

The investor's portfolio also saw activity across other sectors during Q2 2026. In Communication Services, holdings in Disney (DIS) and Netflix (NFLX - though not listed here) were likely increased significantly based on the available data.

Healthcare allocations include positions in Emerson Electric Co. (EMR), Stryker Corporation (SYK), Exelixis Inc. (EXEL), and Incyte Corp. (INCY). The fund appears to have added to these holdings, though not all healthcare stocks showed changes.

Significant Portfolio Shifts Observed

The overall portfolio saw a shift in concentration during the quarter. While Technology remains heavily weighted at nearly 38% of total value, other sectors like Consumer Cyclical and Communication Services also represent substantial portions (around 10-8%).

Conclusion: Strategic Adjustments by Sawgrass AM

Sawgrass Asset Management's Q2 2026 filing reveals a clear pattern of strategic adjustments. The fund significantly increased its position in KLA Corp and Vanguard ETFs, while simultaneously exiting or reducing stakes in AMD and CorVel Inc.