Stonehage Fleming Portfolio Analysis: Q2 2026 Investment Activity

Stonehage Fleming Financial Services Holdings Ltd has released its investment activity data for Q2 2026. This analysis focuses on the specific holdings that experienced notable changes in this period.

The investor's portfolio saw a mix of buying and selling activities during the quarter ending June 30, 2026. Several positions were increased significantly while others were substantially reduced or exited entirely.

Significant Purchases

In Q2 2026, Stonehage Fleming demonstrated strong buying interest in several sectors:

• GOOG (Alphabet Inc) experienced a slight decrease of -19028 shares (-2.28%) during the quarter.
• MSFT (Microsoft Corp) also saw a small reduction in holdings, with -18139 shares (-4.76%) sold.
• SPGI (S&P Global Inc) had minor share reductions during the period.
• The most significant purchase was in KLAC (KLA Corporation), where holdings increased by a massive +583,523 shares (+77,596.14%). This substantial increase pushed its portfolio allocation to 6.01%.
• CDNS (Cadence Design Systems Inc) saw a significant rise in shares, +425983 from prior period (-7.29%), adding to its allocation.
• NFLX (Netflix Inc) also increased its holdings by +168,039 shares (+5.32%) during the quarter.
• WST (West Pharmaceutical Services Inc) showed strong buying interest with a +340,263 share increase (+33.53%) during the quarter.
• AVGO (Broadcom Inc) increased its position by +78,556 shares (+14.76%).
• The investor also added new ETF positions during the quarter.

This buying activity across various sectors indicates a strategic approach to portfolio management in Q2 2026.

Substantial Sales and Exits

Conversely, Stonehage Fleming sold significant portions of its holdings during the quarter:

• V (Visa Inc) experienced a massive sell-off with -458,406 shares (-97.67%) sold during the period.
• The investor also disposed of its position in VEU (Vanguard Intl Equity Index Fund), selling all shares and reducing its allocation to 1.54%.
• GE (General Electric Co) saw a significant reduction in holdings, -276,226 shares (-43.5%) sold during the quarter.
• QLTY (GMO ETF Trust) was another position reduced substantially by -185,162 shares (-46.29%), lowering its allocation.
• AMZN (Amazon.com Inc) also saw a decrease in holdings during the quarter.
• The investor sold shares of several other companies, including VT, which experienced a reduction despite prior increases.

These substantial sales and exits suggest a major restructuring effort within the portfolio during Q2 2026.