Traynor Capital Management Q2 2026 Portfolio Activity: Significant Sells and Buys Observed
Traynor Capital Management's portfolio saw notable changes in the second quarter of 2026, including large reductions in SOXL (-64%) and FBTC (-52%), alongside significant increases in JEPQ (51k shares) and SOXX.
As reported by Traynor Capital Management, the portfolio held on 2026-06-30 reflected substantial buying and selling activity during Q2 2026.
The investor was notably active in exiting high-risk positions. The synthetic leveraged ETF, DIREXION SHARES ETF TRUST (SOXL), saw a massive reduction of over 499k shares (-64.17% weight change) this quarter, indicating a significant de-risking effort.
Similarly, the Bitcoin-focused fund from FIDELITY WISE ORIGIN (FBTC) experienced a steep decline of 49.68k shares (-52%) during Q2 2026, suggesting the firm is reducing its exposure to cryptocurrency themes.
In contrast, Traynor Capital Management demonstrated strong conviction in certain areas by initiating new positions or significantly increasing existing ones. The ETF tracking semiconductors and chips, ISHARES TR (SOXX), gained 55k shares (+182.78% weight change) in the quarter.
The firm also established a new position with J P MORGAN EXCHANGE TRADED F (JEPQ), acquiring 559k shares (+50.9% weight change) in Q2, which now represents a material 1.62% allocation.
Furthermore, the investor increased its stake significantly in MICRON TECHNOLOGY INC (MU), adding 18k shares (+420.67% weight change) to boost its allocation from a negligible level.