Turtle Creek Wealth Advisors Q2 Portfolio Shifts: Energy Buys & Tech Sales

Turtle Creek Wealth Advisors, Llc significantly reshaped its investment strategy during the second quarter of 2026. The firm's portfolio allocation reflects a clear focus on capitalizing on specific market movements while strategically exiting other positions.

Major Purchases: Energy Dominates

The most striking activity involved substantial buying in energy sector holdings, particularly within the oil and gas industry. Chevron Corporation (CVX)'s allocation increased significantly by 1224.85%, driven by a large purchase of 365,042 shares this quarter compared to the previous period.

Similarly, Exxon Mobil Corporation (XOM) saw its position grow substantially with an increase of approximately 291.79% in allocation percentage and a corresponding large purchase of 274,910 shares.

This significant energy focus also extended to new or increased positions like Dorchester Minerals L P (DMLP), which now represents about 1.12% of the portfolio, and Marathon Petroleum Corporation (MPC) at approximately 0.94%. The firm also bolstered its exposure to exchange-traded funds in this sector.

Significant Sales: Technology Exits

In contrast, Turtle Creek Wealth Advisors divested substantially from technology stocks during Q2. Notably, the allocation for Intel Corporation (INTU), a significant prior holding at 14.05%, was completely removed from the portfolio.

The firm also sold large positions in other tech giants like Salesforce Corporation (CRM) and KLA Corporation (KLAC). The sale of Lennar Corporation (LEN), which had a very small allocation percentage, was also highlighted.

These exits were part of broader portfolio adjustments. While the firm maintained its position in other technology ETFs like IShares Core Tech ETF (IGIB), it clearly reduced exposure to specific tech equities this quarter.

New Positions & Continued Investments

Beyond energy, Turtle Creek Wealth Advisors initiated new positions or increased existing ones. The firm added shares in Dorchester Minerals L P (DMLP), effectively doubling its holdings from the previous period.

It also significantly increased its stake in several other sectors, including Healthcare (Johnson & Johnson (JNJ)) by 167.75%, Consumer Defensive (Coca-Cola Company (KO)) through a large purchase, and Technology via SPDR S&P 500 ETF Trust (SPY) which is categorized as an ETF but held in the tech sector.

The firm also continued its investment in other sectors like Consumer Cyclical (KLAC) and Communication Services, indicating selective growth across different parts of the market.