Act Two Investors LLC
Sector Allocation
- Technology42.3%$209.2M
- Healthcare14.8%$73.0M
- Financials13.7%$67.8M
- Consumer Discretionary9.0%$44.4M
- Other7.8%$38.6M
- Communication Services6.3%$30.9M
- Utilities3.5%$17.2M
- Industrials1.4%$7.0M
- Consumer Staples1.4%$6.7M
AUM History
13fpro.ai/research/fund/act-two-investors-llc-1766907
Conviction and streaks
Diversifying · top 10 = 70.2%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
GOOG
$73.9MMSFT
$53.4MAMZN
$41.9MV
$35.8MIQV
$30.7MTMUS
$25.3MLLY
$23.2MAAPL
$22.3MNVDA
$21.0M- ISHARES$19.6M
SLM
$18.6MADP
$17.8MES
$17.2MSYK
$15.8MJPM
$9.0M- SCHWAB$8.7M
ACN
$8.6MMCK
$6.7M- SCHWAB$6.2M
NFLX
$5.6M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/act-two-investors-llc-1766907
Act Two Investors LLC 13F holdings — Q2 2026
$494.7M portfolio (+9.2% QoQ) · 37 holdings · Q2 2026 13F · top 10 are 70% of the stock portfolio
$73.9M
14.9% of stocks
-12%This quarter-11.7%Since filed10+ qtrsHeld$53.4M
10.8% of stocks
+0.4%This quarter+5.2%Since filed10+ qtrsHeld$41.9M
8.5% of stocks
-0.9%This quarter-10.4%Since filed10+ qtrsHeld$35.8M
7.2% of stocks
+0.1%This quarter+11.9%Since filed10+ qtrsHeld$30.7M
6.2% of stocks
+0.1%This quarter+13.1%Since filed5 qtrsHeld$25.3M
5.1% of stocks
-0.4%This quarter-17.6%Since filed10+ qtrsHeld$23.2M
4.7% of stocks
+136%This quarter+3.8%Since filed4 qtrsHeld$22.3M
4.5% of stocks
-0.0%This quarter+11.6%Since filed10+ qtrsHeld$21.0M
4.3% of stocks
+0.3%This quarter-0.7%Since filed10+ qtrsHeld- 10
ISHARES TR - 7-10 YR TRSY BD
$19.6M
4.0% of stocks
-0.5%This quarter—Since filed—HeldAIQuality—Est. buy—
All holdings — Act Two Investors LLC (Q2 2026)
37 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | SLM Corp | Financials | $18.6M | 3.8% | 717K | +1% | 10+ qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | AUTOMATIC DATA PROCESSING INC | Technology | $17.8M | 3.6% | 80K | +70% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | EVERSOURCE ENERGY | Utilities | $17.2M | 3.5% | 238K | -42% | 6 qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | STRYKER CORP | Healthcare | $15.8M | 3.2% | 50K | +320% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | JPMORGAN CHASE & CO | Financials | $9.0M | 1.8% | 27K | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | — | SCHWAB STRATEGIC TR - INT-TRM U.S TRES | — | $8.7M | 1.8% | 355K | +1% | — | — | 13F |
| 17 | Accenture plc | Technology | $8.6M | 1.7% | 69K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | MCKESSON CORP | Consumer Staples | $6.7M | 1.4% | 8,920 | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | — | SCHWAB STRATEGIC TR - SHT TM US TRES | — | $6.2M | 1.3% | 256K | +6% | — | — | 13F |
| 20 | NETFLIX INC | Communication Services | $5.6M | 1.1% | 78K | +1088% | 7 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | INTUIT INC. | Technology | $4.6M | 0.9% | 18K | +51% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | — | VANGUARD SCOTTSDALE FDS - LONG TERM TREASetf/fund | — | $4.1M | 0.8% | 75K | -24% | — | — | 13F |
| 23 | CANADIAN NATIONAL RAILWAY CO | Industrials | $3.9M | 0.8% | 33K | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | Alphabet Inc. | Technology | $3.9M | 0.8% | 11K | -14% | 10+ qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | THERMO FISHER SCIENTIFIC INC. | Healthcare | $3.4M | 0.7% | 6,710 | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $CP | CANADIAN PACIFIC KANSAS CITY LTD/CN | Industrials | $3.0M | 0.6% | 35K | — | |||
| 27 | $META | Meta Platforms, Inc. | Technology | $2.0M | 0.4% | 3,550 | — | |||
| 28 | $MCD | MCDONALDS CORP | Consumer Discretionary | $1.8M | 0.4% | 6,820 | — | |||
| 29 | $BRK.B | BERKSHIRE HATHAWAY INC | Financials | $1.4M | 0.3% | 2,821 | -4% | |||
| 30 | $MA | Mastercard Inc | Financials | $1.2M | 0.2% | 2,344 | New | |||
| 31 | $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | Technology | $985K | 0.2% | 2,062 | -0.8% | |||
| 32 | $AON | Aon plc | Financials | $755K | 0.1% | 2,275 | — | |||
| 33 | $EWBC | EAST WEST BANCORP INC | Financials | $680K | 0.1% | 5,270 | — | |||
| 34 | $BKNG | Booking Holdings Inc. | Consumer Discretionary | $628K | 0.1% | 3,525 | +2400% | |||
| 35 | $NXPI | NXP Semiconductors N.V. | Technology | $334K | 0.1% | 1,189 | — | |||
| 36 | $AXP | AMERICAN EXPRESS CO | Financials | $331K | 0.1% | 979 | — | |||
| 37 | $ORCL | ORACLE CORP | Technology | $255K | 0.1% | 1,740 | — |
What changed in Q2 2026
Against the previous quarter's 13F: 2 new, 13 added to, 10 trimmed, 1 sold out. Share-count changes; largest moves by dollar size first.
New positions (2)
Added to (13)
now $23.2M · held 4 qtrs
now $15.8M · held 10+ qtrs
now $17.8M · held 2 qtrs, 2 adds in a row
now $5.6M · held 7 qtrs
$INTUINTUIT INC.+51%
now $4.6M · held 2 qtrs, 2 adds in a row
$BKNGBooking Holdings Inc.+2400%
now $628K · held 10+ qtrs
+7 more in the Excel export
Trimmed (10)
now $17.2M · held 6 qtrs, 2 trims in a row
now $73.9M · held 10+ qtrs, 5 trims in a row
- VANGUARD SCOTTSDALE FDS - LONG TERM TREAS-24%
now $4.1M
$GOOGLAlphabet Inc.-14%
now $3.9M · held 10+ qtrs, 3 trims in a row
now $41.9M · held 10+ qtrs
now $25.3M · held 10+ qtrs
+4 more in the Excel export
Sold out (1)
$DISWalt Disney Cowas $19.4M
held 2 qtrs
Holdings by quarter
Every 13F Act Two Investors LLC has filed, 30 earlier quarters. Pick one to see what it held then.
Is it too late to follow Act Two Investors?
Q2 2026 13F filed with the SEC on Aug 10, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Act Two Investors's top 20 holdings: 74/100 (our AI quality score, weighted by position size; 18 of the 20 are scored)
Top 10 since filing
-2.4%
Value-weighted move of the 10 largest stock positions
Turnover
9%
Last quarter; 26% over the last 4
Top 10 weight
70%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
93%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Act Two Investors LLC disclosed 37 positions worth $494.7M in its Form 13F-HR for Q2 2026, led by $GOOG (Alphabet Inc.) at 14.9% of the equity portfolio, followed by $MSFT and $AMZN. During the quarter the fund opened 2 new positions and exited 1 — including a new stake in $ACN and a full exit from $DIS. The portfolio is most concentrated in Technology (42.3% of disclosed assets). All figures are sourced directly from Act Two Investors LLC’s Form 13F-HR filing with the SEC under CIK 1766907.
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