Act Two Investors
Act Two Investors reported 37 stocks worth $495M in its 13F filing for Q2 2026, filed Aug 10, 2026. Its largest holdings are GOOG (14.9%), MSFT (10.8%) and AMZN (8.5%). Compared with Q1 2026, the fund opened new positions in ACN and MA, added to MSFT, V and LLY, trimmed GOOG, AMZN and TMUS and sold out of DIS.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 8 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  GOOG Alphabet Inc | $73.9M | 14.9% | 209K | −27K (−12%) | 8 of 8 | |
| 2 |  MSFT Microsoft Corp | $53.4M | 10.8% | 143K | +507 (+0%) | 8 of 8 | |
| 3 |  AMZN Amazon Com Inc | $41.9M | 8.5% | 176K | −1,674 (−1%) | 8 of 8 | |
| 4 |  V Visa Inc | $35.8M | 7.2% | 104K | +139 (+0%) | 8 of 8 | |
| 5 |  IQV Iqvia Holdings | $30.7M | 6.2% | 159K | No change | 5 of 8 | |
| 6 |  TMUS T-Mobile US Inc | $25.3M | 5.1% | 151K | −668 (−0%) | 8 of 8 | |
| 7 |  LLY Eli Lilly & Co | $23.2M | 4.7% | 19K | +11K (+136%) | 4 of 8 | |
| 8 |  AAPL Apple Inc | $22.3M | 4.5% | 77K | No change | 8 of 8 | |
| 9 |  NVDA Nvidia Corporation | $21M | 4.3% | 105K | +270 (+0%) | 8 of 8 | |
| 10 |  IEF Ishares TR | $19.6M | 4.0% | 207K | −1,098 (−1%) | 8 of 8 |
Positions at Jun 30, 2026, as reported. Change is against the fund's Q1 2026 filing; weight is the share of the fund's reported stocks.
Sold out
held in Q1 2026, gone in Q2 2026| Stock | Value last quarter | Shares sold |
|---|---|---|
 DIS Disney Walt Co | $19.4M | 201K |
Reported value
last 8 quartersThe value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.
Filings for Q2 2026
straight from the SEC| Filed | Form | Quarter | |
|---|---|---|---|
| Aug 10, 2026 | 13F-HR | Q2 2026 | SEC filing ↗ |
Other superinvestors
All hedge fund holdings →Act Two Investors 13F FAQ
What does Act Two Investors own?
Act Two Investors reported 37 stocks worth $495M in its 13F filing for Q2 2026, filed Aug 10, 2026. Its largest holdings are GOOG (14.9%), MSFT (10.8%) and AMZN (8.5%). The table above lists every position in the filing (the top 10 without an account).
What did Act Two Investors buy and sell in Q2 2026?
Compared with Q1 2026: 2 new positions, 12 added to, 9 trimmed and 1 sold out. New positions include ACN and MA. It sold all of DIS.
When will Act Two Investors file its next 13F?
Holdings as of Sep 30, 2026 are due by Nov 16, 2026. The filing appears on this page within minutes of reaching the SEC.
How much is Act Two Investors's portfolio worth?
The Q2 2026 filing reports $495M in US stocks. That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.