Arnold Van Den Berg
Portfolio value$473.3M
Positions120
QuarterQ2 2026ended 2026-06-30
Filed08/142026
Q2 2026 versus Q1 2026: 7 bought, 31 added to, 59 reduced, 20 sold. By dollars, the largest buy was Seabridge Gold Inc, $16.7M more at the quarter-end price; the largest sale Seabridge Gold Inc, $18.6M less. Net, $23.2M more sold than bought. What every tracked investor did in Q2 2026.
Every move, largest first
| Ticker | Issuer | Move | Shares Q1 2026 → Q2 2026 | Bought / sold | Of the portfolio | Weight now | Price vs model |
|---|---|---|---|---|---|---|---|
| SEA1EUR | Seabridge Gold INC | sold | 658,050 → 0 | −$18.6M | −3.94% | — | — |
| SA | Seabridge Gold INC | bought | — → 647,986 | +$16.7M | +3.52% | 3.5% | — |
| INTC | Intel Corp | reduced −43% | 249,846 → 141,569 | −$15.1M | −3.19% | 4.2% | 63% undervalued |
| COHR | Coherent Corp | reduced −35% | 64,539 → 42,046 | −$8.9M | −1.87% | 3.5% | 42% undervalued |
| DELL | Dell Technologies INC | reduced −20% | 78,282 → 62,293 | −$6.9M | −1.46% | 5.7% | 42% overvalued |
| INTU | Intuit | added +264% | 6,869 → 25,020 | +$4.7M | +1.00% | 1.4% | 24% undervalued |
| APH | Amphenol Corp | bought | — → 21,645 | +$3.8M | +0.81% | 0.8% | 66% overvalued |
| MKTX | Marketaxess Hldgs INC | added +66% | 31,423 → 52,054 | +$2.3M | +0.49% | 1.2% | — |
| COP | Conocophillips | reduced −41% | 41,762 → 24,761 | −$1.8M | −0.37% | 0.5% | 24% undervalued |
| CTRA | Coterra Energy INC | sold | 49,090 → 0 | −$1.7M | −0.36% | — | — |
| VNT | Vontier Corporation | added +25% | 222,194 → 276,939 | +$1.6M | +0.34% | 1.7% | — |
| DVN | Devon Energy Corp New | added +117% | 28,973 → 62,891 | +$1.4M | +0.30% | 0.5% | 32% undervalued |
| WDAY | Workday INC | added +29% | 37,898 → 48,837 | +$1.3M | +0.28% | 1.3% | 339% overvalued |
| DHR | Danaher Corp Del | added +19% | 36,228 → 43,029 | +$1.3M | +0.27% | 1.7% | 59% overvalued |
| XOM | Exxon Mobil Corp | reduced −6% | 134,915 → 126,367 | −$1.2M | −0.25% | 3.7% | 13% overvalued |
| FTV | Fortive Corp | added +27% | 63,238 → 80,408 | +$1.0M | +0.22% | 1.0% | 24% overvalued |
| FDX | Fedex Corp | reduced −21% | 15,028.5 → 11,836 | −$999,670.7 | −0.21% | 0.8% | 55% overvalued |
| BAM | Brookfield Asset Managmt LTD | added +48% | 42,080 → 62,424 | +$912,428.3 | +0.19% | 0.6% | — |
| CMCO | Columbus Mckinnon Corp N Y | added +12% | 478,328 → 534,610 | +$851,546.6 | +0.18% | 1.7% | — |
| SEI | Solaris Energy Infras INC | sold | 14,868 → 0 | −$840,191 | −0.18% | — | — |
| CME | Cme Group INC | added +19% | 18,498 → 22,089 | +$793,000.6 | +0.17% | 1.0% | 18% overvalued |
| IBM | International Business Machs | added +8% | 36,942 → 39,723 | +$782,045 | +0.17% | 2.4% | 12% undervalued |
| VTOL | Bristow Group INC | added +17% | 92,927 → 108,398 | +$639,261.7 | +0.14% | 0.9% | — |
| BRK/B | Berkshire Hathaway INC Del | reduced −4% | 23,478 → 22,466 | −$506,394.6 | −0.11% | 2.4% | 21% overvalued |
| UNH | Unitedhealth Group INC | reduced −4% | 28,888 → 27,680 | −$502,081 | −0.11% | 2.4% | 19% overvalued |
| GOOG | Alphabet INC | reduced −3% | 46,423 → 45,086 | −$472,402.2 | −0.10% | 3.4% | 49% overvalued |
| TKR | Timken CO | reduced −5% | 59,290 → 56,168 | −$453,689.1 | −0.10% | 1.7% | — |
| SWK | Stanley Black & Decker INC | added +5% | 92,203 → 96,652 | +$418,739.9 | +0.09% | 1.9% | 56% overvalued |
| LUMN | Lumen Technologies INC | reduced −2% | 2.4M → 2.4M | −$343,234.5 | −0.07% | 3.9% | — |
| AZZ | Azz INC | sold | 2,351 → 0 | −$294,181 | −0.06% | — | — |
| FANG | Diamondback Energy INC | reduced −2% | 82,958 → 81,302 | −$291,092.9 | −0.06% | 3.0% | 57% undervalued |
| TXN | Texas Instrs INC | reduced −40% | 2,158 → 1,294 | −$257,532.8 | −0.05% | 0.1% | 131% overvalued |
| SLB | Slb Limited | reduced −3% | 172,854 → 167,511 | −$248,395.4 | −0.05% | 1.6% | 22% undervalued |
| ELV | Elevance Health INC Formerly | reduced −2% | 28,114 → 27,514 | −$232,038 | −0.05% | 2.2% | 20% undervalued |
| BN | Brookfield Corp | reduced −2% | 236,693 → 231,334 | −$228,239.8 | −0.05% | 2.1% | — |
| GEV | Ge Vernova INC | bought | — → 193 | +$226,748 | +0.05% | 0.0% | 77% overvalued |
| SM | Sm Energy Company | sold | 7,003 → 0 | −$218,354 | −0.05% | — | — |
| ILMN | Illumina INC | reduced −3% | 44,778 → 43,610 | −$205,369.4 | −0.04% | 1.6% | — |
| EQT | Eqt Corp | reduced −2% | 226,057 → 222,416 | −$193,592 | −0.04% | 2.5% | 39% overvalued |
| PR | Permian Resources Corp | reduced −2% | 516,902 → 506,641 | −$188,905 | −0.04% | 2.0% | — |
| SW | Smurfit Westrock PLC | reduced −3% | 160,915 → 156,841 | −$188,463.2 | −0.04% | 1.5% | 9% undervalued |
| VOO | Vanguard Index Fds | reduced −23% | 1,127 → 872 | −$175,149 | −0.04% | 0.1% | — |
| PHYS | Sprott Asset Management LP | reduced −1% | 834,961 → 829,987 | −$150,065.6 | −0.03% | 5.3% | — |
| GNRC | Generac Hldgs INC | reduced −2% | 22,794 → 22,318 | −$139,377.6 | −0.03% | 1.4% | 52% overvalued |
| ST | Sensata Technologies Hldg Pl | reduced −2% | 128,294 → 125,840 | −$117,154 | −0.02% | 1.3% | — |
| WEAT | Teucrium Commodity Tr | bought | — → 4,900 | +$107,947 | +0.02% | 0.0% | — |
| MSFT | Microsoft Corp | added +1% | 27,496 → 27,758 | +$97,730.9 | +0.02% | 2.2% | 10% overvalued |
| EG | Everest Group LTD | reduced −24% | 1,082 → 822 | −$92,879.8 | −0.02% | 0.1% | 7% undervalued |
| CVX | Chevron Corporation | reduced −10% | 5,115 → 4,592 | −$86,692.5 | −0.02% | 0.2% | 9% overvalued |
| META | Meta Platforms INC | reduced −2% | 6,056 → 5,918 | −$77,739.8 | −0.02% | 0.7% | 10% overvalued |
| IVV | Ishares Tr | sold | 116 → 0 | −$75,949 | −0.02% | — | — |
| DIS | Disney Walt CO | added +1% | 66,356 → 67,131 | +$74,593.8 | +0.02% | 1.4% | 9% undervalued |
| VTI | Vanguard Index Fds | reduced −8% | 2,639 → 2,441 | −$73,277 | −0.02% | 0.2% | — |
| TMO | Thermo Fisher Scientific INC | added +1% | 14,146 → 14,289 | +$71,694.5 | +0.02% | 1.5% | 78% overvalued |
| CORN | Teucrium Commodity Tr | bought | — → 4,000 | +$67,000 | +0.01% | 0.0% | — |
| GDXJ | Vaneck ETF Trust | reduced −7% | 10,353 → 9,672 | −$66,908.3 | −0.01% | 0.2% | — |
| DIA | State Str Spdr Dow Jones Ind | reduced −22% | 569 → 444 | −$65,298.7 | −0.01% | 0.0% | — |
| MCO | Moodys Corp | reduced −2% | 5,850 → 5,707 | −$64,771.3 | −0.01% | 0.5% | 100% overvalued |
| BAC | Bank Of Amer Corp | reduced −2% | 51,725 → 50,610 | −$63,532.7 | −0.01% | 0.6% | 1% overvalued |
| VGT | Vanguard World Fd | added +700% | 75 → 600 | +$62,748 | +0.01% | 0.0% | — |
| TREX | Trex INC | added +1% | 84,871 → 86,107 | +$61,849.4 | +0.01% | 0.9% | — |
| IWF | Ishares Tr | sold | 141 → 0 | −$60,122 | −0.01% | — | — |
| IWB | Ishares Tr | sold | 161 → 0 | −$57,406 | −0.01% | — | — |
| VRSN | Verisign INC | reduced −2% | 14,348 → 14,120 | −$57,355.7 | −0.01% | 0.8% | 43% overvalued |
| IWS | Ishares Tr | sold | 368 → 0 | −$53,632 | −0.01% | — | — |
| IWD | Ishares Tr | sold | 247 → 0 | −$52,776 | −0.01% | — | — |
| ACGL | Arch Cap Group LTD | added +1% | 81,086 → 81,619 | +$51,733 | +0.01% | 1.7% | 38% undervalued |
| TAGS | Teucrium Commodity Tr | bought | — → 2,000 | +$47,674 | +0.01% | 0.0% | — |
| URA | Global X Fds | reduced −18% | 6,114 → 5,038 | −$47,021.3 | −0.01% | 0.0% | — |
| MOAT | Vaneck ETF Trust | reduced −7% | 6,629 → 6,181 | −$46,574.7 | −0.01% | 0.1% | — |
| RIG | Transocean LTD | reduced −34% | 27,743 → 18,265 | −$46,347.5 | −0.01% | 0.0% | — |
| ILF | Ishares Tr | sold | 1,300 → 0 | −$46,176 | −0.01% | — | — |
| FNDF | Schwab Strategic Tr | reduced −6% | 14,694 → 13,849 | −$44,582.2 | −0.01% | 0.2% | — |
| CRK | Comstock Res INC | added +1% | 396,089 → 399,068 | +$44,446.7 | +0.01% | 1.3% | — |
| CI | The Cigna Group | added +0% | 31,112 → 31,263 | +$41,627.7 | +0.01% | 1.8% | 3% overvalued |
| OVV | Ovintiv INC | reduced −4% | 19,300 → 18,533 | −$40,382.5 | −0.01% | 0.2% | — |
| UPS | United Parcel Svcs INC | added +1% | 25,193 → 25,554 | +$38,807.5 | +0.01% | 0.6% | 38% undervalued |
| VEA | Vanguard Tax-managed Fds | reduced −5% | 10,646 → 10,157 | −$34,841.2 | −0.01% | 0.2% | — |
| XLE | Select Sector Spdr Tr | reduced −3% | 13,480 → 13,125 | −$18,854.4 | −0.00% | 0.1% | — |
| EU | Encore Energy Corp | sold | 10,000 → 0 | −$18,000 | −0.00% | — | — |
| MA | Mastercard Incorporated | reduced −2% | 1,588 → 1,553 | −$17,976 | −0.00% | 0.2% | 15% overvalued |
| QCOM | Qualcomm INC | added +0% | 62,118 → 62,213 | +$17,555.1 | +0.00% | 2.4% | 28% overvalued |
| VYM | Vanguard Whitehall Fds | reduced −3% | 3,647 → 3,537 | −$17,383.3 | −0.00% | 0.1% | — |
| NLR | Vaneck ETF Trust | reduced −68% | 216 → 70 | −$16,933.9 | −0.00% | 0.0% | — |
| SPSM | Spdr Series Trust | reduced −4% | 7,242 → 6,968 | −$15,801.6 | −0.00% | 0.1% | — |
| XOP | Spdr Series Trust | reduced −3% | 2,918 → 2,816 | −$15,734.2 | −0.00% | 0.1% | — |
| VIGI | Vanguard Whitehall Fds | added +63% | 268 → 436 | +$15,688 | +0.00% | 0.0% | — |
| IVW | Ishares Tr | sold | 135 → 0 | −$15,270 | −0.00% | — | — |
| NVDA | Nvidia Corporation | reduced −5% | 1,560 → 1,485 | −$15,006.8 | −0.00% | 0.1% | 3% undervalued |
| SCHC | Schwab Strategic Tr | bought | — → 300 | +$14,436 | +0.00% | 0.0% | — |
| RSP | Invesco Exchange Traded Fd T | added +1% | 4,732 → 4,792 | +$12,765 | +0.00% | 0.2% | — |
| VIG | Vanguard Specialized Funds | added +1% | 4,062 → 4,115 | +$12,540.9 | +0.00% | 0.2% | — |
| REI | Ring Energy INC | added +21% | 53,191 → 64,391 | +$12,096 | +0.00% | 0.0% | — |
| CRGY | Crescent Energy Company | added +1% | 227,213 → 228,438 | +$12,029.5 | +0.00% | 0.5% | — |
| AR | Antero Resources Corp | reduced −4% | 7,970 → 7,647 | −$11,350.2 | −0.00% | 0.1% | — |
| VUG | Vanguard Index Fds | added +500% | 22 → 132 | +$9,475 | +0.00% | 0.0% | — |
| NOG | Northern Oil & Gas INC | added +1% | 42,343 → 42,782 | +$7,967.8 | +0.00% | 0.2% | — |
| IJH | Ishares Tr | sold | 107 → 0 | −$7,226 | −0.00% | — | — |
| VYMI | Vanguard Whitehall Fds | added +1% | 3,960 → 4,015 | +$5,401 | +0.00% | 0.1% | — |
| ERO | Ero Copper Corp | reduced −1% | 33,593 → 33,393 | −$5,350 | −0.00% | 0.2% | — |
Bought / sold is the change in shares × the quarter's reported price (value ÷ shares in the filing); a position sold out is priced at the quarter before, since it has no price in this one. “Of the portfolio” is that amount against this quarter's reported book.
Source: the manager's Form 13F-HR on SEC EDGAR, kept as immutable quarterly snapshots; changes compare two consecutive filings. A 13F is filed up to 45 days after quarter end and covers US-listed long positions only. Tickers come from a self-maintained CUSIP map; a position without one shows its CUSIP. Method notes in where the numbers come from.