Q2 2026 13F · SEC CIK 1766907

Act Two Investors LLC

Wealth managerFiled 2026-08-10 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $494.7M
Reported positions: 37
Top holdings a year, 3 yrs: +13.1%
Assets under management: $647.0M

Act Two Investors LLC is a wealth manager that reported 37 positions worth $494.7M in its Q2 2026 13F, filed 2026-08-10. Its largest holdings were Alphabet Inc (GOOG, 14.9%), Microsoft Corp (MSFT, 10.8%), Amazon Com Inc (AMZN, 8.5%). A portfolio copying its top holdings returned 13.1% a year over the last 3 years, against 20.4% for the S&P 500.

Act Two Investors LLC holdings all 37 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Act Two Investors LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
GOOGAlphabet Inc	14.9%	15.0%	209,221	-11.6%	$73.9M
MSFTMicrosoft Corp	10.8%	11.7%	143,167	+0.4%	$53.4M
AMZNAmazon Com Inc	8.5%	8.2%	175,801	-0.9%	$41.9M
VVisa Inc	7.2%	6.9%	104,310	+0.1%	$35.8M
IQVIqvia Hldgs Inc	6.2%	6.0%	158,746	+0.1%	$30.7M
TMUST-Mobile US Inc	5.1%	7.0%	151,082	-0.4%	$25.3M
LLYEli Lilly & Co	4.7%	1.7%	19,302	+136.1%	$23.2M
AAPLApple Inc	4.5%	4.3%	77,201	-0.0%	$22.3M
NVDANvidia Corporation	4.3%	4.0%	105,122	+0.3%	$21.0M
IEFIshares Tr	4.0%	4.4%	206,772	-0.5%	$19.6M
SLMSlm Corp	3.8%	3.3%	716,772	+1.3%	$18.6M
ADPAutomatic Data Processing in	3.6%	2.1%	79,607	+70.0%	$17.8M
ESEversource Energy	3.5%	6.3%	238,057	-41.8%	$17.2M
SYKStryker Corporation	3.2%	0.9%	50,217	+319.7%	$15.8M
JPMJpmorgan Chase & Co	1.8%	1.8%	27,491	+0.0%	$9.0M
SCHRSchwab Strategic Tr	1.8%	1.9%	354,554	+1.3%	$8.7M
ACNAccenture PLC Ireland	1.7%	New	69,325	—	$8.6M
MCKMckesson Corp	1.4%	1.7%	8,920	+0.0%	$6.7M
SCHOSchwab Strategic Tr	1.3%	1.3%	256,210	+5.5%	$6.2M
NFLXNetflix Inc.	1.1%	0.1%	77,907	+1087.6%	$5.6M
INTUIntuit	0.9%	1.1%	17,595	+50.7%	$4.6M
VGLTVanguard Scottsdale Fds	0.8%	1.2%	74,530	-23.8%	$4.1M
CNICanadian Natl Ry Co	0.8%	0.7%	33,020	+0.0%	$3.9M
GOOGLAlphabet Inc	0.8%	0.8%	10,804	-14.2%	$3.9M
TMOThermo Fisher Scientific Inc	0.7%	0.7%	6,710	+0.0%	$3.4M
CPCanadian Pacific Kansas City	0.6%	0.6%	35,181	+0.0%	$3.0M
METAMeta Platforms Inc	0.4%	0.4%	3,550	+0.0%	$2.0M
MCDMcdonalds Corp	0.4%	0.5%	6,820	+0.0%	$1.8M
BRK-BBerkshire Hathaway Inc Del	0.3%	0.3%	2,821	-4.2%	$1.4M
MAMastercard Incorporated	0.2%	New	2,344	—	$1.2M
TSMTaiwan Semiconductor Manufac	0.2%	0.2%	2,062	-0.8%	$985K
AONAon PLC	0.2%	0.2%	2,275	+0.0%	$755K
EWBCEast West Bancorp Inc	0.1%	0.1%	5,270	+0.0%	$680K
BKNGBooking Holdings Inc	0.1%	0.1%	3,525	+2400.0%	$628K
NXPINxp Semiconductors N V	0.1%	0.1%	1,189	+0.0%	$334K
AXPAmerican Express Co	0.1%	0.1%	979	+0.0%	$331K
ORCLOracle Corp	0.1%	0.1%	1,740	+0.0%	$255K

What Act Two Investors LLC bought and sold in Q2 2026, against Q1 2026.

Share counts compared with the Q1 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: +11.3% /yr; S&P 500 +20.1%
3 years: +13.1% /yr; S&P 500 +20.4%
5 years: +7.9% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$494.7M	37
Q1 2026	$453.2M	36
Q4 2025	$555.9M	38
Q3 2025	$564.2M	39
Q2 2025	$489.9M	37
Q1 2025	$471.8M	41
Q4 2024	$513.5M	46
Q3 2024	$530.1M	45
Q2 2024	$505.2M	49
Q1 2024	$497.9M	48
Q4 2023	$463.0M	47
Q3 2023	$373.8M	36

Questions about Act Two Investors LLC's portfolio

What stocks does Act Two Investors LLC own?

Act Two Investors LLC's latest 13F, for Q2 2026 and filed Aug 10, 2026, lists 37 positions worth $494.7M. The largest are Alphabet Inc (GOOG) at 14.9%, Microsoft Corp (MSFT) at 10.8%, Amazon Com Inc (AMZN) at 8.5%, Visa Inc (V) at 7.2% and Iqvia Hldgs Inc (IQV) at 6.2%.

What did Act Two Investors LLC buy last quarter?

In Q2 2026, Act Two Investors LLC added a new position in Accenture PLC Ireland (ACN), a new position in Mastercard Incorporated (MA), Booking Holdings Inc (BKNG) (+2400.0% shares), Netflix Inc. (NFLX) (+1087.6% shares) and Stryker Corporation (SYK) (+319.7% shares), compared with its Q1 2026 filing.

What did Act Two Investors LLC sell last quarter?

In Q2 2026, Act Two Investors LLC sold all of Disney Walt Co (DIS), Eversource Energy (ES) (-41.8% shares), Vanguard Scottsdale Fds (VGLT) (-23.8% shares) and Alphabet Inc (GOOGL) (-14.2% shares), compared with its Q1 2026 filing.

How has Act Two Investors LLC's portfolio performed?

A portfolio copying Act Two Investors LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +13.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +11.3% against +20.1%. Over 5 years: +7.9% a year against +11.6%.

When is Act Two Investors LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Act Two Investors LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Act Two Investors LLC manage?

Act Two Investors LLC reported $647.0M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $494.7M.