🐢 Dataroma: Superinvestors' Q2 Buy List Skews Defensive, Light on AI Names
Superinvestors' top-bought stocks for Q2 2026 (Nike, KKR, P&G, ADP, TE Connectivity, Tyson Foods, Abbott, Medtronic, Constellation Brands, Home Depot) are dominated by consumer staples, healthcare, and industrials rather than AI/tech leaders, even as BlackRock's midyear outlook doubles down on an 'AI scarcity' theme and 23% YoY tech-driven S&P 500 earnings growth. The tilt looks closer to PIMCO's and Schroders' calls for broadening earnings and value opportunities if rates ease, suggesting some value-oriented managers are hedging against AI-concentration risk rather than chasing it.
Why it matters: A defensive, non-AI tilt among prominent value investors alongside continued institutional enthusiasm for AI infrastructure may point to a valuation and concentration debate shaping sector rotation in the second half of 2026, though this is not investment advice.
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