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Eric H. Schoenstein's Jensen Investment Management reduced its KLAC position by 52%, from 4.81% to 5.78% of the portfolio.

Now holds 790,391 shares worth $238.47M.
Published · Based on SEC filings

High impact
Major trim
2026 Q2

Eric H. Schoenstein's Jensen Investment Management reduced its KLA Corp (KLAC) position by 52% in 2026 Q2, according to the 13F-HR filed with the SEC on August 7, 2026. The stake went from 1.66M to 790K shares, worth about $238.5M, and from 4.81% to 5.78% of the reported portfolio.

What did the 2026 Q2 filing report for KLAC?

As of June 30, 2026, from the 13F-HR filed August 7, 2026.

Before After
Shares 1.66M 790K
Shares sold -866K (52%)
Reported value $243.9M $238.5M
Portfolio weight 4.81% 5.78%
Rank in portfolio 6th of 83

How much did Eric H. Schoenstein cut KLAC?

Eric H. Schoenstein sold 866K shares of KLAC during 2026 Q2, cutting the stake from 1.66M to 790K. The reported value of the position fell by about $5.4M, from about $243.9M to about $238.5M.

Where does KLAC sit in the Eric H. Schoenstein portfolio?

KLAC ranks 6th of 83 stock positions in the Eric H. Schoenstein portfolio at 5.78%, above the fund's average stock position of 1%. The largest stock position is GOOGL at 6.91%. Next come MSFT at 6.67% and AMZN at 6.09%. The three largest stocks together are 19.66% of the book. The KLAC cut was the largest of the quarter's 80 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, Eric H. Schoenstein reported 83 stock positions, with 1 opened and 2 closed. The total portfolio value is about $4.1B, down 19% from the prior quarter.

Eric H. Schoenstein buys and sells, 2026 Q2

How long has Eric H. Schoenstein held KLAC?

Eric H. Schoenstein first reported KLAC in the quarter ended June 30, 2023. The current weight is the highest the fund has reported for the name. This is the second straight quarter of cuts. Last quarter the fund trimmed it by 13%. Every reported trade is on the Eric H. Schoenstein KLAC trade history page.

Eric H. Schoenstein shares of KLAC by quarter

FAQ

How many KLAC shares did Eric H. Schoenstein sell in 2026 Q2?

Eric H. Schoenstein sold 866K shares of KLAC, 52% of the position, leaving 790K shares.

What remains of the KLAC position of Eric H. Schoenstein?

Eric H. Schoenstein still holds 790K shares of KLAC, worth about $238.5M at June 30, 2026 prices.

How much of the Eric H. Schoenstein portfolio is KLAC now?

KLAC is 5.78% of the Eric H. Schoenstein portfolio, down from 4.81% a quarter earlier.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Alan Irwin
Alan Irwin
Valuesider analyst