Mark Boyar

Mark Boyar's Q2 2026 filings show a broad pullback across three sectors, with no net additions recorded over the period. Financials saw the largest reduction, down $45.2M. Communication Services followed with a $33.4M decrease, and Information Technology fell by $28.7M — even as Boyar publicly argued that Magnificent Seven valuations had become compelling for the first time in years, a tension worth noting given the tech-adjacent trimming. Boyar also sounded a cautionary note on semiconductors specifically, drawing parallels to dot-com-era speculation — a view that sits alongside, rather than contradicts, his more constructive take on the largest mega-cap names. Across the full book, $170.5M was reshuffled over the 90-day window, suggesting the moves reflect a selective repositioning rather than a wholesale retreat from equities.