LongAMZNJun 2026
Amazon.com, Inc.
Stewart owns Amazon as one of the major hyperscalers hosting AI models and supplying computing services to the rapidly developing AI ecosystem. Amazon has been a portfolio…
Stewart Asset Management Team at Ingalls Investment Management, LLC
Concentrated U.S. large-cap equity strategy focused on dominant businesses with strong balance sheets, durable competitive positions and rapidly growing earnings.$12.3B AUM12 published ideas
The Stewart Asset Management Team manages a concentrated U.S. equity strategy within Ingalls Investment Management, LLC. Its approach emphasizes owning exceptional businesses for long periods rather than actively trading around short-term share-price movements. The strategy focuses particularly on dominant companies with strong balance sheets and the ability to compound earnings over time.
Ideas from Stewart Asset Management Team at Ingalls Investment Management, LLC
LongMSFTJun 2026
Microsoft Corporation
Microsoft is a more recently added and smaller position within Stewart's group of major hyperscaler investments. The company provides computing infrastructure used by AI…
LongNVDAJun 2026
NVIDIA Corporation
Stewart views Nvidia as one of the key suppliers of the picks and shovels powering the artificial intelligence buildout. The company designs advanced chips required for AI…
LongAVGOJun 2026
Broadcom Inc.
Broadcom is one of Stewart's key semiconductor exposures to the artificial intelligence infrastructure buildout. The manager describes Broadcom alongside Nvidia as a supplier of…
LongLITEJun 2026
Lumentum Holdings Inc.
Stewart initiated a small position in Lumentum during the second quarter. Lumentum is a leader in optical networking hardware that moves data between AI chips, servers and data…
LongGOOGLJun 2026
Alphabet Inc.
Stewart owns Alphabet as one of the major hyperscalers providing computing infrastructure for leading AI models. The position has been held for several years and gives the…
LongAMZNJun 2026
Amazon.com, Inc.
Stewart owns Amazon as one of the major hyperscalers hosting AI models and supplying computing services to the rapidly developing AI ecosystem. Amazon has been a portfolio…
LongMSFTJun 2026
Microsoft Corporation
Microsoft is a more recently added and smaller position within Stewart's group of major hyperscaler investments. The company provides computing infrastructure used by AI…
LongNVDAJun 2026
NVIDIA Corporation
Stewart views Nvidia as one of the key suppliers of the picks and shovels powering the artificial intelligence buildout. The company designs advanced chips required for AI…
LongAVGOJun 2026
Broadcom Inc.
Broadcom is one of Stewart's key semiconductor exposures to the artificial intelligence infrastructure buildout. The manager describes Broadcom alongside Nvidia as a supplier of…
LongLITEJun 2026
Lumentum Holdings Inc.
Stewart initiated a small position in Lumentum during the second quarter. Lumentum is a leader in optical networking hardware that moves data between AI chips, servers and data…
LongGOOGLJun 2026
Alphabet Inc.
Stewart owns Alphabet as one of the major hyperscalers providing computing infrastructure for leading AI models. The position has been held for several years and gives the…
Letters covered
- Second Quarter 2026June 30, 2026
- Second Quarter 2026June 30, 2026
Source PDFs are not republished here; only extracted ideas and quotes.