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Stocks•19 April 2026•

1 min read

Lecap Asset Management Rebalances Portfolio with Major Stakes in Cummins and Everest Group

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Key Facts

1Lecap Asset Management acquired 21,573 shares of Unum Group valued at approximately $1.67 million.

2The firm increased its stake in Cummins Inc. by 78.7%, making it the 13th largest holding in its portfolio.

3Lecap reduced its stake in The TJX Companies by 54.2% despite the company's strong financial performance.

Lecap Asset Management Ltd. has disclosed significant adjustments to its investment portfolio for the fourth quarter, focusing on strengthening positions across various sectors. The firm acquired 21,573 shares of Unum Group, valued at approximately $1.67 million, and increased its stake in Cummins Inc. by 78.7%, making it the 13th largest holding in its portfolio. Everest Group saw the most dramatic increase, with the firm raising its stake by 359.8% to reach a total value of $1.76 million. Conversely, Lecap reduced its position in The TJX Companies by 54.2%, despite the retailer's robust financial performance. These moves reflect a strategic capital reallocation based on institutional performance assessments and future market outlooks.