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StocksUpdated×3•Originally published 7 May 2026•Updated 9 May 2026•

1 min read

QRG Capital Rebalances Portfolio via EW and TER Stakes Despite Earnings Beat

Key Facts

1QRG Capital Management increased its stake in Edwards Lifesciences by 50.1% during the fourth quarter.

2QRG Capital reduced its stake in Teradyne by 70.1% despite the company beating earnings and revenue expectations.

3Teradyne reported Q1 earnings per share of $2.56, exceeding the consensus estimate of $2.11.

QRG Capital Management executed significant portfolio rebalancing, notably increasing its stake in Edwards Lifesciences by 50.1% while slashing its position in Teradyne by 70.1% despite a Q1 earnings beat. In the energy sector, the firm expanded its exposure to Phillips 66, which reported revenue of $32.54 billion, alongside a new $809,000 investment by Carlson Capital in EOG Resources. EOG further strengthened its position by beating Q1 earnings estimates and announcing a dividend of $1.02 per share. Additionally, QRG increased its stake in Old Dominion Freight Line by 48% despite significant insider selling totaling nearly $20 million. These institutional shifts highlight a strategic focus on robust corporate performance across the energy, technology, and logistics sectors.

26 days ago

Version History

Version 326 days ago

What changed: Added Carlson Capital's investment data in EOG Resources and details of its Q1 financial performance.

Version 227 days ago

What changed: The story was updated to include QRG Capital's increased stake in Phillips 66 (PSX) and its Q1 revenue figures.

Version 127 days ago

What changed: The story was updated to include QRG Capital's expansion into the logistics sector via ODFL, contrasting institutional buying with significant insider selling despite an earnings beat.