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ArkolithCapital rotation

Q2 2026 · 4,594 filers with two consecutive 13F filings · Updated Sep 5, 2026 · SEC EDGAR 13F

Sector Rotation Chart, Q2 2026: 13F Filers Moved Into Information Technology (+$58.0B)

In Q2 2026, 4,594 13F filers moved a net +$58.0B into Information Technology (2,726 funds adding, 1,409 trimming), up from #11 in Q1 2026. Financials saw the largest outflow at −$23.1B (2,147 adding, 1,858 trimming).

13F holdings are filed up to 45 days after quarter-end; positions are as of 2026-06-30 and were broadly public by ~2026-08-14. This is where money WAS, not where it is now.

All 11 sectors, Q2 2026

Net flowBreadth% of bookQ1 2026
  1. 1Information Technology2,726 adding · 1,409 trimming · 66% breadth · 9.24% of book · was #11+$58.0B66% adding9.24%#11
  2. 2Industrials2,349 adding · 1,522 trimming · 61% breadth · 4.88% of book · was #5−$1.1B61% adding4.88%#5
  3. 3Real Estate1,390 adding · 1,015 trimming · 58% breadth · 3.21% of book · was #4−$1.1B58% adding3.21%#4
  4. 4Utilities1,575 adding · 1,370 trimming · 53% breadth · 3.16% of book · was #3−$2.3B53% adding3.16%#3
  5. 5Materials1,791 adding · 1,569 trimming · 53% breadth · 2.90% of book · was #8−$2.8B53% adding2.90%#8
  6. 6Consumer Staples1,468 adding · 1,369 trimming · 52% breadth · 1.58% of book · was #6−$3.6B52% adding1.58%#6
  7. 7Health Care2,140 adding · 1,564 trimming · 58% breadth · 3.63% of book · was #1−$4.1B58% adding3.63%#1
  8. 8Communication Services1,483 adding · 1,673 trimming · 47% breadth · -0.65% of book · was #7−$4.5B47% adding-0.65%#7
  9. 9Energy1,315 adding · 1,856 trimming · 41% breadth · -1.53% of book · was #2−$6.7B41% adding-1.53%#2
  10. 10Consumer Discretionary2,043 adding · 1,846 trimming · 53% breadth · 1.86% of book · was #10−$8.8B53% adding1.86%#10
  11. 11Financials2,147 adding · 1,858 trimming · 54% breadth · 0.36% of book · was #9−$23.1B54% adding0.36%#9

Net flow is conviction-weighted and shown net of the cohort's own book growth (4.78% this quarter), so the sign answers "above or below the tide". Breadth is the share of changed funds that added. Every row links to the names and funds behind it.

What moved in Q2 2026

Conviction-weighted net flow per name, from the same filings

Bought into Information Technology

adding / trimming
  1. SPCXSPACE EXPLORATION TECHN-CL A823/0+$60.6B
  2. KLACKLA CORP1227/43+$12.4B
  3. MUMICRON TECHNOLOGY INC1163/827+$6.1B
  4. GOOGALPHABET INC-CL C1156/1321+$5.5B
  5. CBRSCEREBRAS SYSTEMS INC - A156/0+$4.7B
All Information Technology names and funds

Sold out of Financials

adding / trimming
  1. MAMASTERCARD INC - A806/892−$999.2M
  2. BACBANK OF AMERICA CORP918/772−$704.4M
  3. GLDSPDR GOLD SHARES582/753−$569.4M
  4. AONAON PLC-CLASS A251/232−$479.2M
All Financials names and funds

Funds driving Information Technology

focus score
  1. D1 Capital Partners L.P.92+$19.9B
  2. Gigafund Management Company, LLC50+$14.7B
  3. Capricorn Investment Group LLC50+$10.4B

Use this with your agent

The same sourced result, every quarter and every sector's names and funds, through the REST API and MCP server. Following is free; building starts with a $1 trial.

capital_rotation(period="2026-06-30")
GET /api/v1/rotation?period=2026-06-30
Connect your agentStart your $1 trial

8 quarters of rotation

Q3 2024 to Q2 2026
Sector rotation by quarter: conviction-weighted net flow per sector, Q3 2024 to Q2 2026Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '261Information TechnologyInformation Technology · Q3 2024: −$5.2B conviction-weighted net flow, 740 adding / 467 trimming, rank #9Information Technology · Q4 2024: +$6.0B conviction-weighted net flow, 1,461 adding / 1,237 trimming, rank #2Information Technology · Q1 2025: −$30.1B conviction-weighted net flow, 1,366 adding / 1,734 trimming, rank #11Information Technology · Q2 2025: +$12.1B conviction-weighted net flow, 1,946 adding / 1,206 trimming, rank #2Information Technology · Q3 2025: +$8.4B conviction-weighted net flow, 2,014 adding / 1,604 trimming, rank #1Information Technology · Q4 2025: −$40.4B conviction-weighted net flow, 2,115 adding / 2,212 trimming, rank #11Information Technology · Q1 2026: −$29.5B conviction-weighted net flow, 2,224 adding / 2,581 trimming, rank #11Information Technology · Q2 2026: +$58.0B conviction-weighted net flow, 2,726 adding / 1,409 trimming, rank #1+$58.0B2IndustrialsIndustrials · Q3 2024: +$18.9B conviction-weighted net flow, 710 adding / 478 trimming, rank #1Industrials · Q4 2024: +$1.2B conviction-weighted net flow, 1,330 adding / 1,222 trimming, rank #3Industrials · Q1 2025: −$4.7B conviction-weighted net flow, 1,450 adding / 1,450 trimming, rank #9Industrials · Q2 2025: −$4.4B conviction-weighted net flow, 1,707 adding / 1,242 trimming, rank #8Industrials · Q3 2025: −$10.2M conviction-weighted net flow, 1,888 adding / 1,568 trimming, rank #6Industrials · Q4 2025: −$4.6B conviction-weighted net flow, 2,032 adding / 2,060 trimming, rank #9Industrials · Q1 2026: +$127.2M conviction-weighted net flow, 2,228 adding / 2,282 trimming, rank #5Industrials · Q2 2026: −$1.1B conviction-weighted net flow, 2,349 adding / 1,522 trimming, rank #2−$1.1B3Real EstateReal Estate · Q3 2024: +$8.0B conviction-weighted net flow, 518 adding / 357 trimming, rank #2Real Estate · Q4 2024: −$3.9B conviction-weighted net flow, 721 adding / 1,048 trimming, rank #8Real Estate · Q1 2025: +$1.9B conviction-weighted net flow, 1,074 adding / 881 trimming, rank #5Real Estate · Q2 2025: −$4.2B conviction-weighted net flow, 1,046 adding / 906 trimming, rank #7Real Estate · Q3 2025: −$1.8B conviction-weighted net flow, 1,192 adding / 1,029 trimming, rank #8Real Estate · Q4 2025: +$3.8B conviction-weighted net flow, 1,320 adding / 1,344 trimming, rank #5Real Estate · Q1 2026: +$1.9B conviction-weighted net flow, 1,533 adding / 1,320 trimming, rank #4Real Estate · Q2 2026: −$1.1B conviction-weighted net flow, 1,390 adding / 1,015 trimming, rank #3−$1.1B4UtilitiesUtilities · Q3 2024: +$3.5B conviction-weighted net flow, 562 adding / 369 trimming, rank #4Utilities · Q4 2024: +$1.1B conviction-weighted net flow, 1,155 adding / 847 trimming, rank #4Utilities · Q1 2025: +$3.0B conviction-weighted net flow, 1,299 adding / 987 trimming, rank #3Utilities · Q2 2025: −$1.4B conviction-weighted net flow, 1,277 adding / 1,041 trimming, rank #4Utilities · Q3 2025: +$545.1M conviction-weighted net flow, 1,496 adding / 1,085 trimming, rank #4Utilities · Q4 2025: −$1.1B conviction-weighted net flow, 1,593 adding / 1,498 trimming, rank #7Utilities · Q1 2026: +$5.7B conviction-weighted net flow, 2,049 adding / 1,426 trimming, rank #3Utilities · Q2 2026: −$2.3B conviction-weighted net flow, 1,575 adding / 1,370 trimming, rank #4−$2.3B5MaterialsMaterials · Q3 2024: +$6.3B conviction-weighted net flow, 630 adding / 451 trimming, rank #3Materials · Q4 2024: −$4.9B conviction-weighted net flow, 994 adding / 1,326 trimming, rank #9Materials · Q1 2025: +$3.3B conviction-weighted net flow, 1,332 adding / 1,259 trimming, rank #2Materials · Q2 2025: +$6.2B conviction-weighted net flow, 1,387 adding / 1,230 trimming, rank #3Materials · Q3 2025: +$289.2M conviction-weighted net flow, 1,554 adding / 1,408 trimming, rank #5Materials · Q4 2025: +$8.6B conviction-weighted net flow, 1,796 adding / 1,795 trimming, rank #3Materials · Q1 2026: −$2.6B conviction-weighted net flow, 2,002 adding / 1,948 trimming, rank #8Materials · Q2 2026: −$2.8B conviction-weighted net flow, 1,791 adding / 1,569 trimming, rank #5−$2.8B6Consumer StaplesConsumer Staples · Q3 2024: −$2.1B conviction-weighted net flow, 450 adding / 479 trimming, rank #7Consumer Staples · Q4 2024: −$722.1M conviction-weighted net flow, 779 adding / 1,257 trimming, rank #6Consumer Staples · Q1 2025: +$54.1M conviction-weighted net flow, 1,132 adding / 1,154 trimming, rank #7Consumer Staples · Q2 2025: −$3.1B conviction-weighted net flow, 1,117 adding / 1,210 trimming, rank #6Consumer Staples · Q3 2025: −$2.5B conviction-weighted net flow, 1,178 adding / 1,389 trimming, rank #9Consumer Staples · Q4 2025: −$2.8B conviction-weighted net flow, 1,391 adding / 1,657 trimming, rank #8Consumer Staples · Q1 2026: −$514.1M conviction-weighted net flow, 1,669 adding / 1,606 trimming, rank #6Consumer Staples · Q2 2026: −$3.6B conviction-weighted net flow, 1,468 adding / 1,369 trimming, rank #6−$3.6B7Health CareHealth Care · Q3 2024: −$8.4B conviction-weighted net flow, 618 adding / 500 trimming, rank #10Health Care · Q4 2024: −$15.6B conviction-weighted net flow, 1,045 adding / 1,443 trimming, rank #11Health Care · Q1 2025: +$1.7B conviction-weighted net flow, 1,501 adding / 1,315 trimming, rank #6Health Care · Q2 2025: −$8.1B conviction-weighted net flow, 1,361 adding / 1,500 trimming, rank #11Health Care · Q3 2025: −$8.3B conviction-weighted net flow, 1,703 adding / 1,541 trimming, rank #11Health Care · Q4 2025: +$10.7B conviction-weighted net flow, 2,078 adding / 1,818 trimming, rank #2Health Care · Q1 2026: +$22.7B conviction-weighted net flow, 2,207 adding / 2,129 trimming, rank #1Health Care · Q2 2026: −$4.1B conviction-weighted net flow, 2,140 adding / 1,564 trimming, rank #7−$4.1B8Communication ServicesCommunication Services · Q3 2024: +$1.6B conviction-weighted net flow, 530 adding / 475 trimming, rank #5Communication Services · Q4 2024: −$1.4B conviction-weighted net flow, 952 adding / 1,132 trimming, rank #7Communication Services · Q1 2025: −$3.7B conviction-weighted net flow, 1,214 adding / 1,150 trimming, rank #8Communication Services · Q2 2025: −$2.8B conviction-weighted net flow, 1,362 adding / 1,085 trimming, rank #5Communication Services · Q3 2025: +$3.7B conviction-weighted net flow, 1,442 adding / 1,315 trimming, rank #3Communication Services · Q4 2025: +$34.8B conviction-weighted net flow, 2,212 adding / 1,173 trimming, rank #1Communication Services · Q1 2026: −$836.6M conviction-weighted net flow, 2,031 adding / 1,657 trimming, rank #7Communication Services · Q2 2026: −$4.5B conviction-weighted net flow, 1,483 adding / 1,673 trimming, rank #8−$4.5B9EnergyEnergy · Q3 2024: −$2.9B conviction-weighted net flow, 481 adding / 457 trimming, rank #8Energy · Q4 2024: −$121.3M conviction-weighted net flow, 1,008 adding / 1,084 trimming, rank #5Energy · Q1 2025: +$2.8B conviction-weighted net flow, 1,350 adding / 1,026 trimming, rank #4Energy · Q2 2025: −$5.8B conviction-weighted net flow, 1,121 adding / 1,290 trimming, rank #9Energy · Q3 2025: +$5.1B conviction-weighted net flow, 1,460 adding / 1,169 trimming, rank #2Energy · Q4 2025: +$5.4B conviction-weighted net flow, 1,652 adding / 1,542 trimming, rank #4Energy · Q1 2026: +$22.0B conviction-weighted net flow, 2,194 adding / 1,485 trimming, rank #2Energy · Q2 2026: −$6.7B conviction-weighted net flow, 1,315 adding / 1,856 trimming, rank #9−$6.7B10Consumer DiscretionaryConsumer Discretionary · Q3 2024: −$847.6M conviction-weighted net flow, 656 adding / 503 trimming, rank #6Consumer Discretionary · Q4 2024: +$28.1B conviction-weighted net flow, 1,333 adding / 1,231 trimming, rank #1Consumer Discretionary · Q1 2025: −$10.5B conviction-weighted net flow, 1,356 adding / 1,582 trimming, rank #10Consumer Discretionary · Q2 2025: +$18.2B conviction-weighted net flow, 1,770 adding / 1,228 trimming, rank #1Consumer Discretionary · Q3 2025: −$371.5M conviction-weighted net flow, 1,753 adding / 1,687 trimming, rank #7Consumer Discretionary · Q4 2025: −$377.5M conviction-weighted net flow, 2,045 adding / 2,066 trimming, rank #6Consumer Discretionary · Q1 2026: −$12.5B conviction-weighted net flow, 2,194 adding / 2,360 trimming, rank #10Consumer Discretionary · Q2 2026: −$8.8B conviction-weighted net flow, 2,043 adding / 1,846 trimming, rank #10−$8.8B11FinancialsFinancials · Q3 2024: −$19.0B conviction-weighted net flow, 620 adding / 540 trimming, rank #11Financials · Q4 2024: −$9.7B conviction-weighted net flow, 1,525 adding / 1,109 trimming, rank #10Financials · Q1 2025: +$36.2B conviction-weighted net flow, 1,655 adding / 1,369 trimming, rank #1Financials · Q2 2025: −$6.6B conviction-weighted net flow, 1,809 adding / 1,278 trimming, rank #10Financials · Q3 2025: −$5.0B conviction-weighted net flow, 2,052 adding / 1,480 trimming, rank #10Financials · Q4 2025: −$14.0B conviction-weighted net flow, 2,165 adding / 2,060 trimming, rank #10Financials · Q1 2026: −$6.3B conviction-weighted net flow, 2,145 adding / 2,553 trimming, rank #9Financials · Q2 2026: −$23.1B conviction-weighted net flow, 2,147 adding / 1,858 trimming, rank #11−$23.1B
rotating in rotating outBar height is conviction-weighted net flow, net of the cohort tide, on one scale for every cell (largest $58.0B). Rows follow the newest quarter's rank.

Sector map

color is direction, opacity is magnitude
Information Technology
+$58.0B
rank #1 · 66% adding
Industrials
−$1.1B
rank #2 · 61% adding
Real Estate
−$1.1B
rank #3 · 58% adding
Utilities
−$2.3B
rank #4 · 53% adding
Materials
−$2.8B
rank #5 · 53% adding
Consumer Staples
−$3.6B
rank #6 · 52% adding
Health Care
−$4.1B
rank #7 · 58% adding
Communication Services
−$4.5B
rank #8 · 47% adding
Energy
−$6.7B
rank #9 · 41% adding
Consumer Discretionary
−$8.8B
rank #10 · 53% adding
Financials
−$23.1B
rank #11 · 54% adding

How this chart is built

Each of the 4,594 funds is compared with its own prior 13F (both filings must exist, so a first-time filer cannot fake an inflow). A position's flow is the added fraction of its current reported value or the removed fraction of its prior reported value: no market price enters, and no single row can exceed what the filer reported. Flows are weighted by a price-free conviction score (concentration, selectivity, book growth, insider co-buy) and each sector is shown net of the cohort's aggregate book change. Sectors come from SEC SIC codes, which misfile some conglomerates and holding companies. Option lines, ETFs and unresolved instruments are excluded.

Frequently asked questions

Which sector are 13F filers rotating into in Q2 2026?

Information Technology: +$58.0B of conviction-weighted net flow from 4,594 filers, with 2,726 funds adding and 1,409 trimming (66% adding breadth).

Which sector is money leaving in Q2 2026?

Financials: −$23.1B once the cohort's own book growth is removed, with 2,147 funds adding and 1,858 trimming. Breadth close to 50% means the sector is contested rather than abandoned.

Is this a price-based sector rotation chart?

No. Price-based rotation charts (relative rotation graphs, sector ETF momentum) move daily. This chart is built from the quarterly SEC 13F filings of 4,594 institutions: each fund's positions are compared with its own prior filing, flows are valued from the filer's reported values with no market prices, weighted by a price-free conviction score, and each sector is shown net of the cohort-wide tide. It answers where disclosed capital was positioned, not where prices are heading.

How many quarters does the chart cover?

8 quarters, from Q3 2024 to Q2 2026. A quarter appears once at least 200 funds have both a current and a prior filing in it, so freshly closed quarters join as filings arrive.

How current is the data?

13F holdings are filed up to 45 days after quarter-end; positions are as of 2026-06-30 and were broadly public by ~2026-08-14. This is where money WAS, not where it is now.

Source: SEC EDGAR Form 13F (public domain)API / MCPMarkdown twin

Capital Rotation reports where institutional capital disclosed rotating, as of the latest public SEC 13F filings. It is data, not investment advice, a recommendation, or a prediction. Filings lag about 45 days and cover long US equity positions only. Past disclosed flows do not indicate future prices. Do your own research; consult a licensed advisor.

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