For informational purposes only — not investment advice

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Q

LONGSHORTINSIDER BUYINSIDER SELLCONGRESS BUY

Qnity Electronics Inc

Research: Finviz ↗·Perplexity ↗

🗄 Viewing archived Q1 2026 data — frozen, no longer refreshed.

Buyers
3
3.30
Sellers
3
2.07
vs SPY
+3.7%
Stock return (since Q-end)
+23.4%
SPY return (since Q-end)
+19.7%
Current price
$142.30
Days to cover (short int.)
2.5d↑+11.2%
as of 2026-07-31

News Summary

Positive

Qnity delivered exceptional Q1 and Q2 2026 results with consecutive earnings beats, 18-22% revenue growth, and three rounds of guidance increases totaling ~11% at the midpoint—demonstrating strong execution in high-growth markets like advanced packaging and AI semiconductors. Strategic wins with NVIDIA and Apple, combined with a $100M EBITDA transformation program by 2028, position the company well, though interim CFO transition and GAAP profitability pressures warrant monitoring.

Red flags

  • GAAP net income down 19% YoY in Q1 despite strong adjusted results—driven by elevated interest expense and transformation costs, indicating potential balance sheet leverage concerns
  • CFO leadership vacancy with interim replacement still in final search stages as of Q2 earnings—creates near-term financial leadership uncertainty during a critical growth phase
  • GAAP EPS down 22% YoY in Q1 while adjusted EPS up 33%—widening divergence between GAAP and adjusted metrics warrants scrutiny on sustainability of adjustments and true underlying profitability

Funds Buying (3)

FundManagerShares Held∆ SharesPosition Value% of FundQoQStatus
Durable Capital PartnersHenry Ellenbogen5.1M+2.3M$587M6.0%+82%Existing
Point72Steve Cohen541K+541K$62M0.1%NEW
Duquesne Family OfficeStanley Druckenmiller126K+126K$14M0.5%NEW

Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter. % of Fund is the position's share of the fund's reported equity portfolio — it drives the size weighting in the conviction score.

Portfolio Context

Where Q ranks in each buying fund's book, and the positions immediately around it. What a holding sits next to often says more about the thesis than the position size does.

Durable Capital Partners

position #5 of this fund's book

  1. 2DOORDASH INC$642M
  2. 3MERCADOLIBRE INC$607M
  3. 4API GROUP CORP$599M
  4. 5QNITY ELECTRONICS INC$587M
  5. 6XPO INC$571M
  6. 7FERGUSON ENTERPRISES INC$511M
  7. 8MEDLINE INC$323M

Values are quarter-end position sizes. Shown only for funds where Q ranks inside their 40 largest equity positions — below that, neighbouring names carry no signal. Adjacency is an inference about a fund's reasoning, not a disclosure of it.

Funds Reducing / Exiting (3)

FundManagerShares Held∆ SharesPosition Value% of FundQoQStatus
Glenview CapitalLarry Robbins0−518K0.9%-100%EXITED
Soros Fund ManagementSoros Family Office0−80K<0.1%-100%EXITED
D1 CapitalDan Sundheim0−937K0.7%-100%EXITED

Shares Held reflects quarter-end positions for partial reductions. Funds that fully exited show 0 shares held. ∆ Shares is the change from the prior quarter. % of Fund is the prior-quarter position size — how much of the book was sold down.

Signal History

QuarterDirectionFundsScorevs SPY
Q2 2026LONG32.49-20.4%
Q1 2026SHORT32.07+3.7%
Q1 2026LONG33.30+3.7%

Same issuer appearing in consecutive quarters — persistent institutional conviction. Returns are frozen at each archived quarter's last refresh.

Insider Activity

NameTitleTypeSharesPriceValueFiledSrc
De Bondt KarinBUY1K$138.14$0.14M2026-08-11
Sterin StevenSELL400$148.35$0.06M2026-06-05
Sterin StevenSELL511$161.97$0.08M2026-05-26

Beneficial Ownership (13D/13G)

FilerFormShares% of ClassFiledSrc
BlackRock, Inc.SC 13G14.4M6.9%2026-01-21

SC 13D = active intent to influence control (10-day filing deadline after crossing 5%). SC 13G = passive accumulation, no intent to influence control.

Congressional Trading

MemberChamberStateTypeAmount RangeTransaction DateFiledSrc
Alan ArmstrongsenateBUY$1,001 - $15,0002026-03-272026-07-21

Periodic Transaction Reports filed under the STOCK Act. Amounts are disclosed as ranges, not exact dollar figures.