News Summary
PositiveTTM Technologies delivered strong Q2 2026 results with 37% YoY revenue growth to $1.0B and healthy margins, capped by a transformative $1.1B acquisition of Epiq Solutions to expand defense electronics capabilities in high-growth areas like electronic warfare and signals intelligence. The company raised $500M in senior notes and maintains robust aerospace/defense bookings (1.3 book-to-bill ratio) with $7B+ qualified pipeline, supported by bullish analyst upgrades to $175-$224 price targets.
Funds Buying (4)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | % of Fund | QoQ | Status |
|---|---|---|---|---|---|---|---|
| Whale Rock Capital | Alex Sacerdote | 4.2M | +716K | $791M | 6.4% | +20% | Existing |
| Lone Pine Capital | Steve Mandel | 2.7M | +2.7M | $512M | 3.1% | — | NEW |
| Third Point | Dan Loeb | 505K | +505K | $94M | 2.0% | — | NEW |
| Maverick Capital | Lee Ainslie | 3K | +3K | $1M | <0.1% | — | 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 TTMI 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.
position #4 of this fund's book
- 1SANDISK CORP$1,356M
- 2ADVANCED MICRO DEVICES INC$877M
- 3ALPHABET INC$856M
- 4TTM TECHNOLOGIES INC$791M
- 5ASTERA LABS INC$757M
- 6AMAZON COM INC$583M
- 7CORNING INC$571M
position #18 of this fund's book
- 15CARPENTER TECHNOLOGY CORP$594M
- 16MASTEC INC$560M
- 17APPLOVIN CORP$537M
- 18TTM TECHNOLOGIES INC$512M
- 19STERLING INFRASTRUCTURE INC$512M
- 20US FOODS HLDG CORP$503M
- 21ON HLDG AG$470M
position #21 of this fund's book
- 18TRANSDIGM GROUP INC$105M
- 19DANAHER CORP DEL$103M
- 20UNION PAC CORP$95M
- 21TTM TECHNOLOGIES INC$94M
- 22PERFORMANCE FOOD GROUP CO$75M
- 23ALPHABET INC$66M
- 24ASML HLDG NV$60M
Values are quarter-end position sizes. Shown only for funds where TTMI 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.
Insider Activity
Beneficial Ownership (13D/13G)
| Filer | Form | Shares | % of Class | Filed | Src |
|---|---|---|---|---|---|
| BlackRock, Inc. | SC 13G/A | 10.1M | 9.8% | 2026-07-30 | ↗ |
| Vanguard Capital Management | SC 13G | 5.2M | 5.0% | 2026-04-30 | ↗ |
| Vanguard Portfolio Management | SC 13G | 6.4M | 6.2% | 2026-04-29 | ↗ |
| BlackRock, Inc. | SC 13G/A | 12.4M | 12.0% | 2026-04-24 | ↗ |
| Dimensional Fund Advisors LP | SC 13G/A | 4.3M | 4.2% | 2026-04-09 | ↗ |
SC 13D = active intent to influence control (10-day filing deadline after crossing 5%). SC 13G = passive accumulation, no intent to influence control.