Sifter Fund sells last Novo Nordisk stake and adds Steris and Honeywell Aerospace in Q3 2026

Sifter Fund sold the last of its Novo Nordisk shares in the third quarter of 2026 and continued to trim Applied Materials, Lam Research and Safran, Sifter Capital said. The fund also increased its weight in Costco, Verisign, Deutsche Börse, Canadian National Railway, Rational and Microsoft, while holding semiconductor companies at a clearly lower weight.

Sifter Capital said two new companies entered the portfolio in the quarter: Steris and Honeywell Aerospace. The fund’s PB class returned 2.0% in Q3 2026 and 21.2% year to date as of 30 September 2026. The weakest holdings were BE Semiconductor, Applied Materials and Disco Corporation, while Microsoft, Deutsche Börse and Mettler-Toledo were the strongest performers.

Source: Sifter Capital.

Source statements are attributed; this is not investment advice.