Alpha Wealth Funds, LLC, an investment management company, released its Q2 2026 letter for the “Insiders Fund”. A copy of the letter is available to download here. The Fund lost 1.45% in June, while it was up 8.43% for the 2nd quarter and 0.75% YTD. This compares to the S&P 500’s -0.95%, 15.2%, and 9.98% returns, respectively, over the same period. The fund underperformed while the S&P 500 and Nasdaq-100 posted their best quarter in six years. A significant factor in this decline is a ~30% concentration in Alphabet stock, which shifted from a cash-generating asset to a capital-intensive posture following a major stock offering to fund data centers. The performance of the fund was further hampered by losses in AI semiconductor stocks like AMD and Intel, which were sold prematurely. The letter concluded with a commitment to risk management while acknowledging the possibility of mistakes in investment strategy. In addition, please check the fund’s top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Insiders Fund highlighted Pool Corporation (NASDAQ:POOL). Pool Corporation (NASDAQ:POOL) is a leading distributor of swimming pool supplies, equipment, related leisure, irrigation, and landscape maintenance products. On August 13, 2026, Pool Corporation (NASDAQ:POOL) closed at $200.57 per share, reflecting a market capitalization of $7.29 billion. Pool Corporation (NASDAQ:POOL) posted a one‑month return of ‑0.30%, while its shares lost 37.66% over the past 52 weeks.
Insiders Fund stated the following regarding Pool Corporation (NASDAQ:POOL) in its Q2 2026 investor letter:
“Business: Pool Corporation (NASDAQ:POOL) is the world’s largest wholesale distributor of swimming pool supplies, equipment, outdoor living products, and irrigation systems. It benefits from a dominant distribution network, recurring maintenance demand, and strong relationships with professional contractors. Growth is tied to new pool construction, remodeling, and replacement equipment, making it somewhat cyclical with housing and consumer spending. The company has a long history of high returns on capital, strong free cash flow, and disciplined capital allocation, but valuation often reflects that quality.
Insider Buying/Selling: Manuel J. Perez de la Mesa (Director / Vice Chairman): He has been the most aggressive buyer, executing multiple large purchases. May 13, 2026: Purchased 17,811 shares at $157.83 per share (~$1.09M total) May 7, 2026: Purchased 10,000 shares at $190.00 per share (~$1.90M total) He also made separate purchases of 5,000 shares each in March 2026 (at $205.00/share) and March 2026 (at $218.00/share). John E. Stokely (Chair of the Board): May 7, 2026: Purchased 1,000 shares at $193.06 per share (~$193,065 total). James D. Hope (Director): May 7, 2026: Purchased 464 shares at $194.41 per share (~$90,209 total). David G. Whalen (Director): May 8, 2026: Purchased 525 shares at $190.44 per share (~$99,981 total)..” (Click here to read the full text)
Pool Corporation (NASDAQ:POOL) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 48 hedge fund portfolios held Pool Corporation (NASDAQ:POOL) at the end of the first quarter, up from 45 in the previous quarter. While we acknowledge the risk and potential of Pool Corporation (NASDAQ:POOL) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Pool Corporation (NASDAQ:POOL) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered Pool Corporation (NASDAQ:POOL) and shared a bullish thesis on the company. In addition, please check out our hedge fund investor letters Q2 2026 page for more investor letters from hedge funds and other leading investors.
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Disclosure: None. This article is originally published at Insider Monkey.
