Portfolio Performance Overview
As of July 7, 2026, the Agritech Portfolio continues to benefit from robust demand for agricultural technology solutions. All five positions are held with a long-term thematic view, and no positions have met the minimum holding period for closure.
Position Highlights
- AGCO Corporation (AGCO): +4.64% – Supported by strong tractor sales and precision farming adoption.
- Deere & Company (DE): +2.44% – Steady performance amid global infrastructure spending.
- Corteva, Inc. (CTVA): +10.38% – Outperformance driven by seed and crop protection demand.
- Bayer AG (BAYZF): +10.47% – Continued recovery in crop science division.
- Netafim Ltd (NTDOY): -0.14% – Flat as irrigation market faces seasonal headwinds.
Risk & Concentration
The portfolio is concentrated in large-cap machinery and chemicals, with limited exposure to early-stage agritech. This concentration is intentional given the theme’s focus on established players. Key risks include regulatory actions (e.g., Bayer’s glyphosate litigation) and cyclical agricultural commodity prices.
What to Watch
Next week, monitor Q2 earnings reports from Deere and AGCO, as well as any updates on Bayer’s legal proceedings. Netafim’s performance may improve with the upcoming irrigation season in the Northern Hemisphere.
Disclaimer: This is not investment advice. Past performance is not indicative of future results. All investments carry risk, including loss of principal. Consult a financial advisor before making investment decisions.