Heartland Advisors Expands Stakes Across Forestar, Exelon

Heartland Advisors Inc. disclosed new stakes in multiple industrials and energy-related stocks during the second quarter, signaling active portfolio repositioning. The firm purchased 474,813 Forestar Group shares worth about $15.0 million, giving it roughly a 0.93% stake, alongside other large investors that have been increasing exposure in Forestar. In Parsons Corporation, Heartland acquired 150,000 shares valued at about $7.9 million, leaving it with a 0.14% stake. The fund also built positions in Exelon Corporation with 437,106 shares worth around $20.4 million, and in PPG Industries with 64,765 shares valued at about $7.9 million. Additionally, Heartland bought 48,572 shares of Semtech Corporation for roughly $7.9 million, as part of broader investor activity in the chipmaker. Overall, Heartland’s quarterly activity underscores a pattern of diversifying into mid- to large-cap stocks across energy, utilities, chemicals, and semiconductors."