Amarillo National Bank Q2 2026 Portfolio Activity: ETF Sales, Apple Buys
This analysis details Amarillo National Bank's observable stock purchases and sales during the second quarter of 2026 based on available disclosures.
As part of its investment strategy oversight, Amarillo National Bank has released data detailing changes to its portfolio holdings for Q2 2026. This period saw specific adjustments across various sectors, including notable purchases and sales in exchange-traded funds (ETFs) and individual stocks.
Bond ETF Reduction
The bank reduced its allocation of the iShares Core US Aggregate Bond ETF (AGG), a key component of its fixed-income exposure. The position decreased by 0.18 percentage points, reflecting a reduction in total shares held during this quarter.
Focus on Specific ETFs
Amarillo National Bank's portfolio adjustments were concentrated within certain exchange-traded funds. Notably, the bank sold significant positions in IVW (-0.62 pp) and IWM (-1.92 pp). Conversely, it initiated new positions or increased holdings substantially in several ETFs: Dimensional ETF Trust US Core Equity 2 (DFAC), Vanguard Mid Cap ETF (VO), iShares Russell 2000 ETF (IWR - partially shown as IWM change), and iShares S&P Smallcap 600 ETF (IJR). These changes suggest a dynamic approach to sector rotation or tactical adjustments within the ETF space.
Individual Stock Purchases
The bank demonstrated active buying in individual equities during Q2. Among its significant purchases were:
- Intel Corp (INTC) - Purchased all 3,315 shares at a value of $462,873.
- Vanguard Growth ETF (VUG) - Acquired all 3,336 shares for approximately $287,000.
- Corning Inc. (GLW) - Bought all 1,000 shares at a value of $255,430.
- Qualcomm Inc. (QCOM) - Purchased all 1,099 shares for about $203,084.
In addition to these direct purchases, the bank also increased its stake in Dimensional ETF Trust US Core Equity 2 (DFAC) by 100%, Vanguard Mid Cap ETF (VO) by 100%, and iShares Technology Select Sector SPDR Fund (XLK) by 100%. Furthermore, it boosted its position in Philip Morris International Inc. (PM) by acquiring all 1,130 shares.
Technology Sector Spotlight
The bank's Q2 activity showed a particular interest in the Technology sector beyond ETFs:
- Intel Corp (INTC) saw its stake increase from $462,873 to $462,873 - a full 100% increase.
- Qualcomm Inc. (QCOM) was newly added or significantly increased, with the stake growing by approximately 405.45% to $203,084.
- Corning Inc. (GLW) was also newly added or substantially increased at a value of $255,430.
This focus on specific tech names alongside ETFs indicates targeted stock selection within the broader Technology sector during this period.
No Activity in Other Disclosed Sectors
For sectors like Consumer Defensive and Financial Services where activity was explicitly mentioned (PM +100%, HOMB -7.75%), no further details were provided regarding other specific stocks within these categories beyond the ones listed.