Amplius Wealth Advisors Q2 2026: Significant ETF Purchases and Sales Observed
Amplius Wealth Advisors' portfolio saw notable changes in the second quarter of 2026, with significant growth observed in Goldman Sachs ETF TR (GSST) holdings while large positions like iShares Core Small-Cap Index Fund (STIP) were substantially reduced.
Portfolio Shifts at Amplius Wealth Advisors
This quarter's filing from Amplius Wealth Advisors, Llc reveals a dynamic investment strategy focused on ETF adjustments. The total portfolio value stood at $990 million as of June 30th.
The most striking change involved the GOLDMAN SACHS ETF TR (GSST). Holdings in this fund increased significantly by approximately 85,426 shares and grew by about 8.55% in value during the quarter. This substantial growth suggests a strong conviction towards large-cap financials or fixed income strategies linked to Goldman Sachs.
Alongside GSST's expansion, Amplius also increased its stake in PUTNAM ETF TRUST (PVAL), adding around 59,578 shares and seeing a slight increase of about 3.01% in allocation percentage. Similarly, the investor boosted their position in VICTORY PORTFOLIOS II (USTB) by over 57,000 new shares.
In contrast to these additions, several holdings saw substantial reductions or exits during Q2:
- ISHARES TR (STIP): This was the most significant sale. Amplius sold over 309,000 shares of this small-cap index fund, representing a nearly 61% reduction in its position and likely one of the largest decreases among all holdings.
- EES (WISDOMTREE TR): Holdings decreased by approximately half, with share reductions exceeding 49,000 shares (-42.84%) leading to a very small allocation percentage.
- BXSL: This position was completely exited during the quarter as Amplius sold all remaining shares of this Secured Lending Fund.
- RBB FD INC (TMFC): A moderate decrease occurred, with share reductions around 32,000 (-3.37%) impacting the allocation slightly.
Furthermore, Amplius appears to have sold out its position in HDV, completely removing holdings of this ETF during Q2 according to the filing data.
Sector Focus and Diversification
The investor's focus remains heavily concentrated within Exchange-Traded Funds, with most allocations categorized under 'Unknown' or specific fund names. This strategy allows for diversification across various market segments without relying on traditional sector classifications.
Financial Services exposure was noted through several holdings: J P MORGAN EXCHANGE TRADED F (JMUB), BLACKSTONE SECD LENDING FD (BXSL), and ROCKET COS INC (RKT). While BXSL was sold out, the other two were either maintained or increased slightly.
The portfolio includes exposure to various asset classes through ETFs. Holdings like GSST suggest interest in fixed income strategies tied to major financial institutions. The inclusion of funds such as AVEM and IJR indicates a continued focus on broad market exposure across different capitalizations, although specific changes were observed within these holdings.
Conclusion: Strategic Realignment
The overall picture from Amplius' Q2 filing shows a clear realignment. The substantial increase in GSST positions signals confidence in large-cap fixed income or financials this quarter.
This strategic move, combined with the significant reduction and potential exit of STIP holdings, points towards a shift away from small-cap core exposure and towards potentially different risk-return profiles offered by larger ETFs. The moderate changes elsewhere suggest that while Amplius is making notable adjustments to specific positions, its overall approach involves careful management across numerous ETFs.
For more detailed analysis of Amplius Wealth Advisors' portfolio or individual stock performance, please refer to the official filing data and links provided below.