Barnes Dennig Investment Activity in Q2 2026

Barnes Dennig Private Wealth Management LLC saw substantial activity in its investment portfolio during Q2 2026. The firm holds a diverse range of assets worth $124 million as of June 30th.

Technology remains the dominant sector allocation at approximately 27.35% ($34 million), followed closely by Financial Services (10.28%) and Communication Services (6.21%). The portfolio includes a wide array of individual stocks, exchange-traded funds (ETFs), and other asset classes.

Notable purchases during the quarter include significant increases in holdings for several companies:

• PEPSICO INC, which saw its share count rise by over 8,200 shares (an 81.54% increase), boosting its portfolio allocation to $1.99 million.
• SPDR INDEX SHS FDS experienced a nearly 63% jump in shares, adding significantly to the investor's position worth $0.89 million.
• KLA CORP, an ETF focused on semiconductor equipment, had its share count increase by nearly 2,300 shares (953.72%), contributing $0.62 million to the portfolio.
• VANGUARD WORLD FD showed a massive 718% increase in holdings, adding nearly $0.5 million worth of stock.
• The investor also increased its position in SPDR SER TR (SPSM) by over 62%, contributing an additional $0.28 million to the portfolio.

Conversely, Barnes Dennig divested from several positions:

• CITIGROUP INC saw its position exit the investor's portfolio entirely.
• PNC FINANCIAL SERVICES GROUP INC, CDNS (likely Cadence Design Systems), APA (possibly Apache Corporation), and ADBE (Adobe Inc.) were among the significant holdings sold off during Q2.
• These exits represent a shift away from certain sectors or specific companies, though no major sector-wide selling pattern is evident from this data alone.

The investor's portfolio turnover rate appears high based on the position change count and indicators of both large buys and sells. Technology-focused ETFs like SPDW remain important components despite recent share increases being modest compared to other additions.

Additionally, the investor holds substantial positions in precious metals through ISHARES SILVER TR, which accounts for $3.04 million of its assets (2.43% allocation).