Belleair Asset Management Q2 Activity: Focus on Tech and ETFs

As of June 30th, 2026, Belleair Asset Management has released its latest investment activity data. This filing provides insights into the firm's portfolio changes during the second quarter.

Prominent Purchases in Q2

Belleair Asset Management demonstrated a clear focus on Technology and Fixed Income sectors this quarter, making significant purchases that reshaped its top holdings:

• They initiated a substantial position in CISCO SYS INC (CSCO), adding 2300 shares with an increase percentage of 100.0%, contributing 0.23% to the portfolio.
• Similarly, they began a position in NVIDIA CORPORATION (NVDA), acquiring 1184 shares representing an increase of 100.0%, now holding approximately 0.2%.
• Furthermore, the firm started investing in VANGUARD MUN BD FDS (VTEB), adding 4390 shares with a 100.0% increase, contributing 0.19% to their holdings.
• They also commenced a position in VANGUARD INDEX FDS (VO), acquiring 2760 shares with an impressive 280.17% increase, adding another 0.19%.

Increased Holdings

Belleair Asset Management also increased its stake in several Dimensional Fund Trust ETFs:

• The position in DIMENSIONAL ETF TRUST (DFUV) was boosted by 168,153 shares, representing a 0.71% increase from the previous quarter.
• They added more shares to DIMENSIONAL ETF TRUST (DFAI), increasing holdings by 7594 shares (sector data not provided) with a specific change percentage of 11.02%.

Decreased Holdings and ETF Activity

In contrast, the firm reduced its exposure in several areas during Q2:

• The position in VANGUARD BD INDEX FDS (BSV) saw a reduction of 3,241 shares (-4.72%), impacting the portfolio.
• Belleair Asset Management decreased its stake in VANGUARD MALVERN FDS (VTIP) by 531 shares, resulting in a -0.57% change from the prior period.
• The fund also reduced holdings in Dimensional Fund Trust ETFs like DIMENSIONAL ETF TRUST (DFAX) by 2,243 shares (-1.56%) and EA SERIES TRUST (BSVO) by 880 shares (-1.98%).
• Additionally, they scaled back their position in SPDR ETFs: holdings in SPDR SERIES TRUST (SPTM) were reduced by 738 shares (-2.64%).

Prior Holdings and Unknown Categories

The filing also includes data on holdings that remained unchanged or continued from prior periods, such as DIMENSIONAL ETF TRUST (DFSD) which increased by 8070 shares (+4.69%) and Vanguard's Scottsdale Fund (VGIT) with a modest increase of 1,142 shares (+0.71%).

Regarding sector allocations, the filing shows that while Technology saw new purchases (CSCO and NVDA), other sectors like Consumer Cyclical (VICTORIAS SECRET AND CO) and Healthcare also had small additions or changes. However, for categories not mentioned in the data, such as specific details on "Unknown" holdings (which constitute 80.65% of the portfolio), it is noted that no direct purchase/sale activity was disclosed.

Furthermore, Belleair Asset Management's overall portfolio structure includes various sectors like Financial Services and others, but the data does not indicate any specific large-scale purchases or sales outside these detailed holdings.