Bishop & Co Investment Management Q1 2026 Holdings Update
Bishop & Co Investment Management, LLC significantly increased its position in VUG during the quarter ending June 30, 2026, while also making smaller adjustments to other holdings.
On Bishop & Co Investment Management, Llc's most recent filing dated for the period ending June 30, 2026, notable changes were observed in its portfolio. The fund demonstrated a clear preference for exchange-traded funds (ETFs), with significant activity concentrated within specific sectors.
Notable Purchases
The largest buying move by Bishop & Co this quarter was the substantial increase in Vanguard Information Technology ETF (VUG). The fund's stake grew by 442,527 shares, representing a staggering 503.74% increase from the previous period and adding approximately $45.69 million worth of stock value to its holdings.
Besides VUG, Bishop & Co also showed interest in Vanguard Total Stock Market ETF (VCIT), increasing its position by 14,892 shares (+2.87%) for a total value gain of about $4.41 million. Furthermore, the fund boosted its holdings in iShares Core U.S. Aggregate Bond ETF (IEFA) and BlackRock Equity Dividend Factor ETF (DYNF), though these increases were relatively modest at 3,289 shares (+0.67%) for IEFA and 3,272 shares (+0.77%) for DYNF.
Additionally, the fund moderately increased its position in iShares Preferred & Alternative ETF (IWP) by 1,478 shares (+1.45%). These purchases suggest a continued focus on broad market exposure and income-generating assets through exchange-traded instruments.
Sales and Reductions
Conversely, Bishop & Co Investment Management reduced its positions in several holdings during the quarter. The fund sold shares of iShares U.S. MasterCardepay Inc. ETF (IWP), though this was a small decrease compared to other exits.
The most significant reduction occurred with Vanguard Total Stock Market Index Fund Admiral Shares (VTV). Bishop & Co decreased its VTV position by 1,030 shares (-0.37%), resulting in an approximate $6.14 million loss from the fund's value during this period.
Other exits included iShares U.S. Pharmaceutical ETF (IWN), where the fund sold 1,302 shares (-25.41%) for a total stock value reduction of about $845 thousand. Similarly, SCHWAB Strategic Income ETF (SCHG) saw an exit of 1,091 shares (-0.44%), leading to roughly $8.40 million in reduced value.
Furthermore, the fund disposed of its entire position in ERIE Industries Inc. (ERIE), reducing it by all 3577 shares held previously (-11.64%) and exiting a holding worth approximately $858 thousand. Lastly, Bishop & Co sold some SCHWAB Strategic Income ETF (SCHE) for the quarter.
Portfolio Context
Bishop & Co's portfolio as of June 30, 2026, totals an estimated $324.8 million in value. The fund holds a total of 26 positions across various sectors, with the majority categorized under 'Unknown' allocation (99.19%), meaning no substantial sector exposure beyond ETFs could be confirmed.
The top five holdings by weight account for approximately 70.17% of the portfolio's value, highlighting concentration in these specific funds despite their diverse nature. The fund maintains a significant position in VTV (18.9%), followed closely by VCIT (13.57%) and IEFA (14.62%).
Key indicators from this filing include the holding count of 26, unchanged top five weight percentage, and the fact that Bishop & Co has a history of large purchases but no significant sales during this period.