Black Diamond Financial LLC Investment Activity Q2 2026: Significant Buys & Sells
Black Diamond Financial, Llc's portfolio reached $1.13 billion as of June 2026. The investor focused on large funds and ETFs while exiting a small-cap stock.
As of June 30th, 2026, Black Diamond Financial, Llc maintained a substantial portfolio valued at approximately $1.13 billion.
- The fund significantly increased its position in the Vanguard World Fund (MGK), adding over 888,000 shares during this quarter.
- It also made a major purchase of the Vanguard Information Technology ETF (VUG), acquiring an additional 334,000 shares.
- The investor's stake in the Vanguard Total Stock Market ETF (VTI) grew substantially by nearly 31,000 new shares.
In contrast to these large acquisitions, Black Diamond Financial, Llc divested from its position in Planet Labs PBC (PL) during the quarter. The fund shed over 57,000 shares of this small-cap technology holding.
The investor's activity report also indicates other notable changes:
- There was a moderate increase in holdings for Schwab Strategic Allocation Fund (SCHG).
- A smaller but still significant purchase occurred with respect to the Schwab Strategic Allocation Fund - Balanced (SCHO) and other Schwab funds.
- The position in Fidelity Congestion Trust Fund (FREL) saw an increase, albeit on a smaller scale than the major buys.
- Conversely, there was a decrease noted for the Vanguard World Fund - Small Cap Value (MGC), though its allocation remains significant at 3.62%.
Black Diamond Financial's portfolio is heavily concentrated in mutual funds and ETFs, with these large funds accounting for over half of their holdings by value as reported on InsiderSet. The top five holdings alone represent approximately 34.27% of the total portfolio.
Regarding sector allocation, Black Diamond Financial's portfolio shows a heavy bias towards Unknown categories (90.65%) and smaller allocations in Consumer Cyclical (2.9%), Technology (2.11%), and other sectors like Financial Services, Healthcare, Communication Services, Industrials, Utilities, Consumer Defensive, and Energy.
The investor's strategy appears focused on broad-based exposure through exchange-traded products, with a clear emphasis on large-cap funds and ETFs this quarter. The significant purchases of major index funds (VTI) alongside increased stakes in thematic or sector-specific Vanguard and Schwab funds suggest confidence in the overall market and specific growth areas.