Bok Financial's Portfolio Shifts: Key Investments and Withdrawals in Q2 2026

Bok Financial Private Wealth Inc. has made several notable adjustments to its investment portfolio during the second quarter of 2026.

The investor's focus appears to be on growth-oriented and tax-managed strategies given the significant allocations in funds like VUG (9.44%), ICSH (5.44%), and VEA (9.92%). These large-cap oriented funds show substantial increases in their positions.

Purchasing Activity: Bok Financial demonstrated significant buying this quarter, favoring diversified and sector-specific index funds. The investor notably increased exposure to the VUG fund by over 1.7 million shares (500.08% increase), suggesting a continued interest in growth stocks concentrated within large-cap technology companies. Similarly, there was a substantial purchase of ICSH, an iShares Core S&P Small Cap US TR Index Fund, with nearly 2 million shares added (2666.06% increase). The investor also significantly boosted positions in other index funds including VOO (+1432 shares), VTIP (+345,830 shares or 20.52%), and VCRB (+45,230 shares or +7.41%). These purchases indicate a strategy focused on broad market exposure through index funds.

Selling Activity: The investor also disposed of some assets during Q2 2026. A small allocation was reduced in the VXUS fund (down by -1,453 shares or -0.01% weighted average), though this is a minor change relative to other holdings. More significantly, Bok Financial sold its position in the BNDX fund entirely (down by -495 shares). This exit from the Vanguard Chartered Bond Fund suggests a withdrawal of fixed income exposure or tactical positioning. Additionally, while not removing existing positions completely, there were notable decreases in holdings for IAUM (-382,682 shares or -33.85%) and IJH (-10,598 shares or -0.88%). These sales could be part of rebalancing efforts.

Beyond these major shifts, the investor made numerous smaller adjustments to its portfolio holdings during this period. This active management approach involved modifying positions across various sectors and asset classes, reflecting ongoing monitoring and response to market conditions.

For further details on Bok Financial Private Wealth Inc.'s investment activities for Q2 2026, please refer to the official filing available at this link.