Burns Matteson Capital Management Adjusts Portfolio in Q1 2026: Focus on Technology & ETF Holdings
Burns Matteson Capital Management, LLC significantly reshaped its portfolio allocation as of June 30, 2026. The firm increased positions in several individual stocks and ETFs while reducing exposure to certain holdings.
As of June 30, 2026, Burns Matteson Capital Management, LLC has made notable adjustments to its portfolio structure compared to the previous quarter. These changes reflect strategic decisions regarding specific sectors and investment vehicles. The firm's overall portfolio value stands at $312,831,228 as of this date.
Prominent Purchases This Quarter
Burns Matteson Capital Management demonstrated a clear focus on growth potential in the current quarter through several significant new positions and increased holdings. Notable purchases include:
- UGP (ULTRAPAR PARTICIPACOES SA SP ADR REP COM), an Energy stock, representing a brand new investment.
- ADT (ADT INC DEL COM), an Industrials company, also newly added to the portfolio.
- NOK (NOKIA CORP SPONSORED ADR), a Technology stock, established as a new holding this quarter.
- SSL (PETROLEO BRASILEIRO S A SPONSORED ADR), an Energy company, newly incorporated into the portfolio structure.
- CMBS (COMPASS PATHWAYS PLC SPONSORED ADS), a Healthcare entity, also added as a new position this period.
In addition to these individual stock additions, the firm significantly boosted its allocation in two ETFs:
- SPIB (STATE STREET SPDR PORTFOLIO INTERMEDIATE TERM CORPORATE BOND ETF), increasing shares by 15.98%.
- IGIB (ISHARES 5-10 YEAR INVESTMENT GRADE CORPORATE BOND ETF), adding shares with a 16.12% increase in this quarter.
The Technology sector appears particularly favored, as evidenced by the establishment of new positions like HPQ (HP INC COM) and DBX (DROPBOX INC CL A), both acquired this period.
Strategic Reductions in Holdings
Burns Matteson Capital Management also strategically reduced its exposure to certain assets during the quarter:
- The firm significantly decreased its position in EIX (EDISON INTL COM) by 81.47%, indicating a major divestment.
- Several existing holdings saw reductions, though not complete exits: GLW (-2.58%), COWZ (-1.76%), and XMHQ (-0.05%).
The reduction in EIX was particularly pronounced, suggesting a deliberate shift away from the Utilities sector or concerns regarding its specific investment.
Overall Portfolio Dynamics
Burns Matteson Capital Management's portfolio now consists of 177 holdings as of June 30, 2026. The top five positions by weight account for approximately 42.38% of the total allocation.
- The largest position remains Corning Inc (GLW), holding it at a portfolio weighting of 25.26%, unchanged from its previous status but showing share reduction (-2.58%) this quarter.
- Other significant holdings include SCHD, XMHQ, and DDWM, each maintaining substantial allocations despite recent changes in shares.
The firm's activities reflect a dynamic approach to investing, with evidence of both large-scale buying (including new positions) and selling across various sectors. The portfolio continues to be dominated by Technology stocks, though ETFs also play an important role.
Key Observations on Portfolio Changes
The changes observed in the portfolio indicate several strategic themes:
- Burns Matteson Capital Management appears to have prioritized growth-oriented Technology companies, evidenced by new positions and increased ETF allocations.
- There is a clear focus on Exchange-Traded Funds (ETFs) as core holding strategies within the portfolio structure.
- The firm has demonstrated agility in its investment approach, adding new opportunities while reducing exposure to others.
For detailed analysis of these holdings and their performance, investors can refer directly to the official filing data for Burns Matteson Capital Management available at this link.