Capital Investment Counsel Portfolio Shifts in Q2 2026: Focus on Tech, New Utilities Position
This quarter, Capital Investment Counsel's portfolio saw significant changes with notable additions to NVIDIA Corp (NVDA) and Dominion Energy Inc (D), alongside reductions in holdings like Caterpillar Inc. (CAT). The total portfolio value stood at $767.8 million.
As of June 30, 2026, Capital Investment Counsel's portfolio held a substantial value of approximately $767.8 million.
Prominent Holdings and Their Weight
The core holdings for the period remain dominated by exchange-traded funds (ETFs) focused on specific indices or sectors. The largest ETF position is INVESCO EXCH TRD SLF IDX FD (BSCU), representing about 2.6% of the portfolio, followed closely by BONDBLOXX ETF TRUST (XFIV) at 2.75%, and another INVESCO ETF (BSCV) also around 2.71%. Other significant holdings include ISHARES TR (HYDB) at approximately 2.57%.
Recent Purchases: Concentration in Technology
This quarter, Capital Investment Counsel demonstrated a strong focus on increasing exposure within the Technology sector. The most significant purchase was NVIDIA Corporation (NVDA), adding 43,475 shares with an impressive increase of over 296% in its portfolio allocation. This suggests substantial buying activity focused on the AI chip leader.
Additionally, several other Technology and Communication Services stocks were added or increased: APPLE INC (AAPL) saw a slight increase (+0.17%), BROADCOM INC (AVGO) also slightly increased (-3.26% change but overall position still present), and NETFLIX INC. (NFLX) was newly acquired, representing 0.35% of the portfolio.
Recent Purchases: Diversification into Other Sectors
The investor also broadened its scope by adding positions in other sectors during Q2:
- Utilities: A major new position was established with DOMINION ENERGY INC (D), acquiring all shares at once, resulting in a 100% increase from the previous period and allocating about 0.76% of assets.
- Basic Materials: BHP BILLITON LIMITED (BHP) was added, representing approximately 0.58% allocation and a 100% increase from prior.
- Communication Services: NETFLIX INC. (NFLX), despite being listed under Communication Services in the data, is fundamentally a media company. Its addition aligns with this sector's performance.
Sales and Reductions: Exiting Certain Positions
Conversely, Capital Investment Counsel also indicated selling or reducing positions during the quarter:
- Industrials: CATERPILLAR INC (CAT) experienced a reduction of about 4.62% in its portfolio allocation.
- Consumer Cyclical: The position in ISHARES TR (SOXX) decreased by approximately 2.95%, while the specific stock holdings for this sector are not detailed.
- Healthcare: Holdings like INVESCO EXCH TRD SLF IDX FD (BSCW), which previously held a position in Healthcare, were reduced or exited entirely during the quarter.
New Positions and Minor Changes
Beyond major shifts, Capital Investment Counsel also initiated new positions and made smaller adjustments:
- Communication Services: A position in ISHARES TR (ICLN) was newly added.
- Consumer Defensive: The specific stock holdings for this sector are not detailed, but overall allocation decreased slightly from prior periods.
- Energy: Holdings in ISHARES TR (HYDB) and other Energy ETFs/stocks were adjusted during the quarter.
Overall Portfolio Dynamics
The portfolio's structure reflects a mix of core ETF holdings, significant Technology exposure through both individual stocks and ETFs, and some diversification into other sectors like Utilities. The changes observed in Q2 2026 indicate active management decisions regarding specific assets and sector allocations.