Central Bank & Trust Co Q2 Portfolio Shifts: Tech Buys, ETF Sells
Insights into Central Bank & Trust Co's investment activities during the second quarter of 2026.
As part of its ongoing portfolio management for the period ending June 30th, 2026, Central Bank & Trust Co made several notable adjustments to its holdings. The bank's total portfolio value stood at $681,899,804 as of this date.
Tech Sector Dynamics: Significant Purchases and Minor Adjustments
In the Technology sector, Central Bank & Trust Co demonstrated a clear preference for growth. The bank significantly increased its position in KLAC (KLA-TENCOR), acquiring an additional 27,401 shares during the quarter according to their filing data.
Conversely, while maintaining a substantial allocation in Technology overall ($166.8 million or 24.5% of portfolio), they sold shares from NVDA (NVIDIA Corporation). This sale represented approximately -3,700 shares (-3.1%) relative to the previous quarter.
Their Technology allocation also saw changes with AMZN (Amazon.com Inc) and AAPL (Apple Inc), both showing slight decreases in shares (-0.7% and -0.6%, respectively). However, the most pronounced Technology purchase was KLAC.
Focus on Industrials: Holding AECOM But Cutting Exposure to CAT
In the Industrials sector, Central Bank & Trust Co held positions totaling $55.8 million (8.2% of portfolio). They sold shares in ACM (AECOM Technology) during the quarter.
This sale was part of a broader trend where several holdings within Industrials showed reductions, including ACM (-14.7%) and TSCO (-10.7%). Despite these adjustments, CAT maintained its position as one of the bank's top individual stock holdings by value ($20.3 million).
The bank also noted a significant purchase in CAT (Caterpillar Inc), adding shares to their position, though the exact number isn't disclosed beyond the percentage change.
Financial Services Sector: Major ETF Exit and Smaller Gains
The Financial Services sector allocation for Central Bank & Trust Co was $53.6 million (7.9%) as of June 30th, 2026. However, this quarter saw a substantial reduction in their position within the Utilities Select Sector fund.
Specifically, they sold shares from XLU, reducing holdings by -33,586 shares (-87.8%) and exiting this position entirely according to the filing data.
Interestingly, despite selling XLU, they also noted a purchase in PAAA (PGIM AAA CLO ETF), adding 7,107 shares (+100.0% increase). This indicates active management within the broader Financial Services category.
Mixed Signals in Other Sectors: Communication Services and Consumer Cyclical
In the Communication Services sector, Central Bank & Trust Co's holdings decreased slightly during Q2 2026. They sold shares from GOOGL (Alphabet Class A), reducing their stake by -1,250 shares (-1.3%) in nominal terms.
The Consumer Cyclical sector also saw a reduction, specifically selling TSCO (Tractor Supply Co) by -8,287 shares (-10.7%). However, the bank maintained its position in other Consumer Cyclical stocks like AMZN.
Overall Portfolio Changes and Key Indicators
The investor's portfolio saw a net decrease of 564 shares across all holdings this quarter, representing approximately -$1.9 million in value reduction based on the average closing price implied by the stock values reported.
This filing indicates active management with significant buying activity (notably KLAC and CAT) and substantial selling activity (-87.8% XLU). The bank holds 172 distinct positions, with their top five holdings accounting for approximately 26% of the total portfolio value as of June 30th.
For further details on Central Bank & Trust Co's investment strategy and performance, investors can refer to InsiderSet. Detailed information about specific stock holdings is available at InsiderSet.