Ciovacco Capital Management Llc Activity in Q2 2026: Significant ETF Purchases and Sales Observed
InsiderSet data reveals Ciovacco Capital Management's notable changes to its portfolio holdings during the second quarter of 2026, including substantial increases in several sector funds.
According to filings on InsiderSet for Ciovacco Capital Management Llc, the investment strategy focused heavily on Exchange-Traded Funds (ETFs) during Q2 2026. The total portfolio value remained substantial at $224,732,806 as of June 30th.
The investor demonstrated a clear preference for ETFs tracking US large-cap stocks and specific sectors like Technology and Communication Services, alongside exposure to precious metals through GLD. Analysis shows significant buying activity in several holdings while others saw reductions or exits.
Major Purchases Observed
Ciovacco Capital Management Llc significantly bolstered its positions during Q2 2026. The most substantial increase was noted in XLK (Technology Select Sector SPDR Trust), where the fund acquired an additional 38,398 shares, representing a nearly 132% quarter-on-quarter rise. This ETF allocation climbed to 5.73% of the portfolio.
The Vanguard S&P 500 ETF (VOO) also saw a significant increase, albeit much smaller than XLK's. The fund added just over 1,997 shares to its existing position of nearly 116,864 shares, pushing the allocation slightly higher and increasing by approximately 1.74%. VOO remains one of the largest positions at 35.72%.
Furthermore, the fund significantly increased its stake in several newer or smaller ETFs:
- VUG (Vanguard Information Technology ETF), adding over 57,000 shares to reach a total allocation of 2.67%.
- DTCR (Global X Deep Tech ETF), acquiring over 54,000 shares.
- VGT (Vanguard Total Stock Market Index Fund), adding nearly 39,500 shares to reach a total allocation of 2.4%.
- SPDW (SPDR S&P 500 Downside Protection ETF), acquiring all 48,578 shares in a single quarter.
Notable Sales and Reductions
The investor also reduced its exposure to certain holdings during Q2. The portfolio allocation for GLD (SPDR Gold Shares) decreased by 9.7%, reflecting a strategic shift away from gold assets.
The Technology Select Sector ETF (XLC) allocation saw a slight reduction, decreasing by approximately 5.16%. However, the largest position change was observed in VOO and SPYG.
The fund also significantly reduced its stake in several ETFs:
- VUG, which saw a decrease of nearly 57,000 shares.
- The Vanguard S&P 500 ETF (SPYG) experienced a moderate reduction in its position by about 2.68%.
- VOO, which saw an increase, is one of the largest positions.
In summary, Ciovacco Capital Management Llc's Q2 activity involved strategic additions to its portfolio, particularly in Technology sector funds and newer thematic ETFs like VUG and DTCR. The fund also reduced its exposure to some holdings, including GLD, while maintaining strong positions in broad-market index funds such as VOO.