Concord Asset Management Q2 2026 Investment Activity Analysis
Concord Asset Management, based in Virginia, showed significant buying activity this quarter while exiting some positions. Their portfolio allocation shifted slightly across various sectors.
Concord Asset Management, Llc/Va's investment activities for the period ending June 30th, 2026 (Q2 2026) were characterized by notable purchases and sales within their portfolio.
Purchasing Activity: The fund demonstrated strong buying interest this quarter. Significant additions included a large purchase of shares in PROSHARES TR (NOBL), increasing its position substantially by 95.22%. Other notable buys were CISCO SYS INC (CSCO) and KLA CORP (KLAC), both showing significant increases in their portfolio_percentage_allocation. Furthermore, the fund added positions to several previously held stocks including SPDR SERIES TRUST (SPTI), SPDR SERIES TRUST (SPIB), and VANGUARD SCOTTSDALE FDS (VGSH). These purchases reflect confidence in specific sectors or individual companies.
Selling Activity: Concord Asset Management also engaged in selling activities during Q2 2026. The most significant sale was the complete exit from SSGA ACTIVE ETF TR (SRLN), which saw a massive reduction of shares by -55.58%. Another notable sell involved exiting all positions in MU. Additionally, the fund sold out holdings like SOUTHERN CO (SO) and KLA CORP (KLAC), although the latter was also a purchase. These exits might indicate strategic adjustments or profit-taking.
Portfolio Changes: Overall, this quarter saw changes in 121 holdings according to the filing data. The portfolio_percentage_allocation for several top holdings like SSGA ACTIVE TR (HYBL), SPDR SERIES TRUST (SPTI), and VANGUARD SCOTTSDALE FDS (VGSH) increased slightly, while others like AMERICAN CENTY ETF TR (AVEM), SPDR SERIES TRUST (SPYG), and KLA CORP (KLAC) saw decreases. The total portfolio value remained substantial at $644,599,273.
Sector Allocation: Looking at sector allocations, the fund maintained a significant position in Unknown sectors ($369M or 57.35% of total). Technology allocation stood strong at $9,612,638 (14.91%), while Financial Services accounted for $41,560,463 (6.45%). Other sectors like Communication Services ($25,597,417 or 3.97%) and Consumer Cyclical ($21,742,526 or 3.37%) also saw notable holdings.