Concord Wealth Partners Q2 2026: Focus on ETF Buys and Energy Sells

Concord Wealth Partners reported substantial shifts in its investment strategy during Q2 2026. The firm demonstrated a clear focus on acquiring positions in certain exchange-traded funds (ETFs) while strategically reducing exposure in other sectors.

Prominent Purchases This Quarter

Concord Wealth Partners significantly increased its holdings across several ETF structures during the quarter, reflecting confidence in these specific instruments. The most notable additions include:

• ISHares Trust (SGOV), which experienced a massive increase of over 109%.
• Cisco Systems Inc. (CSCO) shares rose by approximately 77%, indicating strong interest in the tech giant.
• ProShares Trust (NOBL), whose position grew by nearly 94%.
• KLA Corporation (KLAC) saw a substantial increase of about 18,000 shares.
• Murphy USA Inc. (MU), which gained roughly 27,500 shares in the portfolio.

These purchases suggest a strategic approach towards specific sectors and instruments during this period. The firm's actions on these ETFs were significant enough to be highlighted as "significant buys" by market analysts following their filings.

Strategic Reductions in Holdings

In contrast, the investor also showed clear signs of reducing certain positions within its portfolio during Q2 2026. Key reductions include:

• Southern Company (SO), which lost approximately 51% of its position.
• ISHares Trust (IEI) saw a sharp decline, effectively exiting the position as it decreased by nearly 92%.

The firm also disposed of other holdings during this quarter:

• AbbVie Inc. (ABT) was sold, reducing its portfolio allocation.
• Citigroup Inc. (CI), another holding that saw a reduction in the investor's position.
• McKesson Corp (MCK) was disposed of by the investment firm during this period.

The decision to exit positions in these companies, particularly those with substantial percentage declines like IEI and CI, indicates a shift away from certain market segments or specific investment strategies.

Balancing Technology and Diversified ETFs

Concord Wealth Partners' portfolio allocation highlights an interesting balance between direct stock holdings in the Technology sector, specifically holding Apple Inc. (AAPL) with a 2.31% allocation, and diversified ETF positions.

The investor's Technology exposure primarily comes through its direct stake in Apple, while the bulk of its Technology allocation is actually held via various SPDR Series Trust instruments:

• SPDR ETF (SPTI) at 3.86%
• SSGA Active TR (HYBL) at 4.04%
• Vanguard World Fund ETF (VGT)" at a small allocation of 0.3%
• SPDR ETF (SPIB) contributing to the overall Technology sector exposure.

This approach suggests that while Concord holds a direct position in one major tech stock, its primary strategy for Technology allocation involves investing through exchange-traded vehicles. The firm's Technology holdings also saw an increase of about 1.7% this quarter.