Cynosure Group's Strategic Shifts in Q2 2026

As of June 30th, 2026, Cynosure Group, Llc managed a substantial portfolio valued at $664.5 million.

Among the most significant actions taken this quarter by Cynosure were notable increases in holdings of several ETFs:

• IWF: Shares increased significantly by over 372,000 units (a +298.46% change from prior period), adding substantial exposure to the broad market.
• BND: This Vanguard bond index fund saw a huge increase of more than 70,000 shares (+99.7%), suggesting a major diversification effort into fixed income this quarter.
• USHY: Shares jumped by nearly +246.8% (from the change percentage), indicating strong confidence in the performance of iShares Core S&P Small-Cap Quality Factor ETF.

Conversely, Cynosure sold considerable amounts from other positions:

• SGOV: Holdings decreased by nearly -378,000 shares (-33.27%), representing a significant reduction in exposure to short-term government bonds.
• VOO: Shares fell by over -37,000 units (-52.63%) from the prior period, showing an exit from Vanguard's widely held S&P 500 index fund.

The investor also disposed of other substantial holdings:

• SPY: Shares decreased by -34,836 units (-15.21%), reducing allocation in the SPDR S&P 500 ETF.
• VONG: Holdings dropped slightly but still significantly from prior period numbers (-11.52%) and share count reduction.

Furthermore, Cynosure added new positions or maintained existing ones through changes:

• ISHARES TR (AGG): A relatively small position was established this quarter.
• SRLN: Shares increased by +13,814 less than the prior period reduction (-88.11%), but overall holdings decreased significantly from last quarter's filing perspective.
• SCHWAB STRATEGIC TR (SCHA): A small position was added this quarter, though its allocation remains minimal at just under 0.1%.

Overall, Cynosure's portfolio saw a mix of strategic additions and reductions during Q2 2026, reflecting adjustments across different asset classes including fixed income and equity indices.