Delta Asset Management Q2 Activity: Significant Shifts in Tech and Financial Stocks
Delta Asset Management Llc/Tn's portfolio saw notable changes this quarter with substantial purchases of certain stocks while reducing or exiting positions in others.
According to the latest filing from Delta Asset Management Llc/Tn, significant shifts occurred within its portfolio during Q2 2026. The total portfolio value remained substantial, but the composition changed notably based on observable share changes.
The investor was particularly active in Technology stocks this quarter. A major purchase involved Accur Group PLC (ACN), which saw a huge 99.27% increase in shares held, indicating strong confidence or strategic addition to this position.
Delta Asset Management also showed interest in other Technology names like Vanguard Utilities ETF (VUG), iShares Core Tech Mstr ETF (TFI), and the popular exchange-traded funds SPDR Portfolio S&P 500 Growth ETF Trust (SPYV) and iShares Core Growth ETF (IGV). These additions, alongside the massive stake in Accenture PLC Ireland, represent a significant tilt towards Technology this quarter.
In contrast to these buys, there were substantial reductions or exits from other sectors. The investor completely exited Nuveen Quality Municipal Income Fund Inc (NAD), reducing its portfolio allocation to 0.0%. Similarly, positions in Intel Corporation (INTC) and Cracker Barrel Old Country Store Inc (CBRL) were significantly reduced.
The sale of Intel Corp shares by a considerable 76.28% stands out as one of the largest decreases, while exits from funds like ETR and BX are also notable based on disclosed activity.
The investor also scaled back holdings in several large-cap stocks including Wal-Mart Inc (-0.91%), Goldman Sachs Group Inc (-1.67%) and Wells Fargo & Co. Additionally, there were decreases in holdings of Energy ETF (ENB) and other sectors like Industrials (CARR), Consumer Defensive (PG), Financial Services (GS, WFC), Communication Services (T), etc.