Eukles Asset Management Q2 2026 Portfolio Activity Revealed

As reported by InsiderSet, Eukles Asset Management's portfolio underwent several significant changes during the second quarter of 2026 (ending June 30). The firm demonstrated active management, both increasing allocations to certain funds and reducing positions in individual stocks.

Significant Purchases This Quarter

Eukles significantly bolstered its exposure to exchange-traded funds (ETFs) this quarter. Notably, the firm increased its stake in iShares Russell 1000 Growth ETF (IWF) by a substantial 303.52%, adding over 76,000 shares to this position which now accounts for approximately 5.2% of the total portfolio value.

Furthermore, Eukles made considerable additions to bond funds and other ETFs:

• State Street SPDR Portfolio Short Term Corporate Bond ETF (SPSB), which accounts for about 2.45% of the portfolio, saw an increase in shares by nearly 9.9%. This was one of the largest additions besides IWF.
• Vanguard Short-Term Corporate Bond ETF (VCSH) gained over 7,800 shares, boosting its portfolio allocation to around 2.26%.
• The firm also increased its position in the investment grade corporate bond fund, iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), by over 16%, adding more than 7,300 shares.
• Additionally, Eukles purchased exposure to the mid-cap growth ETF (iShares Russell Mid-Cap Growth ETF (IWP)) and international developed markets ETF (iShares MSCI EAFE ETF (EFA)), adding shares to these positions.
• The firm also invested in short-term U.S. bonds via the iShares Core 1-5 Year USD Bond ETF (ISTB), increasing its allocation by nearly 8%.

Notable Reductions and Sales in Individual Stocks

In contrast to the ETF additions, Eukles reduced or sold several high-profile individual stocks during Q2:

• The technology giant Apple Inc. (AAPL) saw a reduction in its position by nearly 2% of the portfolio, with Eukles decreasing its holdings.
• NVIDIA Corporation (NVDA), another major tech holding, experienced an even larger decrease, down by almost 5%. This significant reduction was accompanied by a notable share decline.
• Several other prominent technology companies also saw reductions: Microsoft Corp. (MSFT) decreased slightly (down ~2.7%), Skyworks Solutions Inc. (SWKS) significantly reduced its position (~31% decrease), and A.O. Smith Corp. (AOS) also saw a reduction.
• Furthermore, Eukles sold shares of Huntington Bancshares Inc. (HBAN). This stock was previously part of the portfolio but is no longer held as of Q2 2026.
• The industrial sector also saw reductions: Caterpillar Inc. (CAT) decreased by nearly 3%, Cummins Inc. (CMI) reduced its position, United Rentals Inc. (URI) saw a reduction (~5.5%), and Fastenal Company (FAST) was significantly trimmed (~14% decrease).
• The firm also reduced its position in Cboe Global Markets Inc. (CBOE), which is part of the Financial Services sector.

Other Portfolio Changes and Insights

Eukles also made adjustments to other holdings, including Mastercard Inc. (MA) which saw a slight reduction in its position (~2.4%). The firm's overall portfolio allocation breakdown shows strong diversification across sectors like Technology (around 21.6%), Industrials (about 16%), Financial Services (nearly 11.8%), and Consumer Cyclical (over 9.9%).

Interestingly, despite the reductions in some individual tech stocks, Eukles maintained a significant allocation to iShares Russell Top 1000 Growth ETF (IIRX), which is not listed among the changed holdings but remains one of its largest positions based on prior period data.

The portfolio's top five holdings by weight accounted for approximately 28.8% of the total value, indicating a concentrated core despite overall diversification efforts shown in the changes during this quarter.