Everstar Asset Management Increases Holdings in SPDR ETFs, Technology Stocks
Everstar Asset Management's portfolio saw notable changes this quarter, including new positions in several SPDR Trust ETFs and increased stakes in select technology stocks.
As of June 30th, 2026, Everstar Asset Management has made significant adjustments to its investment strategy. The firm's holdings reflect a focus on established market instruments like SPDR Exchange Traded Funds (ETFs) alongside targeted investments in specific sectors.
New Positions and Significant Buys
Everstar Asset Management, LLC (View Profile), has initiated new positions in several key holdings this quarter. Notably, the firm increased its stake in ISHARES TR (SHY), a bond market ETF (View Stock). This was one of five significant buys during the period.
The investor also added positions to several Select Sector SPDR Trusts, including SELECT SECTOR SPDR TR (XLK), which focuses on the Technology sector (View Stock). Similarly, Everstar boosted its holdings in SELECT SECTOR SPDR TR (XLV) and SELECT SECTOR SPDR TR (XLC), though the specific sector for XLC is not disclosed.
Furthermore, a new position was established in KRANESHARES TRUST (KWEB) (View Stock). This addition suggests interest in emerging market opportunities. The firm also significantly increased its investment in the SPDR Select Sector Fund for Financial Services, RIVERNORTH OPPORTUNITIES FD (RIV) (View Stock). These moves indicate a strategic allocation towards specific asset classes and sectors.
Significant Increases in Existing Holdings
Beyond new positions, Everstar Asset Management demonstrated strong conviction in certain existing holdings by significantly increasing their allocations. The Technology sector saw notable additions through FORTINET INC (FTNT) (View Stock) and the SPDR ETF for Short Term Treasury, RIVERNORTH OPPORTUNITIES FD (RIV).
In particular, Everstar significantly increased its stake in AQUESTIVE THERAPEUTICS INC (AQST) (View Stock). The firm also substantially boosted holdings of DANAHER CORP DEL (DHR) (View Stock) and VISA INC (V) (View Stock). These increases suggest confidence in the growth potential of these companies.
Disposals and Sells
Everstar Asset Management also disposed of several holdings during this quarter, indicating a shift away from certain areas or strategies. The firm sold its position entirely in J P MORGAN EXCHANGE TRADED F (JPST) (View Stock). Additionally, the investor reduced exposure to other holdings like EEM, STT, and ACI (ALBERTSONS COMPANIES INC) (View Stock). These actions show a clear exit strategy from specific sectors or individual stocks.
Overall Portfolio Activity
The changes observed in Everstar's portfolio reflect active management decisions. The firm has 195 holdings (View Holdings) and maintains a top five allocation of approximately 20.96% across its largest positions.
For more detailed information on Everstar Asset Management's portfolio holdings, including the complete list provided in this filing, please visit their profile page (View Profile). You can also explore individual stock details by visiting the respective pages for each symbol mentioned above.