Gradient Investments Llc Activity Analysis: Q2 2026 Portfolio Changes

Gradient Investments LLC recently filed its institutional investor report for the period ending June 30, 2026 (Q2 2026). This filing provides valuable insights into portfolio adjustments made during this quarter.

New Positions Acquired

The most notable activity involves Gradient Investments establishing new positions in several exchange-traded funds (ETFs) and trusts. The investor deployed substantial capital, acquiring a 100% stake in Simplify ETF Trust's AGGH fund, investing approximately $37 million. Similarly, the INNOVATOR ETFS TRUST's NJUN ETF saw a complete acquisition of all shares held by Gradient Investments at this time, valued around $28 million.

Significant Increases in Holdings

Gradient Investments also demonstrated strong conviction in certain existing holdings during Q2 2026. The SPDR Series Trust's SPIB fund experienced an impressive increase of over 8,222% in its portfolio allocation within this quarter, reflecting a significant purchase decision by the investor.

Focus on Technology and Consumer Stocks

The filing confirms Gradient Investments' continued interest in technology stocks. NVIDIA Corporation (NVDA) shares held by the investment vehicle increased by nearly 30% during Q2 2026, while Microsoft Corporation (MSFT) saw a modest increase of about 4.59%. Additionally, the investor maintained exposure to communication services through Alphabet Inc. (GOOG), which also showed positive share growth.

Notable Purchases in ETFs

Beyond equities, Gradient Investments made significant purchases in various ETF structures. The investment vehicle added shares of SPDR Series Trust's SPLG fund and established a position in the Vaneck Bitcoin ETF (HODL). Furthermore, substantial investments were noted in Palladium-focused trusts like ABRDN Palladium ETF Trust (PALL) and BondBloxx ETF Trust's XSVN fund.

Decreases and Sells Observed

The report also details reductions or exits from certain holdings. Gradient Investments reduced its position in SPDR Series Trust's SPAB fund by approximately 36.84%, indicating a strategic shift away from this ETF. The BondBloxx ETF Trust's XFIV fund was completely divested, representing an exit of nearly $27 million worth of shares.

Other Portfolio Activity

The filing shows Gradient Investments made adjustments across its diverse portfolio. Holdings like GOOG saw a decrease in share count by about 5.72%, while GLDM experienced a reduction of roughly 6.79%. The investor also maintained positions in Consumer Cyclical stocks such as AMZN and TSCO, despite slight decreases elsewhere.