Hobart Private Capital Q2 2026 Portfolio Activity: Significant Purchases & Sales Observed

As reported for the period ending June 30th, 2026, Hobart Private Capital, Llc has shown notable activity within its portfolio. The firm appears to have focused on strategic adjustments involving Exchange-Traded Funds (ETFs), particularly emphasizing purchases of funds with substantial growth potential.

Prominent Purchases Observed

Hobart Private Capital significantly increased their holdings in several funds during Q2 2026. The most striking purchase was VANGUARD WORLD FD (VGT), where the fund's shares jumped by an impressive 641.5% quarter-over-quarter, boosting its portfolio allocation from a negligible position to approximately 2.65%. This suggests a strong conviction in broad global equity exposure.

Other substantial buys included FIRST TR EXCHANGE-TRADED FD (GRID), which saw its allocation increase by 100% due to an entirely new position established this quarter. Similarly, the firm added a significant amount of VANGUARD CHARLOTTE FDS (BNDX) and FRANKLIN TEMPLETON ETF TR (FLMI), both representing new positions added this quarter. The allocation for BNDX was set at 0.67%, while FLMI's allocation reached 0.4%. Additionally, the investor noted a large purchase of SPDR SERIES TRUST (SPBO), increasing its position by 100%.

Notable Sales and Reductions

In contrast to the significant buys, Hobart Private Capital also divested from certain holdings during Q2. The most substantial sale was SPDR INDEX SHS FDS (QEFA), completely exiting this position entirely this quarter.

Several other funds experienced notable reductions in their portfolio allocation, including the firm's own primary holding, SPY. The S&P 500 ETF saw a decrease of approximately 17% in its weight within the portfolio, reflecting a significant reduction in shares (-88,006). Other exits or substantial decreases were observed in COLUMBIA ETF TR I (DIAL) and SPDR INDEX SHS FDS (SPEM). The sale of DIAL resulted in a -36.97% change, while SPEM's allocation decreased by 31.03%. Furthermore, the firm shed its position in VANGUARD WELLINGTON FD (VFQY), which was completely exited (-87.29% change).

Strategic Shifts and Portfolio Context

The observed changes indicate a potential strategic shift away from certain sectors or specific ETF structures, while simultaneously increasing exposure to diversified global funds like VGT.

This quarter's activity also highlights the investor's tendency towards concentrated buying in select quarters. The significant increases suggest confidence in these particular holdings at this time. Conversely, the exits show a willingness to adjust positions based on perceived value or market conditions.

Additional Portfolio Insights

Hobart Private Capital manages a substantial portfolio valued at $571.7 million as of June 30th, 2026. Their current allocation heavily favors VANGUARD BD INDEX FDS (BND) and the SPDR S&P 500 ETF Trust series, with BND accounting for about 4.42% of assets.

The portfolio's sector allocation remains dominated by 'Unknown' holdings at nearly 89%, followed closely by Technology at 5.99%. There are smaller allocations in Communication Services (1.53%), Consumer Cyclical (0.93%), and others, reflecting a complex structure that may involve various types of funds beyond traditional stock sectors.

For further details on Hobart Private Capital's portfolio holdings or performance metrics for the specific stocks mentioned, please refer to their filings available at Hobart Private Capital, Llc.