Invariant Investment Management Q2 2026 Portfolio Activity: Significant Shifts in Fixed Income Holdings
Invariant Investment Management's portfolio saw substantial changes during Q2 2026, marked by a significant increase in the holding of ISHARES TR (USMV) and notable reductions across several fixed income ETFs.
As reported for the period ending June 30th, 2026, Invariant Investment Management's portfolio has undergone considerable changes. The firm demonstrated a strong focus on adjusting its fixed income allocations during this quarter.
The most significant activity involved ISHARES TR (USMV), which experienced an unprecedented 100% increase in holdings. This substantial growth, reflected by a change_in_shares_from_prior_period of +51863 shares and corresponding to the stock's current portfolio_percentage_allocation of 2.98%, suggests a major strategic addition.
On the other side of the spectrum, AMERICAN CENTY ETF TR (AVEM) saw its largest reduction during Q2 2026. The position decreased by a massive -49.77%, with change_in_shares_from_prior_period of -73866 shares, indicating a significant divestment from this holding which now accounts for just 4.16% of the portfolio.
Other notable reductions occurred in fixed income ETFs like ISHARES TR (IEF), down by -24.93%, and J P MORGAN EXCHANGE TRADED FUND (JPST) which decreased by -4.48%. Conversely, the firm increased its position in VANGUARD INDEX FUNDS (VOO) by +26.79% and added to LULULEMON ATHLETICA INC (LULU) with an 83.3% increase, though these additions are smaller in percentage terms.
The overall portfolio value increased by $170 million to reach $170,570,841 as of June 30th, 2026. These changes reflect Invariant's active management approach during the quarter.