Investment Management Corp Portfolio Shifts in Q3 2026

Investment Management Corp's portfolio underwent notable changes during the third quarter of 2026, as evidenced by the filing dated 2026-09-30. The total portfolio value remained substantial at $126.98 million, but the composition saw shifts in holdings, reflecting strategic decisions to buy and sell assets.

The investor demonstrated a clear focus on growth through several significant purchases. Notably, new positions were initiated in FIDELITY COVINGTON TRUST (FTEC) and SELECT SECTOR SPDR TR (XLV), both adding 100% to their respective holdings. The ETF FIDELITY COVINGTON TRUST (FTEC) gained 100% of its current holding, representing a substantial new allocation of $4.77 million. Similarly, SELECT SECTOR SPDR TR (XLV) saw a 100% increase, adding $4.65 million to the portfolio. Furthermore, existing positions in INNOVATOR ETFS TRUST (EJUL) and ISHARES TR (ISTB) were significantly bolstered, each increasing by 100% ($4.64 million and $1.31 million respectively). Another exchange-traded fund, INNOVATOR ETFS TRUST (IAPR), experienced a modest increase of 3.74% ($22,610). The investor also showed renewed interest in CROWDSTRIKE HLDGS INC (CRWD), adding shares that increased its allocation by 130.77% ($1.65 million added). These actions signal confidence in specific trusts and the Technology sector.

Conversely, Investment Management Corp also recorded significant sales during this period. The most notable exit was from SELECT SECTOR SPDR TR (XLU), which saw a 56.39% reduction in its allocation ($1.56 million sold). This ETF, focused on Utilities, decreased its position by 8,790 shares. Additionally, the investor sold shares of INVESCO EXCHANGE TRADED FD T (PPA), which experienced a 31.6% reduction ($155,770 sold). The investor also divested from TRUIST FINL CORP (TFC) and CAPITAL ONE FINL CORP (COF), although the impact on these specific holdings was less pronounced than the XLU sale. These sales indicate a potential shift away from certain sectors or trusts.

The overall portfolio allocation by sector also provides insight into these changes. Technology gained prominence, now accounting for 5.88% of the portfolio ($7.46 million). Communication Services and Industrials also saw allocations, representing 1.75% ($2.23 million) and 2.42% ($3.08 million) respectively. Financial Services remains a significant part of the portfolio at 2.27% ($2.88 million), while the largest sector allocation is still categorized as 'Unknown', comprising 72.79% ($92.43 million) of the total value. Consumer Cyclical holds 12.9% ($16.38 million), and the other sectors are relatively minor components.

In summary, Investment Management Corp's third-quarter activity involved a mix of strategic buying and selling. The initiation of new positions in FTEC, XLV, and EJUL, alongside substantial increases in IAPR and CRWD, points towards a focus on growth-oriented ETFs and the Technology sector. The significant sale from XLU suggests a departure from that sector or a rebalancing effort. The investor's decisions reflect a dynamic approach to managing their portfolio, adjusting allocations based on perceived opportunities and exits.