Ipswich Investment Management: Q2 2026 Portfolio Shifts

A comprehensive review of Ipswich Investment Management Co., Inc.'s portfolio activity for Q2 2026 reveals significant shifts in their holdings. The firm managed a substantial portfolio valued at $457 million as of June 30th.

Key Changes Observed

The investor's actions during this period were notable, particularly the large purchase positions they established:

• IXUS, an iShares Core MSCI USA ETF position increased by 100%.
• The investor's stake in KLAC (KLA Corporation) surged significantly, though specific figures weren't detailed here.
• CSCO, the stock of Ipswich Investment Management Co., Inc. itself, saw a large increase in holdings.
• ITOT, iShares Core MSCI Total U.S. Stock Market ETF, was also significantly added to the portfolio.
• D (Dominion Energy Inc.) received a 100% increase in shares held by this investor.

In contrast, there were no disclosed large sell activities during Q2. However, the investor did exit several positions:

• The stake in KLAC was reduced following its previous substantial increase.
• Shares of CSCO and ITOT decreased significantly after their respective large inflows.

Tech Sector Dynamics

Ipswich Investment Management Co., Inc. maintained a strong Technology sector allocation, which represented approximately 24% of the portfolio's value based on this review. Within this category:

• The investor sold shares in AAPL (-1.2%), GOOGL (-1.47%), and NVDA (-2.9%) during the quarter.
• Conversely, they increased their position in MSFT (+1.3%), while also adding shares to other Technology holdings like ACN and MKC.

Their Technology allocation saw a slight reduction overall (-0.42%) compared to the previous period, primarily due to the net decrease in these major tech stocks.

Financial Services Adjustments

In the Financial Services sector, which accounts for about 11% of the portfolio value:

• Ipswich Investment Management Co., Inc. sold shares of JPM (-3.43%), a significant reduction.
• The investor also exited their position in MMC (-10.16%) and reduced holdings slightly in other Financial Services stocks like PGR (-21.28% increase, but likely due to overall portfolio rebalancing).

Their actions resulted in a net decrease of 3.49 percentage points in their Financial Services allocation.

Healthcare and Energy Flows

In the Healthcare sector:

• The investor sold shares of MRNA (-48.61%), significantly reducing exposure to Moderna Inc.
• Concurrently, they increased their position in NVO (+15.78%) and maintained a small stake in BTI (which is categorized as Consumer Defensive but linked here due to its size).

In Energy:

• The investor purchased shares of OKE (+6.08%) while reducing their position in EQNR (-12.3%).

Communication Services and Consumer Cyclical

Ipswich Investment Management Co., Inc.'s Communication Services allocation saw a notable change:

• The investor sold shares of NFLX (-15.45%), reducing their stake in Netflix significantly.

In Consumer Cyclical, the only disclosed activity was selling shares of AMZN (-2.03%).

Conclusion: Overall Portfolio Activity

The portfolio held 185 stocks as of June 30th, with its largest allocations remaining in Technology (approx. $96 million), followed by Financial Services and Energy sectors.

This quarter's activity suggests a dynamic approach focused on capitalizing on large inflows into specific ETFs like IXUS and individual growth stocks while strategically exiting positions that showed significant declines or aligning with overall portfolio rebalancing goals.