Jacobi Capital Management Q2 2026 Portfolio Activity: Significant ETF Purchases and Sales Observed

As of Jacobi Capital Management Llc's latest filing dated June 30, 2026 (Q2), the investment firm has demonstrated active management within its portfolio. The total value remains substantial at approximately $2.02 billion.

New Positions and Significant Increases

Jacobi Capital Management appears to have initiated several new positions or significantly increased their holdings during Q2 2026, as evidenced by the changes in shares for certain ETFs:

• PDBC (Invesco Active Managed ETC Fund) saw a massive increase of 100% quarter-over-quarter, jumping from zero shares to over 841,000 shares valued at $13.4 million.
• BALT (Innovator ETF Trust) experienced a substantial growth of approximately 229% in its position, adding over 140,000 shares to reach a total value allocation of $7.0 million.
• VSLU (ETF Opportunities Trust) increased by about 9% in the quarter, adding roughly 56,000 shares to its position and now represents $31.1 million of the portfolio.
• NOBL (ProShares Trust) saw a significant increase in holdings by over 7% during Q2, adding approximately 60,000 shares to its position valued at $6.5 million.
• VGT (Vanguard World ETF) experienced a substantial increase of over 714% in the quarter, adding nearly 40,000 shares to its position valued at $5.3 million.
• SPBO (SPDR Series Trust) increased by about 15% in the quarter, adding roughly 30,000 shares to its position valued at $6.7 million.
• BUFZ (First Trust Exchange Traded Fund VI) increased by about 7% during Q2, adding approximately 60,000 shares to its position valued at $26.3 million.
• BUFD (First Trust Exchange Traded Fund VI) increased by about 12% in the quarter, adding roughly 28,000 shares to its position valued at $7.5 million.
• DFAI (Dimensional ETF Trust) increased by about 6.9% in the quarter, adding roughly 29,000 shares to its position valued at $18.3 million.
• SCHX (Schwab Strategic Trust) decreased by about 4.2% in the quarter, subtracting roughly 27,000 shares from its position valued at $18.5 million.

Significant Reductions and Sales

Jacobi Capital Management also divested substantial portions of certain holdings during Q2:

• CGSM (Capital Group Fixed Income ETF) experienced a sharp decline, reducing its position by 63% and subtracting over 51,000 shares.

The firm sold other positions with notable decreases:

• SPBO (SPDR Series Trust) decreased by about 15% in the quarter, subtracting roughly 30,000 shares from its position valued at $6.7 million.
• KWFD (ISHares Trust) decreased by about 94% in the quarter, subtracting roughly 850,000 shares from its position valued at $1.3 million.
• KWFD (ISHares Trust) decreased by about 94% in the quarter, subtracting roughly 850,000 shares from its position valued at $1.3 million.
• KWFD (ISHares Trust) decreased by about 94% in the quarter, subtracting roughly 850,000 shares from its position valued at $1.3 million.
• KWFD (ISHares Trust) decreased by about 94% in the quarter, subtracting roughly 850,000 shares from its position valued at $1.3 million.
• KWFD (ISHares Trust) decreased by about 94% in the quarter, subtracting roughly 850,000 shares from its position valued at $1.3 million.
• KWFD (ISHares Trust) decreased by about 94% in the quarter, subtracting roughly 850,000 shares from its position valued at $1.3 million.
• KWFD (ISHares Trust) decreased by about 94% in the quarter, subtracting roughly 850,000 shares from its position valued at $1.3 million.
• KWFD (ISHares Trust) decreased by about 94% in the quarter, subtracting roughly 850,000 shares from its position valued at $1.3 million.
• KWFD (ISHares Trust) decreased by about 94% in the quarter, subtracting roughly 850,000 shares from its position valued at $1.3 million.

Other Changes and Overall Activity

Beyond these major shifts, Jacobi Capital Management made numerous smaller adjustments to their portfolio during Q2:

• SPY (State Street SPDR S&P 500 ETF) decreased slightly by 0.68%.
• BRK-B (Berkshire Hathaway Inc.) increased modestly by 6.59%.
• AAPL (Apple Inc.) decreased slightly by 0.29%.
• VTI (Vanguard Index Fund) increased very slightly by 0.77%.
• IWM (iShares Trust) increased significantly by 9.41%.

The total number of holdings remained high at 616, indicating a diversified approach, though the data suggests many positions were either newly added or reduced in size during this quarter. The portfolio's top five holdings by value still include major US stocks and ETFs like SPY, BRK-B, QQQ, VTI, and AAPL.

Sectoral Activity

While the primary focus of changes appears to be within specific ETF categories (particularly those with 'ETP' or 'ETF' suffixes), it's worth noting that no purchases or sales were disclosed for holdings clearly identified as belonging to sectors like Industrials, Healthcare, Consumer Defensive, Communication Services, Utilities, or Energy. The only sector allocation change mentioned in the filing relates to a reduction in holdings within the 'Unknown' category.

In summary, Jacobi Capital Management's Q2 2026 activity highlights both strategic additions and reductions. For detailed analysis of these specific transactions, investors can refer directly to Jacobi Capital Management Llc's latest filing.