Kennicott Capital Management Llc Q2 2026 Portfolio Activity Analysis

Kennicott Capital Management Llc has made several notable adjustments to its portfolio holdings as of June 30, 2026. The investment firm primarily focused on exchange-traded funds (ETFs) and sector-specific stocks, reflecting a strategic approach common among institutional investors.

Among the most significant changes this quarter were substantial increases in positions within popular ETFs:

• VUG, tracking the Vanguard Information Technology Sector Index, saw its share count jump by 357.75%, representing a major allocation shift to technology stocks.
• The highly diversified QQQ ETF increased by 18.96% in shares, maintaining its position as the largest holding at approximately 24.8% of the portfolio.
• VV, another Vanguard fund tracking broad market index funds, increased slightly by -0.73%, though this is actually a decrease in allocation percentage from 11.18% to the same value minus change.
• XLK, the SPDR Technology Select Sector ETF, increased by -0.81%, indicating a slight reduction in allocation percentage from 6.73% to slightly less than that.
• XLF, the SPDR Financial Select Sector ETF, increased by -2.12%, showing a decrease in allocation percentage from 1.54% to slightly less than that.
• XLP, the SPDR Consumer Staples Select Sector ETF, increased by -4.57%, indicating a reduction in allocation percentage from 0.96% to slightly less than that.
• XLV, the SPDR Healthcare Select Sector ETF, increased by -4.57%, showing a decrease in allocation percentage from 0.96% to slightly less than that.
• IYF, the iShares Nasdaq Biotech ETF, increased by -4.57%, indicating a reduction in allocation percentage from 0.96% to slightly less than that.
• VUG was also highlighted as one of the significant buys, aligning with its substantial share increase.

In addition to ETFs, Kennicott Capital Management made notable purchases in individual stocks:

• CIM, a company operating in the Real Estate sector, was added or significantly increased.
• TWLO (Twilio Inc.), also in Technology, saw its first appearance as an investment by Kennicott Capital Management Llc this quarter.

The investor also made adjustments to existing positions:

• RSPT (iShares Core S&P Small Cap Growth ETF) experienced a decrease in shares, reducing its allocation percentage by 16.13%.
• SGOV (iShares Mortgage-Backed Securities ETF), saw a reduction of -4.78%, decreasing its portfolio weight slightly.

No other individual stock purchases or sales were disclosed in the filing, though there was activity involving VV and several SPDR ETFs (XLK, XLF, XLP, XLV).

The portfolio's sector allocation remains dominated by "Unknown" holdings at 94.7%, with the remaining allocations spread across various sectors:

• Technology: Representing approximately VUG, XLK, and others, totaling about 2.84% of the portfolio.
• Communication Services: Holding around 1.39% allocation.
• Real Estate: Including holdings like CIM, BXMT, and others, totaling about 0.56%.
• Consumer Cyclical: Representing a small portion of the portfolio at approximately 0.31% allocation.
• Healthcare: Holding around 0.19% allocation.

Kennicott Capital Management Llc's strategy appears focused on broad diversification through ETFs, particularly within the technology and healthcare sectors via specific funds like VUG and XLV. The firm also maintains exposure to large-cap ETFs such as QQQ and VV. Further details about the investor's holdings can be found on their profile page.