Kentucky Trust Co Q2 Portfolio Activity: Significant Buys and Sells in Financial Services & Technology

Kentucky Trust Co's portfolio underwent significant adjustments during the second quarter of 2026, reflecting strategic buying and selling activities across various sectors.

The investor demonstrated a strong focus on growth in certain areas while strategically reducing exposure elsewhere. Notably, they significantly increased their position in ProShares S&P 500 Dividend Aristocrats ETF (NOBL), which experienced a substantial +100% increase in holdings during the quarter.

This significant buying activity was not limited to NOBL alone. The investor also showed interest in other dividend-focused strategies, adding shares to DNP Select Income (DNP) with a +1.23% change and increasing holdings of JPMorgan Chase (JPM) by 6.07%, indicating continued confidence in large-cap Financial Services.

Conversely, the portfolio saw several high-profile exits or reductions this quarter. The investor sold off shares from Walmart (WMT), which experienced a -9.6% reduction in holdings, and exited positions in General Mills (GIS) (-15.2%) and Pfizer (PFE) (-2.36%).

The sales activity was also evident in holdings like Iron Mountain (IRM) which decreased by -7.42%, AbbVie (ABBV) down -18.52%, and Abbott Labs (ABT) with a significant -20.41% reduction, impacting the Real Estate sector allocation.

Furthermore, positions in other dividend-linked ETFs saw reductions: iShares Preferred and Income Securities ETF (PFF) decreased by -0.74%, while DYNF experienced a moderate +5.05% increase, showing selective adjustments within the fixed income and factor rotation space.

The overall portfolio turnover rate was high this quarter, with 132 holdings changing positions out of 301 total holdings (holding_count). The top five holdings by weight accounted for approximately 19.24% of the total portfolio value (top5_weight_pct), suggesting a diversified approach despite active management.