Neumann Capital Management Q2 2026: Strategic ETF Purchases and Minor Adjustments

Neumann Capital Management, Llc's portfolio analysis for the second quarter of 2026 provides insights into their investment strategy. The firm manages a substantial portfolio valued at $150,971,933 as of June 30th.

The data shows notable changes in holdings during this period. Neumann Capital Management appears to have focused on ETFs and a few individual stocks, adjusting their allocations accordingly.

Prominent Purchases: New Positions and Significant Increases

In its Q2 filing, Neumann Capital demonstrated active buying by establishing new positions or significantly increasing existing ones. The most striking purchase was the 300% increase in shares of ISHARES TR (IWF), which saw a substantial jump from prior period levels.

This aggressive move into IWF, an iShares fund tracking the Russell 2000 ETF, suggests confidence in small-cap value stocks. The firm also showed strong interest in other individual names and specific exchange-traded funds during this quarter.

• Investors should consider following ISHARES TR (IWF), which gained 2,616 shares or a massive +300% allocation change from the previous period. This ETF now represents approximately 0.29% of Neumann Capital's portfolio.
• Another significant addition was PUBLIC SVC ENTERPRISE GROUP (PEG), an individual stock falling under Utilities. The filing indicates a decrease in shares, but this sector-specific analysis requires further data points to fully assess the impact.

Furthermore, Neumann Capital made notable purchases of specific stocks that represent new positions or significant additions:

• The firm acquired 986 shares of PALO ALTO NETWORKS INC (PANW), a Technology stock. This was an entirely new position in the portfolio, contributing $336,246 worth to their holdings.
• They also added 600 shares of CADENCE DESIGN SYSTEM INC (CDNS), another Technology stock. This was a fresh position, adding $225,192 to their allocation.

Minor Adjustments and ETF Fluctuations

Beyond the headline-grabbing moves, Neumann Capital also made smaller adjustments across various holdings. This includes slight changes in allocations for established funds like Vanguard Index Fund (BSV) and iShares Core S&P Small-Cap Value ETF (IJR).

• There was a decrease of 919 shares or -1.49% allocation change in VANGUARD BD INDEX FDS (BSV). This mutual fund holding saw its portfolio percentage drop slightly to about 3.13%, but the impact is likely minimal.
• The firm also adjusted ISHARES TR (IJR), a small-cap core ETF, with an increase of just +0.43% allocation change from prior period shares.

Additionally, Neumann Capital sold or reduced positions in several Vanguard funds:

• VANGUARD INDEX FDS (VNQ) experienced a reduction of 465 shares (-0.75%)
• VANGUARD INTL EQUITY INDEX FUND SHARES (VT) saw an increase, but the allocation change was small (+1.7% or +26908 shares)

Overall Portfolio Insights and Strategy

The portfolio analysis indicates a mix of strategies employed by Neumann Capital during Q2 2026.

Their focus on exchange-traded funds (ETFs) is evident, holding several prominent ones like ISHARES TR (IJR), ISHARES TR (IJT), and VANGUARD INDEX FDS (VNQ). These ETF holdings collectively account for a significant portion of the portfolio.

Furthermore, Neumann Capital's allocation breakdown shows:

• A heavy concentration in ISHARES TR (IJR), which remains one of their largest positions at approximately 11.63%.
• Significant exposure to Vanguard funds, including VANGUARD BD INDEX FDS (BSV) and VANGUARD INDEX FDS (VNQ).

Their portfolio includes individual stocks like PFIZER INC (PFE), which saw an increase in allocation (+4.83%), suggesting selective stock picking alongside ETF usage.