New England Asset Management Inc Portfolio Changes Q2 2026

As reported by InsiderSet for the period ending June 30, 2026 (Q2), New England Asset Management Inc showed notable activity within its investment strategy. The analysis focuses on changes observed in specific holdings and sector allocations.

Prominent Purchases This Quarter

New England Asset Management Inc significantly increased its exposure to several sectors during Q2 2026, reflecting targeted buying activities:

• Healthcare: Abbott Laboratories (ABT) saw a substantial increase in shares held by the investor. The portfolio weight for ABT rose notably from prior period levels.
• Technology: Intuit (INTU) and Nike Inc (NKE) were among the significant additions or increases noted, boosting their respective allocations within the fund's holdings.
• ISHares TR (USHY) was added as a new holding, increasing its allocation by 147.07% during this quarter.

The fund's focus on healthcare and technology sectors appears to be driven by specific opportunities identified in these areas. Notably, the investor also increased its stake in Procter & Gamble (PG), adding shares that contributed positively to its Consumer Defensive allocation.

Significant Sales and Reductions

In parallel with these purchases, the investor divested or reduced positions in certain stocks:

• Financial Services: KeyCorp (KEY) experienced a significant reduction of 16.04% in its position during Q2.
• Wells Fargo & Co (WFC), despite being listed, showed a substantial decrease of approximately 17.4%, impacting the fund's Financial Services allocation significantly.
• Cisco Systems Inc (CSCO) saw its position reduced by about 23.74% during the quarter.

These sales resulted in notable decreases across different sectors, including reductions within Technology and Consumer Defensive categories. The investor also disposed of or significantly scaled down positions in other companies like Kinder Morgan Inc (KMI) and Campbell's Soup Company (CPB).

Sector Allocation Shifts

The overall portfolio allocation saw shifts influenced by the buying and selling activities:

• While Technology holdings increased slightly, their total sector allocation remained relatively stable at 5.33%.
• Healthcare gained prominence with its allocation increasing to 9.08%, likely driven by the significant addition of Abbott Laboratories (ABT).
• The Financial Services sector allocation decreased from previous levels due to the large reduction in KeyCorp and Wells Fargo shares, now standing at 7.76%.

Additionally, the investor maintained a position in Utilities stocks like CMS Energy Corp (CMS) and ALLIANT ENERGY CORP (LNT), despite reductions in their individual holdings during this period.