North Capital Inc. Investment Activity Analysis: Q2 2026 Portfolio Changes
North Capital Inc.'s portfolio reached $128 million as of June 30, 2026, with significant allocations to fixed income and US equity ETFs.
As of June 30, 2026, North Capital Inc. managed a substantial portfolio valued at $128 million. The investment strategy appears heavily weighted towards fixed-income securities and exchange-traded funds (ETFs), particularly the SPDR Series Trust State Street Bloomberg 1-3 Month T-Bill ETF (BIL) which accounts for 25.9% of the total assets.
The investor's holdings are dominated by several key ETFs and a few individual stocks, reflecting a focus on broad market exposure alongside some specific equity positions. Among the top holdings, Dimensional US Core Equity Market (DFAU) holds 12.28%, Dimensional International Core Equity Market (DFAI) accounts for 5.4%, and Dimensional Emerging Markets Credit Risk Management (DFAE) is at 4.58%. The large allocation to BIL suggests a significant portion of the portfolio is seeking safety and liquidity in short-term government debt.
North Capital Inc.'s sector allocations show diversification across several industries, with the largest share held by 'Unknown' sectors (73.01%), followed closely by Technology (8.64%) and Financial Services (6.2%). The portfolio includes notable positions in specific companies like Apple Inc. (AAPL) at 3.8%, Berkshire Hathaway (BRK-B) at 1.76%, and QQQ Trust Series ETFs.
This quarter, North Capital Inc. demonstrated active buying in several areas. The investor significantly increased exposure to fixed-income solutions by acquiring the IShares Short Duration Bond Active ETF (NEAR), boosting its position from previous quarters with a substantial share increase and allocation percentage of 0.53%. Similarly, there was notable buying activity in the IShares TR RUS 1000 Growth ETF (IWF) at an allocation of 0.52%, Dimensional Emerging Markets Core Equity (DFAE) increased its stake to reach a higher portfolio weighting.
Furthermore, North Capital Inc. added positions in other individual stocks and ETFs this quarter including the IShares MSCI EAFE ETF (EFA), Vanguard Growth ETF (VUG), and Wells Fargo Co. (WFC). The holding count increased to 99 companies/ETFs as of June 30, 2026.
Conversely, there were also reductions in certain holdings during this period. For instance, the SPDR S&P 500 ETF (SPY) saw a decrease in its position by approximately 11.47%, and the Vanguard Mid-Cap Index Fund (VO) experienced a significant reduction of over 96% due to share decreases.