Oakworth Capital Inc Q2 2026 Portfolio Changes
Oakworth Capital Inc's portfolio saw significant shifts in the second quarter of 2026, with notable additions and reductions across various ETFs.
As reported by Oakworth Capital Inc, its investment strategy involved substantial changes during Q2 2026. The portfolio's total value stood at $2,075 million as of June 30th.
Key activities this quarter included the initiation or significant increase of positions in several holdings. Notably, INVESCO DB Agriculture Fund (DBA) was added to the portfolio with a full 100% allocation change from prior periods.
The investor also significantly increased its stake in large-cap growth stocks. The Russell 1000 Growth ETF (IWF) saw an increase of over 55% in shares, boosting its portfolio allocation from 3.4% to a peak of 5.7%. Similarly, the Vanguard FTSE Developed Markets Fund (VEA) experienced substantial growth with a share increase of approximately 32.6%, raising its allocation from around 3.4% to nearly 4.7%
Conversely, the investor reduced or exited positions in certain areas. The Vanguard Developed Markets Index Fund (VEA) saw a significant reduction of over 23% in shares during Q2, lowering its allocation from approximately 4.7% to around 3.5%. There was also an exit from the Technology Sector SPDR Trust ETF (XLK) as it completely disappeared from the portfolio.
Mid-cap adjustments were observed, with both Russell Mid-Cap Growth and Total (IWR) experiencing changes. The Russell 1000 Mid Cap ETF (IWR) allocation increased from about 3.6% to a high of roughly 4.7%, while the total mid-cap position decreased slightly, reflecting an overall reduction in this category.
Defensive and specific stock holdings also saw movement. The investor added shares of WMT, increasing its allocation to 1.4%. There was a notable increase in the holding for US Healthcare ETF (IYH), raising its portfolio weight from about 0.8% to over 1.2%, though this specific stock entry itself only accounted for around 0.9% of the total.
In summary, Oakworth Capital Inc focused on expanding exposure in large-cap growth and mid-cap sectors during Q2 2026 while reducing its footprint in certain international funds like VEA (previously at higher allocation) and exiting the Technology sector ETF (XLK). The overall portfolio value remained substantial, reflecting continued active management.