Occidental Asset Management Q2 2026: Heavy Investments in Tech Giants, Energy & Financials
Occidental Asset Management's portfolio saw significant changes in Q2 2026 with notable purchases of SPDR ETFs and individual stocks like Microsoft (MSFT), Hewlett-Packard Enterprise (HPE) alongside substantial sales from its previous holdings.
As reported by Occidental Asset Management, LLC, the portfolio management firm's holdings underwent considerable shifts during Q2 ending in 2026.
The investor demonstrated a clear focus on Technology and select sectors via SPDR ETFs. Key purchases included:
- ISHARES TR (IWF): A substantial increase of over 35,000 shares, representing an almost 300% jump in holdings for this industrials sector fund.
- XYLEM INC (XYL): Entered a new position with a full share increase from zero to the current level.
- MICROSOFT CORP (MSFT): Increased its stake by over 25,000 shares in Microsoft stock, pushing the allocation percentage higher within Technology.
- NEWMONT CORP (NEM): Showed strong confidence with a nearly three-fold increase in shares held of this basic materials company.
- SELECT SECTOR SPDR TR (XLE) and BLACKSTONE INC (BX)">: Both experienced significant share growth, indicating continued interest in specific sector exposure.
- HEWLETT PACKARD ENTERPRISE CORP (HPE): Entered a new position with this quarter's data showing the full purchase amount and quantity.
This buying activity was complemented by notable sales from previous positions:
- SELECT SECTOR SPDR TR (XLC): Sold shares resulting in a nearly 78% reduction of this position.
- KIMBERLY-CLARK CORP (KMB): Reduced its stake by over 90%, signifying a significant exit from consumer defensive stocks.
- FIRST TR EXCH TRADED FD III (FUMB)">: Sold shares in this financial services ETF, impacting its portfolio allocation.
- FSMB: This SPDR fund holding was sold entirely by the investor during Q2.
- ACLS (likely referring to ACLS ETFs, though symbol is ambiguous in this context) and TPR: Both were sold entirely by the investor.
The portfolio's overall structure reflects these changes. Technology remains a strong sector focus, accounting for approximately 25% of the total value as per Occidental Asset Management's allocation data.
Additionally, Occidental Asset Management maintains positions in other sectors like Financial Services (5.31%), Basic Materials (2.24%) and Consumer Defensive (2.23%). The investor's active management style is evident through the high number of holdings changed this quarter (273) compared to its total portfolio size.
For further details on Occidental Asset Management, LLC's investment strategy or analysis of specific stocks like NVIDIA, Apple, and others, please refer to the source data provided.