Scissortail Wealth Management Q2 2026 Portfolio Activity: Strategic Shifts in Tech, Energy, and ETF Holdings

Scissortail Wealth Management, Llc has released its portfolio activity report for the second quarter of 2026 (Q2), providing valuable insights into institutional investment patterns. This comprehensive filing reveals significant changes in holdings across various asset classes and sectors during this period.

New Position Acquisitions

Among the most notable additions to Scissortail's portfolio are several individual stocks representing specific industry exposure:

• O (Realty Income Corporation), a REIT, was added as a new position with an allocation of approximately $3.1 million.
• The investor initiated a significant stake in financial services giant Wells Fargo (WFC), investing the full amount required for a new position valued at around $3.2 million.
• Energy company Helmerich & Payne (HP) was added to the portfolio, representing about $1.6 million in new value.
• An investment in consumer cyclical stock Service Corporation International (SCI), valued at approximately $2.2 million, was noted as a new position.

Increased Holdings

The investor also demonstrated continued confidence in certain existing positions by increasing their holdings:

• ISHARES TR MSCI USA QLT FCT (QUAL), a core holding, saw its stake increase significantly during the quarter.
• EFG experienced substantial growth in holdings, adding over $2.3 million to this EAFE-focused ETF position.
• The allocation for the long-standing holding of SPDR Portfolio Aggregate Bond ETF (SPAB) increased by approximately $17,000.

Decreased Holdings and Divestments

In contrast to the increases, Scissortail also reduced its exposure in several areas:

• The position in Technology stock NVIDIA (NVDA) was drastically cut during Q2. This action coincided with a significant sell signal for the investor.
• CONOCOPHILLIPS (COP), another Energy stock, saw its stake reduced by nearly $47% in value terms.
• The allocation to MSCI Emerging Markets ETF (IEMG) was substantially decreased during the quarter.

These changes reflect a dynamic investment strategy focused on quarterly adjustments based on market conditions and performance metrics. The portfolio's overall structure appears to be shifting focus away from high-growth Technology names towards more established sectors like Financial Services, Energy (specifically through individual companies), and ETFs providing broad exposure.

Strategic Implications

The observed buying activity in Wells Fargo, Realty Income, Helmerich & Payne, and Service Corporation International suggests a potential tilt towards sectors offering stable income streams or exposure to cyclical economic recovery phases. The significant increase in the holding of QUAL indicates continued confidence in US small-cap growth stocks.

Conversely, the reduction in Technology holdings (particularly NVIDIA) and Energy ETFs (IEMG) points towards a strategic rebalancing or risk management approach. The divestment from NVIDIA is especially noteworthy given its high valuation and volatility.

The investor's actions also highlight their continued interest in fixed income through ETFs like SPAB, while simultaneously adding individual stocks that may offer higher potential returns or specific sector exposure. This balanced approach underscores the institutional nature of Scissortail Wealth Management's investment strategy.