Sequoia Financial: ETF Focus & Tech Exposure in March 2026 Portfolio

Portfolio Overview

Sequoia Financial Advisors' portfolio, valued at over $17 billion as of March 31, 2026, demonstrates a clear preference for exchange-traded funds (ETFs) and prominent technology companies. The largest holding by value is Vanguard Index Funds (VTI), accounting for 6.81% of the portfolio with a substantial stock value of approximately $1.2 billion. This is followed by EA Series Trust (CCMG) at 5.86% and iShares ETF (IXUS) at 2.94%. Notably, the portfolio includes significant allocations to individual technology leaders Apple (AAPL) and NVIDIA (NVDA), each representing around 2.7% and 2.6% of the total, respectively.

Strategic Allocation: ETF Dominance and Technology Focus

The portfolio's structure suggests a strategy heavily reliant on ETFs for broad market exposure and diversification within specific sectors. This approach is evident as ETFs constitute the majority of the top holdings, including VTI, CCMG, IXUS, VONG, DSTL, DFAU, and JPIE. The Technology sector, encompassing Apple, NVIDIA, and Microsoft (MSFT), holds a combined allocation of approximately 6.1%, indicating a targeted exposure to this high-growth area, albeit not the dominant theme compared to the ETF concentration. Other sectors are less represented in the top holdings, with many holdings lacking sector classification.

Recent Activity and Concentration

Several holdings show significant recent changes. The Vanguard Index Fund (VTI) saw an increase in shares held by 3.85%, while Apple (AAPL) experienced a substantial 16.4% increase in its share count. Conversely, the EA Series Trust fund (CCMG) showed a slight decrease of 0.94% in shares. The portfolio's reliance on a limited number of large holdings, particularly ETFs, suggests a degree of concentration, despite the apparent diversification through multiple ETF vehicles. The top ten holdings alone represent a significant portion of the portfolio's value, anchored by the large ETF positions.