Sky-Mountain Capital Management Q2 2026 Portfolio Activity

Based on available data for Sky-Mountain Capital Management, Inc., the portfolio exhibited notable shifts during Q2 2026. The analysis focuses solely on changes observed in this period and omits any speculative elements or data not provided.

Significant reductions were observed primarily in USFR. This ETF holding saw a decrease of over 14% (-182,437 shares) during the quarter. The substantial drop suggests a strategic divestment from this WisdomTree TR product by the investor.

In contrast to the reduction in USFR, there were several instances of large increases or new positions created within the portfolio. Notably, VUG experienced an enormous increase of over 878% (49,657 shares added). This Vanguard Index ETFs holding represents a significant overweight position for Sky-Mountain Capital Management.

Other substantial additions included:

• GRID: An increase of over 33% (9,896 shares added)
• VXUS: An increase of nearly 59% (8,724 shares added)
• RWO: A new position created with a purchase of over -9% change from prior period (-460 shares sold or equivalent increase not directly quantifiable by share change alone)
• VBR also showed significant growth, albeit less dramatic than VUG.

The portfolio saw moderate changes in other areas. For instance:

• NKE: A decrease of nearly 17% (-14,373 shares sold)
• VWO experienced a substantial increase (94.69%) with significant share additions.
• VEA showed strong growth with an increase of over 28% (2,987 shares added).
• SMH: A new position created or significantly increased.
• VTI showed a large increase (100%) with significant share additions.