Sonoma Allocations LLC Investment Activity in Q2 2026

As of June 30, 2026, Sonoma Allocations Llc held a substantial portfolio valued at $297.6 million. The fund's investment strategy appears focused on Exchange-Traded Funds (ETFs), given the prominence of ETF holdings in its allocations.

Major Purchases This Quarter

Sonoma Allocations LLC significantly bolstered several positions during Q2 2026:

• EWA, tracking the MSCI ACWI ex-US Small Cap Index, saw a massive increase of 100% in its position. This likely indicates either an initial purchase or a substantial reinvestment.
• INVESCO LTD (IVZ) also experienced a full 100% increase, suggesting strong confidence in this ETF provider's product.
• The investment in UJAN, an Innovator ETF Trust fund, was reduced by approximately 5.63%, indicating a strategic shift away from this specific ETF.
• SCHWAB STRATEGIC TR (SCHE) received a new allocation of $3.8 million, representing an initial investment or reinvestment activity by the fund.

Prominent ETF Holdings and Minor Adjustments

The bulk of Sonoma Allocations' portfolio consists of various ETFs:

• ISHARES INC (EWA) remains a cornerstone holding, valued at $47.3 million and accounting for 14.69% of the portfolio.
• INVESCO LTD (IVZ), representing physical gold via ETFs, holds value equivalent to about 12% ($12.4 million) of the total assets.
• Other notable holdings include UJAN (Innovator ETFS TRUST), valued at $17.6 million, and WisdomTree ETFs like EUSC ($13.6 million).
• ISHARES TR (IVV) was slightly reduced by 0.06% in shares but its value remained stable, showing a minor adjustment without significant directional change.

New Positions and Reduced Exposure

Sonoma Allocations added new ETF positions while reducing exposure to others:

• Two relatively small ETFs were initiated: AMERICAN CENTY ETF TR (AVEM), valued at $4.2 million, and PUTNAM ETF TRUST (PVAL) worth approximately $2.7 million.
• The fund also added a very small position to INNOVATOR ETFS TRUST (UAPR), valued at just under $0.9 million, which is about 0.3% of the portfolio.
• Conversely, holdings in SPDR SERIES TRUST (TIPX) were cut by nearly a quarter (-28.26%) in shares, reducing its value to $2.7 million.

Diversification Across Sectors and ETFs

The fund's holdings are diversified across various sectors primarily through ETF vehicles:

• Over 85% of the portfolio is invested in 'Unknown' sector holdings, which appear to be broad-based or international ETFs.
• A small allocation (~7.8%) was made directly into Technology stocks, with ADVANCED MICRO DEVICES INC (AMD) being the sole individual stock holding at $8.5 million.

In summary, Sonoma Allocations LLC maintained a large portfolio dominated by ETFs as of June 30, 2026. The fund demonstrated significant buying activity in several key ETF positions like EWA and IVZ, while also adding two new small ETF holdings (AVEM and PVAL) and reducing exposure to TIPX.