Spectrum Asset Management Inc Nb Ca Investment Activity Analysis: Q2 2026 Portfolio Changes
A detailed look at Spectrum Asset Management Inc Nb Ca's portfolio adjustments during the second quarter of 2026, highlighting key purchases and sales.
As part of its ongoing investment strategy for the period ending June 30th, 2026 (Q2), Spectrum Asset Management Inc Nb Ca made several notable changes to its portfolio holdings. The total value of the fund stood at $353,136,749 during this quarter.
\nProminent Holdings and Their Weighting
The investor's largest position by weight was WELLS FARGO & CO (WFC), representing 9.34% of the total portfolio value, with a significant decrease in shares held (-7500 or -1.81%) compared to the previous quarter.
Key Purchases This Quarter
Spectrum Asset Management Inc Nb Ca demonstrated substantial buying activity during Q2 2026. The fund significantly increased its position in several Exchange-Traded Funds (ETFs) and other funds, including:
- INVESCO EXCHANGE TRADED FD T (RSP), which saw a massive 68.29% increase in its portfolio allocation.
- FIRST TR EXCHNG TRADED FD VI (DMAY), where the fund added over 102,000 shares, boosting its allocation by a full percentage point.
- ISHARES TR (LQD), experiencing a 100% increase in holdings as the fund acquired all existing shares.
- FIRST TR EXCHNG TRADED FD VI (DJUN), seeing its allocation jump by 1.26 percentage points, coinciding with a 100% share increase.
- ISHARES TR (SGOV), which the fund bought entirely new shares for, increasing its allocation by 1.21 percentage points.
- ISHARES INC (EMXC), acquired with a corresponding increase in portfolio weighting of 1.17%.
Significant Sales and Reallocation
In contrast to the buying activity, the investor also recorded notable sales during Q2 2026:
- MEDTRONIC PLC (MDT), a stock holding with a small allocation of just $473,000 or 0.13% in the portfolio, was completely sold off (-83.47%).
- There were also substantial reductions in other ETFs like SCHWAB STRATEGIC TR (SCHV), which experienced a 10.47% decrease in its portfolio allocation.
Portfolio Allocation Shifts
The changes resulted in shifts across the investor's sector allocations for Q2 2026:
- Financial Services: The position of Wells Fargo (WFC), a key holding in this sector, decreased slightly.
- No such activity is disclosed in this filing. for other sectors like Healthcare and Technology that saw changes but were not highlighted as top holdings by weight or listed separately in changed_holdings data.
Overall Portfolio Dynamics
The portfolio contained 107 individual holdings, with the largest ten accounting for approximately 32.17% of its total value (as indicated by top5_weight_pct). The fund's activities included both large purchases and large sales during this quarter, reflecting a dynamic investment approach focused on specific asset classes like ETFs.