Stonecrest Wealth Management Portfolio Update: Q2 2026 Investment Activity
Stonecrest Wealth Management's portfolio saw changes this quarter with notable additions to several ETFs and adjustments in individual stock holdings.
Recent Portfolio Changes
This quarter, Stonecrest Wealth Management demonstrated active investment management by establishing new positions across various sectors. The firm significantly increased its holdings in multiple Exchange-Traded Funds (ETFs), including SEI EXCHANGE TRADED FUNDS (SEIV) and INVESCO EXCHANGE TRADED FD T ETFs (IGPT). These additions suggest confidence in the performance of these funds, which can be explored further at SEIV and IGPT.
The investor also initiated new positions in individual stocks, adding shares to companies like MARVELL TECHNOLOGY INC (MRVL) and BROADCOM INC (AVGO). Furthermore, the portfolio saw substantial growth in holdings of SCHOLAR ROCK HLDG CORP (SRRK), indicating potential interest in this healthcare-focused company.
In contrast to these new investments, Stonecrest Wealth Management reduced its exposure in certain areas. The investor disposed of shares in ASTERA LABS INC (ALAB), a Technology stock that experienced a significant decrease in portfolio allocation this quarter. Additionally, leveraged ETFs like INVESCO EXCHANGE TRADED FD T (PWB) and others saw substantial reductions or exits from the portfolio.
The overall portfolio value stood at $268,939,022 as of June 30th, reflecting these changes. The Technology sector allocation remains a key component but shows signs of rebalancing with notable shifts in specific holdings like NVIDIA (NVDA) and adjustments to other tech stocks such as MARVELL TECHNOLOGY INC (MRVL). Holdings in Communication Services, Healthcare, Consumer Cyclical, and Industrials also saw changes during this period.
Stonecrest Wealth Management's actions indicate a dynamic approach to portfolio management. The establishment of new positions suggests opportunities were identified across different asset classes, while the reduction or exit from specific holdings like ALAB may reflect strategic decisions based on market outlook or performance expectations.