Synergy Asset Management Q2 2026: Major Buys in Financials, Tech Stocks
Synergy Asset Management LLC saw its portfolio value reach $988 million as of June 30th. The fund made significant changes to its holdings during the quarter.
As of June 30th, 2026, Synergy Asset Management, Llc's portfolio has reached a substantial value of $988 million. This filing details observable purchases and sales within their investment strategy for this reporting period. The fund appears to have focused on specific sectors, evidenced by notable changes in individual stock positions.
Prominent Purchases Observed
The most significant buying activity during Q2 2026 involved several key holdings. Shares of BANK OF AMER CORP (BAC) increased by a remarkable 1817.6%, representing one of the largest share purchases in the quarter.
In Healthcare, there was substantial buying pressure on ABBVIE INC (ABBV), with shares rising by over 700% due to a significant increase in holdings. Similarly, another notable purchase occurred in the Financial Services sector with BANK OF AMER CORP (BAC) experiencing an enormous share growth of more than 1800%, although this stock is already covered under Technology.
The Industrial space also saw a major addition via RTX CORPORATION (RTX), which experienced a 100% increase in shares held by the fund. Furthermore, energy sector exposure increased with purchases of DIAMONDBACK ENERGY INC (FANG) and basic materials through MCEWEN INC. (MUX). These significant buys suggest confidence in these specific sectors or companies.
Notable Sales Observed
The investor also divested substantial portions of their portfolio during the quarter, as indicated by large decreases in holdings. The most prominent sale was SPDR SERIES TRUST (BIL), where shares decreased by 82.42% and the position essentially vanished from Synergy's portfolio.
Additionally, there were significant reductions in other holdings like GLD (Gold Shares) and FCVT, although the latter is not listed among top holdings. The fund also saw a decrease in exposure to certain stocks, including BANK OF AMER CORP (BAC) and ALTRIA GROUP INC (MO), the latter experiencing a nearly 80% reduction in shares.
The sale of First Trust Exchange-Traded Fund Shares (GLD) was particularly large, accounting for one of Synergy's exit positions. These sales indicate a strategic shift away from certain assets or sectors.
Overall Portfolio Changes and Allocation
Synergy Asset Management made changes to 239 distinct holdings during the quarter, reflecting an active investment strategy with frequent adjustments. Their portfolio now encompasses holdings across various sectors including Technology, Financial Services, Healthcare, Communication Services, Consumer Cyclical, Industrials, Energy, Utilities, and Basic Materials.
Technology remains a strong sector focus for Synergy, although they recently reduced their position in APPLE INC (AAPL). They also decreased exposure to Communication Services via ALPHABET INC (GOOGL) and Consumer Cyclical through AMAZON COM INC (AMZN). Conversely, they increased their allocation in Healthcare (ABBV), Financial Services (BAC, VISA INC (V)), Industrials (RTX, MUELLER INDS INC (MLI)), and Energy via DIAMONDBACK ENERGY INC (FANG).
The fund also added new ETF positions, including INVESCO EXCH TRADED FD TR II (PCY) and EA SERIES TRUST (BBLU). These additions, alongside the significant reduction in BIL, show a continued diversification approach.
Conclusion: Strategic Shifts in Focus
In summary, Synergy Asset Management's portfolio saw considerable movement during Q2 2026. The investor demonstrated strong buying interest in specific Financial Services and Healthcare stocks like BAC and ABBV, while simultaneously reducing exposure to large-cap Technology names such as MSFT, NVDA, GOOGL, and AMZN.
The decision to sell nearly all of BIL suggests a move away from gold-related investments. The substantial purchase of FANG indicates significant interest in the energy sector during this period. Overall, these changes point towards Synergy's active management style and their strategic focus on certain growth areas while trimming others.
For more detailed information about Synergy Asset Management LLC or to explore specific stock holdings mentioned here, please visit their institutional profile and the respective company pages linked above.