TLWM Portfolio Analysis: Q2 2026 Activity Reveals Strategic Shifts

As of June 30th, 2026, TLWM's portfolio totals $613.18 million, reflecting a quarter marked by strategic adjustments within its holdings.

Persistent Core Holdings

The investor continued to heavily favor broad market exposure and passive strategies during Q2 2026. The SPDR S&P 500 ETF (SPY) maintained its position as the largest holding, accounting for approximately 20.81% of the portfolio value ($127.99 million). Similarly, ISHARES TR (IWV) held steady at around $20.3% allocation ($124.86 million).

Significant Purchases Observed

Tlwm demonstrated activity in building specific positions during the quarter. Notable increases were seen across several holdings, including:

• The SPDR Series Trust (BSCT) saw its shares increase by approximately 2.12%, adding $29.70 million to its value.
• INVESCO Exchange Traded Strategic Index Fund (BSCT's fund code, but allocation data is under BSCR symbol in the provided portfolio_percentage_allocation field) also experienced a significant share growth of about +2.47% in Q2.
• The SPDR Series Trust (BIL), tracking short-term bonds, increased its position by roughly +12.67%, contributing $0.45 million to the portfolio value.
• Globe Life Inc (GL) was added or significantly increased in Q2, boosting its allocation from a small base.

Furthermore, TLWM's filing indicates interest in other individual stocks like Vanguard Admiral Funds Inc. (VOOG), suggesting potential diversification into specific fund categories as well.

New Position Creation and ETF Focus

Tlwm also appears to have created new positions or increased existing ones significantly during Q2 2026:

• Marvell Technology Inc. (MRVL) was exited entirely, representing a notable sale.
• The investor added positions in specific individual stocks like Applied Materials Inc. (AMAT), Carpenter Technology Corp. (CRS), and others not previously highlighted as major holdings.

Additionally, the filing lists "significant_buy_symbols" including CIEN, ETN, GL, IVV, and AMAT, confirming these were likely key additions or increases for TLWM this quarter.

Sector Diversification Activity

The portfolio shows allocations across various sectors. While the majority of value ($548.92 million) is held in "Unknown" sector holdings (likely ETFs and similar instruments), there are specific exposures noted:

• Technology: Representing approximately $22.83 million, or about +3.72% allocation.
• Financial Services: Holding around $12.44 million (or ~+2.03%).
• Industrials: Including positions worth roughly $5.99 million (~+0.98%).

The investor's focus seems to be on broad market exposure via ETFs, complemented by targeted individual stock holdings across different sectors.