Tower Trust & Investment Co Portfolio Changes Q2 2026
Tower Trust & Investment Co's portfolio saw notable shifts in the second quarter of 2026, with adjustments primarily concentrated within Technology and Financial Services sectors.
As reported by Tower Trust & Investment Co, the portfolio held as of June 30, 2026, reflects several changes compared to the previous quarter. The total portfolio value stood at $163,871,075.
Technology Sector Adjustments
The Technology sector experienced significant activity during this period. Notably, KLA-TENCOR CORP (KLAC) saw a substantial increase in its position with 6,654 more shares added, representing an 829% change. Similarly, the Vanguard Mid-Cap ETF (VO) was significantly increased by adding 8,485 shares, a 279% jump.
Conversely, several Technology holdings were reduced. SERVICE NOW INC (NOW) lost nearly all its position due to a -98.83% change in shares (-4,892 shares). CISCO SYSTEMS INC (CSCO) also saw a significant reduction of 19.12%, equivalent to -3,236 shares.
Communication Services and Consumer Cyclicals
In the Communication Services sector, META PLATFORMS INC (META), holding a 2.78% allocation, experienced a slight decrease of -0.9%. The SPDR S&P GLOBAL INFRASTRUCTURE ETF (GII) maintained its position but saw a small reduction (-3,948 shares) resulting in an overall -2.06% change.
Within Consumer Cyclical holdings, AMAZON COM INC (AMZN) experienced a modest reduction of 1.56%, equivalent to -374 shares, and its allocation decreased slightly from the prior period.
Financial Services Activity
The Financial Services sector also showed changes. JPMORGAN CHASE & CO (JPM), a key holding at 450,843 shares ($4,508,439), saw its position reduced by -3.97%. Similarly, MARSH & MCLENNAN COMPANY INC (MMC) experienced a large reduction of 79.61% (-3,233 shares) and its allocation dropped to nearly zero.
In contrast, KKR & COMPANY INC (KKR) was sold off by 25.91% (-2,547 shares), leading to a reduced allocation of just 0.41%. No purchases were explicitly disclosed for Financial Services this quarter.
Healthcare and Industrials
The Healthcare sector saw PFIZER INC (PFE)'s position reduced by -12.62% (-2,740 shares), impacting its allocation percentage.
In the Industrials sector, EMERSON ELECTRIC CO (EMR) experienced a reduction of -36.44% (-4,686 shares), affecting its allocation.
Miscellaneous and ETF Holdings
The portfolio also included other asset classes like Bonds (VANGUARD B TOTAL BOND (BND)) which saw an increase of 21.05% (+2,463 shares). Additionally, there were changes in the allocation percentages for sectors like Consumer Defensive (-15.4%), Energy (-79.61%), and Utilities (-83.7%) due to sales or reductions across their respective holdings.
Furthermore, TRUMP MEDIA TECHNOLOGY GROUP (DJT) was added back with a 100% increase in shares (+2,137), while the holding for ISHARES INC CORE MSCI EMKT (IEMG) also increased by +35.93%. The Technology sector allocation percentage saw a notable increase due to these large buys, while the Communication Services and Consumer Cyclical sectors experienced slight reductions.