Trunorth Capital Management Q2 Portfolio Changes: Focus on Schwab and Dimensional ETFs
Trunorth Capital Management's portfolio saw significant shifts in the second quarter of 2026, with notable increases in holdings like SCHB, SCHF, SCHO, HDV, and QQQ.
As of June 30th, 2026, Trunorth Capital Management, Llc's portfolio reflected substantial changes during the second quarter. The total value remained at $622 million.
The investor demonstrated a clear preference for strategic and Dimensional funds, significantly increasing positions in several Schwab ETF Trust holdings:
- SCHB (Schwab Strategic Trust) increased its share count by approximately 438,500 units (+4.58%), now representing a substantial 25.35% of the portfolio.
- SCHF (Schwab Fundamental Index Equal Weight ETF) added about 175,681 shares (+7.95%) to its position, boosting it to $66 million and an allocation of 10.61%.
- SCHO (Schwab Strategic Trust ETF - Opps) saw a significant increase with about 147,440 more shares (+7.51%), now valued at $51 million and accounting for 8.19% of the assets.
- SCHWAB STRATEGIC TR holdings overall increased, with specific examples being SCHB (+238k shares), SCHF (+175k shares), SCHO (+147k shares) and FNDX (+60k shares).
- SCHZ (Schwab Strategic Trust ETF - Intl) also increased its share count by about 42,225 units (+3.26%), now valued at $31 million.
Additionally, the investor bolstered their exposure to specific Dimensional funds:
- DFCF (Dimensional Fund ETF Trust - Core) increased its share count by about 99,077 units (+15.62%), now valued at $31 million.
- DFLV (Dimensional Fund ETF Trust - Liquid) was added to the portfolio with a full quarter's worth of shares purchased in June, increasing its position by 100% and representing just $1.25 million or 0.2% allocation.
- DFGP (Dimensional Fund ETF Trust - Growth) saw an increase of about 21,565 shares (+7.8%), now valued at $16 million and accounting for 2.61%.
The most dramatic change involved ISHARES ETFs:
- HDV (iShares Core Dividend Yield ETF) experienced a massive increase, adding approximately 73,948 shares (+400%) during the quarter. This single holding now accounts for $2.5 million or just 0.41% of the portfolio.
- ITOT (iShares Core S&P Total U.S. Stock Market ETF) also increased its share count by about 9,483 units (+6.37%), now valued at $26 million and accounting for 4.18%.
The investor further diversified into other trusts:
- FNDX (Schwab Fundamental Index Equal Weight Small-Cap ETF) increased its position by about $2 million, adding roughly 60,357 shares (+6.79%) during the quarter.
- SCHWAB STRATEGIC TR's SCHB and SCHF also saw significant share growth in this period.
- The investor added a position in SPDR SERIES TRUST ETFs (TFI) which now accounts for $705,443 or about 1.13% of the portfolio.
- SCHWAB STRATEGIC TR's SCHE increased by about $800k, adding roughly 47,289 shares (+10.52%) during the quarter.
Conversely, there was one notable reduction in a Dimensional fund:
- DFAC (Dimensional Fund ETF Trust - Active) decreased its share count by about $50k, subtracting roughly 12,071 shares (-27.59%), now valued at just $1.4 million or accounting for a small fraction of the portfolio.
In summary, Trunorth Capital Management's Q2 activity highlights strong interest in large-cap focused ETFs like SCHB and SCHF, as well as Dimensional funds (DFCF, DFLV, DFGP). The addition of HDV suggests a tactical tilt towards dividend income. For detailed data on these holdings, please refer to the official filing.