USAA Portfolio Analysis: Significant Bond Buys in Q2 2026

According to insider filings from United Services Automobile Association, substantial changes occurred in its portfolio during the second quarter of 2026. The total portfolio value remained stable at $1,239,757,764.

The most notable change was a significant increase in shares held for iShares Core U.S. Aggregate Bond ETF (AGG). The fund saw its share count rise by 3,545,303 units and its value increased by approximately $3.5 million, representing a portfolio percentage allocation increase from the previous period.

Additionally, USAA established a new position in iShares Core S&P 500 ETF (IVV), acquiring all shares at once as evidenced by the change_percent_from_prior_period jumping to 100.0%. This suggests a strategic decision to add exposure to broad market equities.

Furthermore, there was a substantial increase in Vanguard Short-Term Bond ETF (BSV), with share growth of 52.29%, adding $74,781 worth of shares.

While the investor maintained its top holdings like AGG and VOO, other significant changes occurred. The allocation for Vanguard Total Bond Market ETF (BND) slightly increased by 6.76%, adding $1,364,000 worth of shares.

The portfolio also saw adjustments in other areas: Vanguard Long-Term Corporate Bond ETF (VCLT) and iShares TIPS Bond ETF (TIP) showed modest increases, while Vanguard Extended Market ETF (VXF) experienced a small decrease.

The sector allocation data indicates that virtually all holdings ($1,239,527,558 or 99.98%) are categorized as "Unknown," with minor allocations to Healthcare stocks totaling $0.2 million (0.02%). This lack of detailed sector information is noted in the filings.