Valicenti Advisory Services Inc: Portfolio Changes in Q2 2026

Valicenti Advisory Services Inc's portfolio underwent notable changes in Q2 2026. The firm demonstrated a pattern focused on adding exposure to large-cap US stocks and ETFs while also managing some existing positions.

Prominent Purchases This Quarter

The most significant buying activity involved several prominent US-listed equities:

• MGK (Vanguard Mega Cap Growth Index) saw a massive increase of over 408% in its position, indicating strong confidence in this fund.
• The firm initiated or significantly increased its stake in BMY (Bristol Myers Squibb Co), adding shares equivalent to a brand new holding with no prior position disclosed, now representing approximately 1.04% of the portfolio.
• MCD (McDonald's Corp) experienced substantial growth, increasing its holdings by nearly 96%, suggesting renewed interest in this consumer staple company.
• The firm also added a new position with the small-cap ETF DJIA (Global X Dow 30 Covered Call ETF), starting from scratch to account for about 0.04% of assets.

Ongoing Concentrations and Adjustments in Technology Sector

The investor maintained a strong focus on the SCHWAB US LARGE-CAP ETF (SCHX), increasing its position by 1.43% through share additions, though this is common portfolio turnover for large-cap holdings.

Within the Technology sector, which holds about $286 million worth of stock (5.4% allocation), Valicenti adjusted its positions:

• GLW (Corning Inc) saw a decrease, but the Technology sector overall remains significant.
• The firm also held or slightly increased its position in several other Technology holdings like ZS (Zscaler Inc), though specific changes weren't highlighted beyond those listed under changed_holdings.

Ongoing Interest in ETFs and Broader Sectors

The investor continued to build on its allocation of broad market exposure through the SCHWAB US BROAD MARKET ETF (SCHB), increasing shares by 1.29%.

Additionally, interest in quality factors was maintained via the JPMORGAN U.S. QUALITY FACTOR ETF (JQUA), which saw a modest increase of about 1.39%.

No Disclosed Large-Scale Sells

According to the available data, Valicenti Advisory Services Inc did not engage in any large-scale selling activities during this quarter that resulted in significant exits or reductions across major sectors.

Diversification Across Various Sectors

The portfolio includes positions across multiple sectors including:

• SCHWAB INTERNATIONAL EQUITY ETF (SCHF) for international exposure.
• NFLX (Netflix Inc) despite a small allocation of just under 0.7%.
• IAI (iShares US Broker-Dealers SECurities Exchange ETF), showing moderate growth.
• ROL (Rollins Inc) with a small but positive change.

The investor also holds positions in other sectors like Consumer Cyclical, Communication Services, and Healthcare, though the exact changes weren't detailed beyond those listed under changed_holdings.