Wallace Advisory Group Q2 2026 Portfolio Activity: Strategic Shifts in ETF Holdings

On June 30th, 2026, Wallace Advisory Group Llc reported substantial shifts in its portfolio composition. The firm's total assets under management stood at $105,802,837 as of this date.

Prominent Reductions: ETF Downsizing and Stock Sales

The most significant change during the quarter was a sharp reduction in holdings within SPDR Series Trust (BIL), which experienced an 82% decrease (-39.11%) in its position, now accounting for just 4.27% of the portfolio's total value.

Wallace Advisory Group also divested shares from several other trusts and ETFs:

• Wallace's position in SPDR Series Trust (SPDW) was reduced by 35.4%, reflecting a significant exit from this fund.
• The firm sold shares of ISHARES TR (SHYG), which saw its allocation drop by 119.47% (-84%) and now represents only 0.84% of the portfolio.

Major Purchases: New ETF Positions and Selective Stock Acquisitions

This quarter, Wallace Advisory Group significantly expanded its exposure to several new or existing ETFs:

• The firm established a brand-new position in SPDR Series Trust (SPSB), investing $940k with an allocation of 0.28%.
• Wallace made substantial purchases across Franklin Templeton and SPDR Series Trust offerings:
  • Wallace bought shares of FRANKLIN TEMPLETON ETF TR (FLJP), adding $1.56M with a 100% increase in position.
  • The firm significantly increased its holdings in SPDR Series Trust (SPMB) by acquiring shares representing an additional allocation of 0.89%, bringing the total value to nearly $943k.
  • Wallace also acquired a substantial amount of SPDR Series Trust (SPLG), adding over $694k with a position increase exceeding 137% (+65%) in shares and allocation.

  Beyond ETFs, the firm notably added positions to several large-cap stocks:

  • Wallace invested $248k in APPLE INC (AAPL), increasing its stake by over 100% (+11.87%) and boosting the allocation to 2.33%.
  • The firm added a significant position to NVIDIA CORPORATION (NVDA) this quarter, investing $231k with an increase of nearly 65% in shares held and adding 0.4 percentage points to its overall portfolio weighting.

  Other Changes: Holding Count and Sector Dynamics

  The investor's portfolio now holds Wallace's holdings count increased to 132, indicating a dynamic asset base.

  Wallace Advisory Group maintained its focus on specific sectors:

  • The firm's largest sector allocation remains Financial Services at $4.7M (4.48%), followed by Healthcare ($22.2M / 20.98%) and Technology ($14.3M / 13.56%).
  • Energy saw a notable increase in its portfolio allocation to $8.6M (8.09%), while Consumer Defensive remains relatively small at $1.9M.

  The firm also increased its position in VANGUARD BD INDEX FDS (BND) by 100% (+67%) and added a new holding, ULTRAPAR PARTICIPACOES SA (UGP), which is categorized under Energy with a very small allocation of $72k.

  Conclusion: Strategic Portfolio Management

  In summary, Wallace Advisory Group demonstrated active portfolio management in Q2 2026. The firm significantly reduced its exposure to several ETFs while establishing new positions and increasing stakes in notable technology stocks like Apple and NVIDIA.

  The substantial growth seen in certain SPDR Series Trust holdings (SPSB, SPLG) suggests confidence in specific sectors or strategies through ETF vehicles. Conversely, the significant reduction in BIL and other trusts indicates a deliberate shift away from broad market exposure.