Osaic Holdings 13F Portfolio

The biggest buys cluster around one simple idea: make the book behave even more like the S&P 500 and Nasdaq 100, then layer on the names already winning inside those indices.

On the index side, they pushed hard into IVV, SPY, and VOO, alongside QQQ and QQQM. That combination expands both core U.S. beta and explicit large-cap growth exposure, while VTI and RSP add a total-market and equal-weight S&P angle so the portfolio doesn’t become a pure mega-cap monoculture.

Within single names, the adds are unapologetically pro-status-quo. AAPL, MSFT, NVDA, AVGO, and Alphabet all saw share counts rise, with Apple now at 2.97% of the book and Nvidia at 2.16%. These are not averaging-down trades: AAPL is up over 100% versus Osaic’s cost, and NVDA sits more than 300% above the fund’s average buy price, yet they are still adding.

The same pattern holds in high-momentum health care and discretionary: LLY, TSLA, and COST were all increased, even with sizeable gains versus cost on the tape. FENI and QQQM — both growth-heavy ETFs — saw especially aggressive builds, with FENI’s shares up 77.0% and QQQM up 45.9%, signaling a preference to express incremental growth risk via scalable vehicles rather than new single-stock bets.

The sell discipline this quarter looks more like portfolio housekeeping than an attempt to change the narrative of the book, but the choices are telling.

On the ETF side, the most meaningful trim is SCHV, where shares are down 21.0%. That’s a classic large-cap value sleeve being tapped as a funding source for the growth-heavy builds in IVV, QQQM, and FENI. XLK, the technology sector SPDR, is also slightly reduced, a subtle shift away from sector boxes toward broader index wrappers that already embed tech at high weights.

In single names, the notable trims are profit-taking. Micron, with a staggering +866.2% gain versus Osaic’s average cost, saw shares cut by 5.5%, and Exxon Mobil — up 86.0% versus cost — was reduced by 9.1%. These moves don’t read as fundamental downgrades; they look like harvesting outsized winners on the periphery to fund higher-conviction, index-aligned exposures.

Elsewhere, there’s little evidence of panic or capitulation. Even modest reductions — like the small cut in XLK — are incremental and offset by increases in overlapping growth ETFs. The net message: trim the satellites, not the core, and use realized gains from cyclical winners to reinforce the growth-centric center of gravity.

On the surface, sector weights barely budged: technology slipped from 28.2% to 27.5%, consumer discretionary edged down, and health care ticked up from 1.38% to 1.45%. Underneath that stability, the real change is in how they package those sector views.

Technology exposure is migrating away from narrow sector ETFs and idiosyncratic chip bets toward mega-cap platforms and Nasdaq-linked vehicles. Trimming MU and XLK while adding to AAPL, MSFT, NVDA, AVGO, QQQ, and QQQM keeps tech weight almost flat but makes it more benchmark-like and less dependent on single high-volatility names.

Energy is where there is unambiguous de-risking: XOM’s trim helps pull the sector from 1.14% to 0.94%, a meaningful step down for a one-stock sleeve. Financials and industrials are largely steady, with modest adds to JPM, TSLA, and CAT but no attempt to make them new drivers of performance.

Defensives are being nudged, not rebuilt. Health care crept up via LLY, while gold exposure via GLD and cash-like SGOV both increased. The result is a portfolio still dominated by U.S. growth equities, but with slightly more ballast and slightly less exposure to old-economy and deep-value segments.

Taken together, Osaic’s 2026-Q2 moves say they are not trying to outsmart the current market leadership — they are trying to scale it, systematize it, and put guardrails around it.

Building up IVV, SPY, VOO, QQQ, QQQM, FENI, and growth-focused ETFs like VUG and SPYG pulls more of the book into liquid, low-friction vehicles closely tied to the flagship U.S. indices. Layering incremental AAPL, MSFT, NVDA, Alphabet, LLY, TSLA, and COST on top makes clear they see the “quality growth and AI” regime as durable rather than frothy.

At the same time, trimming XOM, MU, SCHV, and XLK shows a willingness to recycle gains from more cyclical or factor-constrained exposures back into that core. The small but real increases in GLD, SGOV, VTV, and dividend/value ETFs like CGDV and SCHD add a sleeve of income and defensiveness without challenging the primacy of growth.

Going forward, expect Osaic’s 13F to look even more like a barbell built around large, rules-based U.S. equity and growth mandates, with a shrinking role for sector one-offs and deep value. As long as their three-year, 20.33% annualized performance holds up, there is little in this quarter’s moves that suggests they plan to fight the benchmark — they intend to ride it, with a controlled amount of offense and a carefully curated amount of defense.