DOSSIER · 13F-HR · Q2 2026

Portside Wealth Group, LLC

$858M in tracked AUM across 1,011 positions as of Q2 2026.

PW
CIK 0001978608 · last filed Jun 30, 2026
Total AUM
$858M
as of Q2 2026
Holdings
1,011
positions
Whale Score
45
45
tracked
Activity
no data
changes this Q
AI Analysis · Q2 2026

Portside Wealth Group, LLC's $738M 13F for Q1 2026 reveals a manager quietly de-risking — the book's largest position, the short-term Treasury ETF BIL, jumped 50% in share count to become a 6.7% portfolio weight, absorbing roughly $16.6M in new capital. That rotation came at the expense of some previously favored growth and international exposures: MSFT was trimmed by a third of its prior-quarter share count (shedding roughly $6.8M in value), SPEM (iShares MSCI Emerging Markets) was cut 43% to under 1% of the portfolio, and AMZN was reduced by a fifth despite sitting as the fifth-largest position just three months earlier. The offset wasn't entirely defensive — Portside initiated new concentrated sleeves in RTX, XOM, and SHEL, adding aerospace and energy names that now sit between 0.5% and 0.6% of the book each. With 916 holdings spread across roughly 24% ETF wrappers and the rest in single-name equity, the structure reads as a diversified core-plus-sleeves approach, but the Q1 delta makes clear the sleeves tilted toward capital preservation and energy/defense names while tech and emerging markets got smaller.

The most telling move was a 50% surge in shares of BIL, the SPDR short-term Treasury ETF, which vaulted to the top of the portfolio at 6.7% of AUM. The $16.6M net inflow into BIL is the single largest capital deployment in the filing and reads as a deliberate duration and liquidity play: a manager expecting near-term rate or equity volatility building a buffer that still earns carry. It also compressed BIL's positioning relative to the rest of the book — the next-largest individual positions (NVDA at 3.1%, MSFT at 2.1%, AAPL at 1.8%) all sit at roughly half BIL's weight.

That reallocation came out of two distinct areas. Within large-cap tech, MSFT was the sharpest cut — share count fell from 46,450 to 42,224, a 9.1% reduction that shaved roughly $6.8M in portfolio value. Even at the reduced size, MSFT remains the portfolio's largest single-name tech stake, suggesting the manager is lightening, not exing. At the same time, three previously established positions were meaningfully trimmed: AMZN shed 21% of its shares (down roughly $5.1M), ORCL gave back 27% (~$4.7M), and LLY was reduced by a quarter (~$3.1M). The pattern across these cuts is concentrated downside exposure reduction in names that had built up momentum through 2025.

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
BIL
SPDR SERIES TRUST
$46M497K5.3%
02
SPYG
SPDR SERIES TRUST
$28M233K3.2%
03
NVDA
NVIDIA CORPORATION
$28M138K3.2%
04
SPDW
SPDR INDEX SHS FDS
$21M418K2.5%
05
GOOGL
ALPHABET INC
$17M49K2.0%
06
MSFT
MICROSOFT CORP
$16M44K1.9%
07
AAPL
APPLE INC
$16M56K1.9%
08
SPYV
SPDR SERIES TRUST
$16M256K1.8%
09
AMZN
AMAZON COM INC
$15M62K1.7%
10
TSLA
TESLA INC
$11M26K1.3%

Filing history

2026Q2Jun 30
$858M 16.3%
1,011 positionsView →
2026Q1Mar 31
$738M 0.7%
916 positionsView →
2025Q4Dec 31
$744M 2.5%
903 positionsView →
2025Q3Sep 30
$726M 7.5%
939 positionsView →
2025Q2Jun 30
$675M 11.7%
866 positionsLocked
2025Q1Mar 31
$604M 4.5%
468 positionsLocked
2024Q4Dec 31
$578M 1.3%
1,237 positionsLocked
2024Q3Sep 30
$586M 11.7%
1,063 positionsLocked
2024Q2Jun 30
$524M 3.0%
364 positionsLocked
2024Q1Mar 31
$541M 0.7%
365 positionsLocked
2023Q4Dec 31
$537M 1.0%
355 positionsLocked
2023Q3Sep 30
$531M 97.7%
358 positionsLocked
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