AI Analysis · Q2 2026

In contrast to the tech-heavy accumulation of prior quarters, Securian Asset Management pivoted sharply toward dividend value in Q2 2026 by quadrupling its iShares Select Dividend ETF position. The $2.78 billion institutional manager added 2.85 million shares of HDV ($80.7M flow) while making light share trims across Nvidia, Apple, and Microsoft.

Quarter at a glance — Q2 2026

Dividend Value Pivot: iShares Select Dividend ETF (HDV) was increased by 400.0%, reaching 3.57 million shares ($100.8M total value). Vanguard S&amp;P 500 ETF (VOO) was also added to (+$2.03M flow).
Mega-Cap Tech Trimming: Light profit harvesting occurred across mega-cap tech leaders, including Nvidia (-2.4% shares), Apple (-2.0% shares), and Microsoft (-2.0% shares).
Major Liquidations: The firm completely exited Exxon Mobil ($19.2M prior value) and Netflix ($11.0M prior value).

Top 10 holdings

Filing history