Confluence Investment Management’s Global X Defense Tech ETF SHLD Stock Holding History

Confluence Investment Management’s Portfolio SHLD Stock Details SHLD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$15.7M	Buy	262,921 +139,645	+113%	+$9.29M	0.25%	94
2026 Q1	$8.73M	Sell	123,276 -8,162	-6%	-$608K	0.14%	105
2025 Q4	$8.52M	Sell	131,438 -1,785	-1%	-$118K	0.13%	111
2025 Q3	$9.36M	Sell	133,223 -27,536	-17%	-$1.73M	0.13%	112
2025 Q2	$9.69M	Sell	160,759 -58,611	-27%	-$3.15M	0.14%	111
2025 Q1	$10.2M	Buy	+219,370	New	+$9.29M	0.15%	106

Other funds holding SHLD

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

HIIFS

Harel Insurance Investments & Financial Services Ramat Gan, Israel $20.6B AUM 59.59% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong $83.9B AUM 60.43% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $424B AUM 22.96% 1-Year Est. Return

Raymond James Financial St Petersburg, Florida $369B AUM 28.27% 1-Year Est. Return

OIA

OneDigital Investment Advisors Overland Park, Kansas $11.8B AUM 21.23% 1-Year Est. Return

Confluence Investment Management's SHLD Position: Q2 2026 in Review

Confluence Investment Management increased its Global X Defense Tech ETF (SHLD) stake by 113% in Q2 2026, buying an estimated $9.29M and bringing the position to 262,921 shares worth $15.7M. The position accounts for 0.25% of the portfolio, ranked #94.

Confluence Investment Management first reported a position in SHLD in Q1 2025 and has held it in 6 quarters since. 607 funds tracked by Wall St. Rank hold SHLD as of Q2 2026.

Confluence Investment Management held 262,921 shares of Global X Defense Tech ETF worth $15.7M as of Q2 2026.
Confluence Investment Management bought 139,645 Global X Defense Tech ETF shares in Q2 2026, an estimated $9.29M.
Global X Defense Tech ETF made up 0.25% of Confluence Investment Management's portfolio in Q2 2026, its #94 holding.
Confluence Investment Management first reported a position in Global X Defense Tech ETF in Q1 2025 and has held it in 6 quarters since.
607 funds tracked by Wall St. Rank held Global X Defense Tech ETF as of Q2 2026.

Based on Confluence Investment Management's 13F filing for Q2 2026, filed 1 Jul 2026.