iShares 0-3 Month Treasury Bond ETF (SGOV) fell to 7.39% of Norbert Lou's Punch Card Management portfolio in 2026 Q2, from 17.11%, according to the 13F-HR filed with the SEC on August 14, 2026. The share count dropped 59% to 188K shares, and the position is worth about $18.9M and ranks 5th of 5 stocks by weight.
What did the 2026 Q2 filing report for SGOV?
As of June 30, 2026, from the 13F-HR filed August 14, 2026.
| Before | After | |
|---|---|---|
| Shares | 460K | 188K |
| Shares sold | -272K (59%) | |
| Reported value | $46.3M | $18.9M |
| Portfolio weight | 17.11% | 7.39% |
| Rank in portfolio | 5th of 5 |
How much did Norbert Lou cut SGOV?
Norbert Lou sold 272K shares of SGOV during 2026 Q2, cutting the stake from 460K to 188K. The reported value of the position fell by about $27.4M, from about $46.3M to about $18.9M.
Where does SGOV sit in the Norbert Lou portfolio?
SGOV ranks 5th of 5 stock positions in the Norbert Lou portfolio at 7.39%, below the fund's average stock position of 20%. The SGOV cut was the largest of the quarter's 2 position changes by percent change to portfolio. The largest stock position is BRK-A at 42.42%. Next come CROX at 27.2% and PDD at 12.37%. The three largest stocks together are 82% of the book. Across the 2026 Q2 portfolio, Norbert Lou reported 5 stock positions, with no position opened or closed. The total portfolio value is about $256M, down 5% from the prior quarter.
How long has Norbert Lou held SGOV?
Norbert Lou first reported SGOV in the quarter ended September 30, 2023. The weight peaked at 27% in 2025 Q1. This is the second straight quarter of cuts. Last quarter the fund trimmed it by 19%. Every reported trade is on the Norbert Lou SGOV trade history page.
Did other funds buy or sell SGOV in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of August 14, 2026, 2 hold SGOV. Of those, 1 trimmed the position this quarter and none added. The largest sellers were Polen Capital Management and Christopher Bloomstran. Every tracked holder of SGOV is on the SGOV ownership page.
FAQ
How many SGOV shares did Norbert Lou sell in 2026 Q2?
Norbert Lou sold 272K shares of SGOV, 59% of the position, leaving 188K shares.
What remains of the SGOV position of Norbert Lou?
Norbert Lou still holds 188K shares of SGOV, worth about $18.9M at June 30, 2026 prices.
How much of the Norbert Lou portfolio is SGOV now?
SGOV is 7.39% of the Norbert Lou portfolio, down from 17.11% a quarter earlier.
Did other funds trim SGOV in 2026 Q2?
Among the 2 other tracked funds that hold SGOV, 1 trimmed it in 2026 Q2 and none added to it.