Sumitomo Mitsui Financial Group portfolio

What changed this quarter

164 positions with a change (33 new, 54 added to, 53 trimmed, 24 sold); also, 1 exited through an acquisition or merger. 5 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Invesco QQQ Trust Series 1 ETF+108%more sharesIncreased
  2.1% → 5.3%
• Jefferies Financial Group−30%fewer sharesReduced
  7.8% → 6.1%
• State Street Materials Select Sector ETF+205,734%more sharesIncreased
  under 0.1% → 2.4%
• iShares Semiconductor ETF−83%fewer sharesReduced
  1.4% → 0.4%
• State Str Spdr DOW Jones IND−1.1 ppof portfolioSold out
  1.2% → —

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• ARES ManagementARES28.4%
• State Str Spdr S&P 500 ETF TSPY10.9%
• Jefferies Financial GroupJEF6.1%
• Invesco QQQ Trust Series 1 ETFQQQ5.3%
• SPDR Gold Shares ETFGLD4.3%
• Polestar Automotive Holding UKPSNY3.7%
• iShares Core U.s. Aggregate ETFAGG2.5%
• State Street Materials Select Sector ETFXLB2.4%
• CME GroupCME2.0%
• NVIDIANVDA1.8%
• Ishares TrLQD1.8%
• AlphabetGOOG1.7%
• BroadcomAVGO1.7%
• Arista NetworksANET1.6%
• iShares 7-10 Year Treasury B ETFIEF1.6%
• BlockXYZ1.3%
• Ishares TrHYG1.2%
• iShares 1-5y INV Grade ETFIGSB1.0%
• Amazon.comAMZN1.0%
• State Street SPDR BB St HI Yield ETFSJNK1.0%
• GE AerospaceGE0.9%
• JPMorgan ChaseJPM0.9%
• MicrosoftMSFT0.9%
• Meta PlatformsMETA0.9%
• AmphenolAPH0.9%
• iShares MBS ETFMBB0.8%
• iShares Preferred & Income S ETFPFF0.8%
• W.W. GraingerGWW0.6%
• American ExpressAXP0.6%
• Vanguard Info Tech ETFVGT0.6%
• D.R. HortonDHI0.6%
• First SolarFSLR0.6%
• AmgenAMGN0.6%
• Coca-ColaKO0.5%
• iShares 20+ Year Treasury BD ETFTLT0.5%
• NewmontNEM0.5%
• BlackRockBLK0.5%
• iShares Semiconductor ETFSOXX0.4%
• Boston ScientificBSX0.3%
• Invesco Taxable Municipal BO ETFBAB0.3%
• iShares 0-1 Year Treasury BO ETFSHV0.3%
• IntuitINTU0.3%
• iShares US Treasury Bond ETFGOVT0.3%
• QualcommQCOM0.3%
• iShares US Real Estate ETFIYR0.2%
• Vanguard S&P 500 ETFVOO0.2%
• iShares 1-3 Year Treasury BO ETFSHY0.2%
• Costco WholesaleCOST0.2%
• Select Sector Spdr TrXLP0.2%
• ULTA BeautyULTA0.2%
• Cisco SystemsCSCO0.2%
• Vanguard S/t Corp Bond ETFVCSH0.2%
• iShares Tips Bond ETFTIP0.2%
• iShares Msci Emerging Market ETFEEM0.1%
• St SR UTL SL SE SPDR ETF-usd ETFXLU0.1%
• iShares 0-3 Month Treasury B ETFSGOV0.1%
• Texas InstrumentsTXN0.1%
• Vanguard Long-term Corp Bond ETFVCLT0.1%
• iShares Msci India ETFINDA0.1%
• Ralph LaurenRL0.1%
• First Trust Nasdaq Cybersecu ETFCIBR0.1%
• Ssga Active TrALLW0.1%
• iShares 3-7 Year Treasury BO ETFIEI0.1%
• Vanguard Int-term Corporate ETFVCIT0.1%
• PfizerPFE0.1%
• Bank of New York MellonBNY0.1%
• Home DepotHD0.1%
• iShares Expanded Tech-softwa ETFIGV0.1%
• State Street SPDR S&P Dividend ETFSDY0.1%
• PepsicoPEP0.1%
• Procter & GamblePG0.1%
• Schwab US DVD Equity ETFSCHD0.1%
• iShares U.s. Energy ETFIYE0.1%
• Celsius HoldingsCELH0.1%
• iShares Global Reit ETFREET0.1%
• Bristol-myers SquibbBMYunder 0.1%
• First Trust Cloud Computing ETFSKYYunder 0.1%
• iShares JP Morgan USD Emergi ETFEMBunder 0.1%
• Vaneck ETF TrustGDXunder 0.1%
• iShares U.s. Medical Devices ETFIHIunder 0.1%
• Omnicom GroupOMCunder 0.1%
• Vanguard International Equity Index FVTunder 0.1%
• At&tTunder 0.1%
• Marvell TechnologyMRVLunder 0.1%
• Vanguard Real Estate ETFVNQunder 0.1%
• IsharesIEMGunder 0.1%
• State Street SPDR S&P Biotech ETFXBIunder 0.1%
• Global X Robotics & Artifici ETFBOTZunder 0.1%
• Exchange Traded Concepts TRUROBOunder 0.1%
• Vanguard Health Care ETFVHTunder 0.1%
• Vanguard Consumer Discre ETFVCRunder 0.1%
• Verizon CommunicationsVZunder 0.1%
• State Street Comm Select Sector SPDR ETFXLCunder 0.1%
• SyscoSYYunder 0.1%
• WisdomTree Cloud Computing ETFWCLDunder 0.1%
• iShares Biotechnology ETFIBBunder 0.1%
• Kimberly ClarkKMBunder 0.1%
• iShares Select Dividend ETFDVYunder 0.1%
• Lam ResearchLRCXunder 0.1%
• NetflixNFLXunder 0.1%