Abner Herrman & Brock portfolio

What changed this quarter

80 positions with a change (15 new, 27 added to, 31 trimmed, 7 sold). 7 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Netflix−97%fewer sharesReduced
  1.6% → under 0.1%
• General Dynamics+1.5 ppof portfolioNew
  — → 1.5%
• Oracle−1.5 ppof portfolioSold out
  1.5% → —
• Northrop Grumman+1.2 ppof portfolioNew
  — → 1.3%
• McDONALD’S−98%fewer sharesReduced
  1.4% → under 0.1%
• Intuitive Surgical−0.8 ppof portfolioSold out
  0.8% → —
• Dell Technologies−8.8%fewer sharesReduced
  6.2% → 7.2%

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

• NVIDIANVDA8.4%
• Dell TechnologiesDELL7.2%
• Advanced Micro DevicesAMD7.1%
• AlphabetGOOG · GOOGL4.4%
• AppleAAPL4.4%
• MicrosoftMSFT3.9%
• Amazon.comAMZN3.5%
• JPMorgan ChaseJPM3.4%
• International Business MachinesIBM3.0%
• Eli LillyLLY3.0%
• MerckMRK2.8%
• Meta PlatformsMETA2.8%
• Morgan StanleyMS2.6%
• BoeingBA2.3%
• MastercardMA2.0%
• Johnson & JohnsonJNJ2.0%
• American ExpressAXP2.0%
• Exxon MobilXOM1.9%
• Marriott InternationalMAR1.9%
• ChubbCB1.9%
• WalmartWMT1.9%
• TeslaTSLA1.9%
• ChevronCVX1.8%
• RTXRTX1.7%
• General DynamicsGD1.5%
• Wells FargoWFC1.4%
• Verizon CommunicationsVZ1.4%
• AonAON1.3%
• Northrop GrummanNOC1.3%
• Quanta ServicesPWR1.2%
• Emerson ElectricEMR1.2%
• Taiwan Semiconductor ManufacturingTSM1.2%
• American International GroupAIG1.2%
• CitigroupC1.1%
• Home DepotHD1.0%
• StrykerSYK0.9%
• State Str Spdr S&P 500 ETF TSPY0.8%
• Bank of New York MellonBNY0.8%
• Royal Caribbean CruisesRCL0.7%
• Hilton Worldwide HoldingsHLT0.5%
• GE AerospaceGE0.4%
• Lockheed MartinLMT0.4%
• AmgenAMGN0.3%
• DeereDE0.2%
• BroadcomAVGO0.2%
• AllstateALL0.1%
• PepsicoPEP0.1%
• Procter & GamblePG0.1%
• EatonETN0.1%
• Travelers CompaniesTRV0.1%
• Phillips 66PSX0.1%
• iShares S&P 100 ETFOEF0.1%
• iShares Core S&P 500 ETFIVV0.1%
• Goldman Sachs GroupGS0.1%
• AbbVieABBV0.1%
• Air Products and ChemicalsAPD0.1%
• Ishares TrIUSB0.1%
• Berkshire HathawayBRK/B0.1%
• CaterpillarCAT0.1%
• Energy TransferET0.1%
• Citizens Financial GroupCFG0.1%
• 3mMMM0.1%
• Cisco SystemsCSCO0.1%
• Dorian LPGLPG0.1%
• Edwards LifesciencesEW0.1%
• Realty IncomeO0.1%
• Hartford Insurance GroupHIG0.1%
• ConocoPhillipsCOPunder 0.1%
• Costco WholesaleCOSTunder 0.1%
• iShares Russell 1000 Growth ETFIWFunder 0.1%
• Old Republic InternationalORIunder 0.1%
• Union PacificUNPunder 0.1%
• Globe LifeGLunder 0.1%
• Public Service Enterprise GroupPEGunder 0.1%
• STE Str SPDR PT S&P 500 ETFSPYMunder 0.1%
• NovartisNVSunder 0.1%
• TotalEnergiesTTEunder 0.1%
• Regeneron PharmaceuticalsREGNunder 0.1%
• PfizerPFEunder 0.1%
• NetflixNFLXunder 0.1%
• Vanguard S&P 500 ETFVOOunder 0.1%
• Goldman Sachs Activebeta Int ETFGSIEunder 0.1%
• iShares US Treasury Bond ETFGOVTunder 0.1%
• J P Morgan Exchange Traded FundJVALunder 0.1%
• Automatic Data ProcessingADPunder 0.1%
• Nextera EnergyNEEunder 0.1%
• Fifth Third BancorpFITBunder 0.1%
• McDONALD’SMCDunder 0.1%
• NewmontNEMunder 0.1%
• Farmers & Merchants BancorpFMAOunder 0.1%
• Howmet AerospaceHWMunder 0.1%
• Camden NationalCACunder 0.1%
• iShares Russell 1000 Value E ETFIWDunder 0.1%
• VisaVunder 0.1%
• John Hancock Exchange TradedJHMDunder 0.1%
• Goldman Activebeta US LC ETFGSLCunder 0.1%
• Marsh & Mclennan CompaniesMRSHunder 0.1%
• Ishar Fture EXP Tech ETF-usd ETFXTunder 0.1%
• Capital One FinancialCOFunder 0.1%