Ingalls & Snyder portfolio

What changed this quarter

248 positions with a change (26 new, 74 added to, 133 trimmed, 15 sold); also, 1 entered through an IPO, 3 exited through an acquisition or merger, 2 entered through a spin-off. 3 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• OceanaGold+6.9 ppof portfolioNew
  — → 6.9%
• Ftai Aviation+6,335%more sharesIncreased
  under 0.1% → 1.3%
• Corcept Therapeutics+4.3%more sharesIncreased
  10.9% → 18.9%

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

• Corcept TherapeuticsCORT18.9%
• OceanaGoldOGC6.9%
• AlphabetGOOGL · GOOG4.3%
• Williams CompaniesWMB2.8%
• AppleAAPL2.7%
• Berkshire HathawayBRK/B · BRK/A2.6%
• Exxon MobilXOM2.5%
• Canadian Natural ResourcesCNQ2.4%
• Pan American SilverPAAS2.2%
• MicrosoftMSFT2.0%
• JPMorgan ChaseJPM1.7%
• Amazon.comAMZN1.4%
• FTAI AviationFTAI1.3%
• NVIDIANVDA1.2%
• DeereDE1.1%
• Expedia GroupEXPE1.0%
• OmerosOMER1.0%
• AbbVieABBV0.9%
• HexcelHXL0.9%
• CitigroupC0.9%
• Procter & GamblePG0.9%
• RTXRTX0.8%
• Range ResourcesRRC0.8%
• Abbott LaboratoriesABT0.8%
• Globe LifeGL0.8%
• Home DepotHD0.7%
• MerckMRK0.7%
• Stratus PropertiesSTRS0.7%
• Meta PlatformsMETA0.7%
• TECK ResourcesTECK0.7%
• ChubbCB0.7%
• TotalEnergiesTTE0.6%
• UBER TechnologiesUBER0.6%
• NovartisNVS0.6%
• Vanguard S&P 500 ETFVOO0.6%
• Applied MaterialsAMAT0.5%
• NetflixNFLX0.5%
• Johnson & JohnsonJNJ0.5%
• iShares Core S&P 500 ETFIVV0.5%
• Taiwan Semiconductor ManufacturingTSM0.5%
• BroadcomAVGO0.5%
• PfizerPFE0.5%
• Marvell TechnologyMRVL0.5%
• UnileverUL0.5%
• T-mobile USTMUS0.5%
• Williams-sonomaWSM0.5%
• Roper TechnologiesROP0.5%
• Tamboran ResourcesTBN0.4%
• Canadian Pacific Kansas CityCP0.4%
• Credit AcceptanceCACC0.4%
• NextNavNN0.4%
• KenvueKVUE0.4%
• Moody'sMCO0.4%
• Eli LillyLLY0.4%
• Norfolk SouthernNSC0.4%
• Fortune Brands InnovationsFBIN0.3%
• Mondelez InternationalMDLZ0.3%
• PayPal HoldingsPYPL0.3%
• World AcceptanceWRLD0.3%
• State Str Spdr S&P 500 ETF TSPY0.3%
• Union PacificUNP0.3%
• Occidental PetroleumOXY0.3%
• Palo Alto NetworksPANW0.3%
• UBS GroupUBS0.3%
• Parker-hannifinPH0.3%
• Vaneck ETF TrustGDXJ0.3%
• CTO Realty GrowthCTO0.3%
• McKESSONMCK0.3%
• Freeport-McMoRanFCX0.3%
• MastercardMA0.3%
• CamecoCCJ0.3%
• WayfairW0.2%
• Kraft HeinzKHC0.2%
• Delta Air LinesDAL0.2%
• Bank of AmericaBAC0.2%
• CimpressCMPR0.2%
• Qnity ElectronicsQ0.2%
• GE VernovaGEV0.2%
• SPDR Gold Shares ETFGLD0.2%
• Johnson Controls InternationalJCI0.2%
• Goldman Sachs GroupGS0.2%
• CopartCPRT0.2%
• Pitney BowesPBI0.2%
• Cisco SystemsCSCO0.2%
• PepsicoPEP0.2%
• MongodbMDB0.2%
• ChevronCVX0.2%
• Apollo Global ManagementAPO0.2%
• WalmartWMT0.2%
• HPHPQ0.2%
• Quanta ServicesPWR0.2%
• FMCFMC0.2%
• Shift4 PaymentsFOUR0.2%
• Howard Hughes HoldingsHHH0.2%
• VisaV0.2%
• AmphenolAPH0.2%
• EnbridgeENB0.2%
• Intercontinental ExchangeICE0.2%