Omers Administration portfolio

What changed this quarter

978 positions with a change (87 new, 464 added to, 160 trimmed, 267 sold); also, 3 entered through an IPO, 15 exited through an acquisition or merger, 2 entered through a spin-off. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Vanguard S&P 500 ETF−44%fewer sharesReduced
  6.1% → 3.7%
• Micron Technology+303%more sharesIncreased
  0.2% → 2.4%
• Royal Bank of Canada+205%more sharesIncreased
  0.7% → 2.6%
• Canadian Natural Resources+10,571%more sharesIncreased
  under 0.1% → 1.7%
• Apple−33%fewer sharesReduced
  4.7% → 3.3%
• Citigroup+1,137%more sharesIncreased
  0.1% → 1.5%
• Meta Platforms+123%more sharesIncreased
  1.2% → 2.4%
• Toronto Dominion Bank+105%more sharesIncreased
  1.0% → 2.4%
• Intel+899%more sharesIncreased
  under 0.1% → 1.3%
• Eli Lilly−63%fewer sharesReduced
  1.5% → 0.7%
• Prologis−78%fewer sharesReduced
  1.5% → 0.3%
• Berkshire Hathaway+366%more sharesIncreased
  0.3% → 1.4%

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

• NVIDIANVDA4.7%
• AlphabetGOOGL · GOOG4.5%
• Vanguard S&P 500 ETFVOO3.7%
• AppleAAPL3.3%
• Brookfield BusinessBBUC3.2%
• Amazon.comAMZN3.1%
• Royal Bank of CanadaRY2.6%
• MicrosoftMSFT2.5%
• JPMorgan ChaseJPM2.4%
• Toronto Dominion BankTD2.4%
• Meta PlatformsMETA2.4%
• Micron TechnologyMU2.4%
• Canadian Natural ResourcesCNQ1.7%
• BroadcomAVGO1.7%
• CitigroupC1.5%
• Berkshire HathawayBRK/B1.4%
• IntelINTC1.3%
• Bank of MontrealBMO1.3%
• UnitedHealth GroupUNH1.3%
• TeslaTSLA1.0%
• Canadian Imperial Bank of CommerceCM1.0%
• WalmartWMT0.9%
• Trane TechnologiesTT0.9%
• Bank of Nova ScotiaBNS0.9%
• Johnson & JohnsonJNJ0.8%
• Cisco SystemsCSCO0.8%
• Manulife FinancialMFC0.7%
• MastercardMA0.7%
• Bank of AmericaBAC0.7%
• Eli LillyLLY0.7%
• Coca-ColaKO0.6%
• Home DepotHD0.6%
• Costco WholesaleCOST0.6%
• PayPal HoldingsPYPL0.5%
• Goldman Sachs GroupGS0.5%
• Analog DevicesADI0.5%
• Suncor EnergySU0.5%
• eBayEBAY0.5%
• Union PacificUNP0.5%
• State Str Spdr S&P 500 ETF TSPY0.5%
• Thermo Fisher ScientificTMO0.5%
• TeradyneTER0.4%
• Host Hotels & ResortsHST0.4%
• Texas InstrumentsTXN0.4%
• MerckMRK0.4%
• Advanced Micro DevicesAMD0.4%
• ASML HoldingASML0.4%
• QualcommQCOM0.4%
• GE VernovaGEV0.4%
• Palo Alto NetworksPANW0.4%
• Applied MaterialsAMAT0.4%
• ChevronCVX0.3%
• TC EnergyTRP0.3%
• Gilead SciencesGILD0.3%
• Ares CapitalARCC0.3%
• Norfolk SouthernNSC0.3%
• Blackstone Secured Lending FundBXSL0.3%
• McKESSONMCK0.3%
• PrologisPLD0.3%
• Lam ResearchLRCX0.3%
• Capital One FinancialCOF0.3%
• Freeport-McMoRanFCX0.3%
• ShopifySHOP0.3%
• VisaV0.3%
• Exxon MobilXOM0.3%
• AmphenolAPH0.3%
• Golub Capital BDCGBDC0.3%
• T-mobile USTMUS0.3%
• KKRKKR0.3%
• AonAON0.3%
• S&P GlobalSPGI0.3%
• iShares Msci Eafe ETFEFA0.3%
• CaterpillarCAT0.3%
• TJXTJX0.3%
• Duke EnergyDUK0.2%
• LindeLIN0.2%
• Agnico Eagle MinesAEM0.2%
• EnbridgeENB0.2%
• O Reilly AutomotiveORLY0.2%
• CelesticaCLS0.2%
• Intuitive SurgicalISRG0.2%
• D.R. HortonDHI0.2%
• PepsicoPEP0.2%
• BrookfieldBN0.2%
• KLAKLAC0.2%
• EatonETN0.2%
• Live Nation EntertainmentLYV0.2%
• Parker-hannifinPH0.2%
• McDONALD’SMCD0.2%
• Sixth Street Specialty LendingTSLX0.2%
• Blue OWL CapitalOBDC0.2%
• AbbVieABBV0.2%
• Procter & GamblePG0.2%
• IsharesEWJ0.2%
• Morgan StanleyMS0.2%
• Ameriprise FinancialAMP0.2%
• Xcel EnergyXEL0.2%
• Booking HoldingsBKNG0.2%
• OracleORCL0.2%