Fulton Breakefield Broenniman portfolio

What changed this quarter

149 positions with a change (8 new, 52 added to, 79 trimmed, 10 sold). 6 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• iShares Core S&P 500 ETF+9.2%more sharesIncreased
  10.2% → 11.2%
• SPDR Gold Minishares Trust ETF+42%more sharesIncreased
  2.1% → 3.0%
• Pimco Enhanced Short Maturit ETF+0.9 ppof portfolioNew
  — → 0.9%
• Invesco Preferred ETF+0.7 ppof portfolioNew
  — → 0.7%
• iShares Preferred & Income S ETF−98%fewer sharesReduced
  0.7% → under 0.1%
• Seagate Technology Holdings+1,127%more sharesIncreased
  0.1% → 0.7%

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

• iShares Core S&P 500 ETFIVV11.2%
• Vanguard Ftse Developed ETFVEA5.8%
• AppleAAPL5.4%
• MicrosoftMSFT5.1%
• AlphabetGOOGL · GOOG4.5%
• NVIDIANVDA4.1%
• Taiwan Semiconductor ManufacturingTSM4.1%
• iShares Core S&P Small-cap E ETFIJR3.8%
• iShares Core S&P Midcap ETFIJH3.7%
• Amazon.comAMZN3.2%
• SPDR Gold Minishares Trust ETFGLDM3.0%
• Eli LillyLLY2.0%
• iShares Core U.s. Aggregate ETFAGG1.9%
• iShares Broad USD Investment ETFUSIG1.9%
• ASML HoldingASML1.6%
• VisaV1.5%
• BroadcomAVGO1.5%
• Berkshire HathawayBRK/B1.4%
• Howmet AerospaceHWM1.3%
• LindeLIN1.2%
• JPMorgan ChaseJPM1.1%
• TJXTJX1.0%
• State Str Spdr S&P 500 ETF TSPY1.0%
• AbbVieABBV0.9%
• Vanguard Dividend Apprec ETFVIG0.9%
• Pimco Enhanced Short Maturit ETFMINT0.9%
• ProgressivePGR0.9%
• American ExpressAXP0.8%
• Lowe'sLOW0.8%
• Invesco QQQ Trust Series 1 ETFQQQ0.8%
• General DynamicsGD0.8%
• Invesco Preferred ETFPGX0.7%
• EOG ResourcesEOG0.7%
• Nextera EnergyNEE0.7%
• Seagate Technology HoldingsSTX0.7%
• Apollo Global ManagementAPO0.7%
• JP Morgan Inflation MGD Bond ETFJCPI0.6%
• NetflixNFLX0.6%
• iShares Russell 2000 ETFIWM0.6%
• McDONALD’SMCD0.6%
• State Street SPDR P Tips ETFSPIP0.6%
• UnitedHealth GroupUNH0.6%
• State Street SPDR BB St HI Yield ETFSJNK0.5%
• W.W. GraingerGWW0.5%
• Vertiv HoldingsVRT0.5%
• Ishares TrLQD0.5%
• Invesco Exchange Traded Fund TRSP0.5%
• StrykerSYK0.5%
• Hilton Worldwide HoldingsHLT0.5%
• iShares National Muni Bond E ETFMUB0.4%
• Meta PlatformsMETA0.4%
• XPOXPO0.4%
• iShares Ibonds DEC 2026 Term ETFIBDR0.3%
• Intuitive SurgicalISRG0.3%
• iShares S&P 100 ETFOEF0.3%
• Cadence Design SystemsCDNS0.3%
• Ishares TrIBDS0.3%
• iShares S&P Mid-cap 400 Grow ETFIJK0.3%
• SAPSAP0.3%
• ChevronCVX0.3%
• iShares Ibonds DEC 2028 ETFIBDT0.3%
• Spotify TechnologySPOT0.3%
• Johnson & JohnsonJNJ0.2%
• iShares Select Dividend ETFDVY0.2%
• iShares Ibonds DEC 2030 ETFIBDV0.2%
• iShares Ibonds DEC 2029 Term ETFIBDU0.2%
• iShares 0-5 Yr HY Corp Bond ETFSHYG0.2%
• Vanguard Index FundsVTI0.2%
• TeslaTSLA0.2%
• Exxon MobilXOM0.2%
• iShares Ibonds DEC 2031 ETFIBDW0.2%
• EatonETN0.2%
• Marriott InternationalMAR0.2%
• AmgenAMGN0.1%
• Costco WholesaleCOST0.1%
• Texas InstrumentsTXN0.1%
• iShares Ibonds DEC 2032 TC ETFIBDX0.1%
• State Street Technology Select Sector ETFXLK0.1%
• DanaherDHR0.1%
• Illinois Tool WorksITW0.1%
• iShares Ibonds DEC 2033 ETFIBDY0.1%
• Schwab US Mid Cap ETFSCHM0.1%
• CaterpillarCAT0.1%
• Schwab U.s. Tips ETFSCHP0.1%
• Waste ConnectionsWCN0.1%
• Schwab US Small-cap ETFSCHA0.1%
• Procter & GamblePG0.1%
• MerckMRK0.1%
• Ishares TrIBDZ0.1%
• Micron TechnologyMU0.1%
• RTXRTX0.1%
• Union PacificUNP0.1%
• Church & DwightCHD0.1%
• Vanguard S&P 500 ETFVOO0.1%
• Coca-ColaKO0.1%
• Applied MaterialsAMAT0.1%
• ShopifySHOP0.1%
• SPDR Gold Shares ETFGLD0.1%
• Schwab US Large-cap ETFSCHX0.1%