Mainstay Capital Management portfolio

What changed this quarter

117 positions with a change (15 new, 32 added to, 56 trimmed, 14 sold). 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Harbor ETF Trust+7.2 ppof portfolioNew
  — → 7.2%
• iShares Msci USA Value Facto ETF+120%more sharesIncreased
  2.9% → 8.7%
• iShares Gold Trust ETF−46%fewer sharesReduced
  10.1% → 4.5%
• Advisors Inner Circle Fund III−36%fewer sharesReduced
  8.9% → 6.6%
• Capital Group Dividend Value−40%fewer sharesReduced
  6.3% → 4.2%
• Tidal Trust III+2.1 ppof portfolioNew
  — → 2.1%
• Invesco Nasdaq 100 ETF+61%more sharesIncreased
  2.8% → 5.6%
• iShares Silver Trust ETF−26%fewer sharesReduced
  10.3% → 5.7%
• Invesco Exchange Traded Fund T−1.9 ppof portfolioSold out
  2.0% → —
• WisdomTree Efficient Gold ETF−18%fewer sharesReduced
  9.6% → 7.4%
• EA Series Trust−14%fewer sharesReduced
  7.7% → 8.4%
• SPDR Gold Shares ETF−73%fewer sharesReduced
  1.3% → 0.3%

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 Msci USA Value Facto ETFVLUE8.7%
• EA Series TrustFRDM8.4%
• State Street SPDR P S&P 500 Growth ETFSPYG7.6%
• WisdomTree Efficient Gold ETFGDE7.4%
• Tidal Trust IICHAT7.2%
• Harbor ETF TrustHGER7.2%
• Advisors Inner Circle Fund IIISAMT6.6%
• First Tr Exchange Traded FundTDIV5.9%
• iShares Silver Trust ETFSLV5.7%
• Invesco Nasdaq 100 ETFQQQM5.6%
• iShares Gold Trust ETFIAU4.5%
• Capital Group Dividend ValueCGDV4.2%
• Tidal Trust IIIAIS2.1%
• Global X Silver Miners ETFSIL1.6%
• Amplify Junior Silver Miners ETFSILJ1.4%
• Vaneck ETF TrustGDX1.1%
• Vaneck ETF TrustGDXJ0.8%
• Abrdn Precious Metals BasketGLTR0.8%
• Lam ResearchLRCX0.6%
• NVIDIANVDA0.6%
• AlphabetGOOG0.4%
• Exchange Traded Concepts TRUSIXA0.4%
• CaterpillarCAT0.3%
• Exxon MobilXOM0.3%
• SouthernSO0.3%
• Cisco SystemsCSCO0.3%
• SPDR Gold Shares ETFGLD0.3%
• JPMorgan ChaseJPM0.3%
• iShares Russell 1000 ETFIWB0.3%
• AppleAAPL0.3%
• Taiwan Semiconductor ManufacturingTSM0.3%
• Invesco S&P 500 Momentum ETFSPMO0.3%
• McKESSONMCK0.2%
• Amazon.comAMZN0.2%
• Goldman Sachs GroupGS0.2%
• TransDigm GroupTDG0.2%
• ASE Technology HoldingASX0.2%
• Alps ETF TrAMLP0.2%
• MicrosoftMSFT0.2%
• Philip Morris InternationalPM0.2%
• Nomura Focused Emerging Mark ETFEMEQ0.2%
• International Business MachinesIBM0.2%
• Texas InstrumentsTXN0.2%
• AmphenolAPH0.2%
• ETF SER SolutionsWAR0.2%
• VisaV0.2%
• OneokOKE0.2%
• AegonAEG0.2%
• Invesco Exchange Traded Fund TSPHQ0.1%
• Waste ManagementWM0.1%
• Ares CapitalARCC0.1%
• Eli LillyLLY0.1%
• AmgenAMGN0.1%
• American Electric PowerAEP0.1%
• Bank of New York MellonBNY0.1%
• Smurfit WestrockSW0.1%
• Unified SER TrABEQ0.1%
• Wells FargoWFC0.1%
• Vanguard S&P 500 ETFVOO0.1%
• Constellation EnergyCEG0.1%
• Altria GroupMO0.1%
• Copa HoldingsCPA0.1%
• Invesco Exchange Traded Fund TRZG0.1%
• Meta PlatformsMETA0.1%
• Coca-ColaKO0.1%
• State Street SPDR Euro Stoxx ETFFEZ0.1%
• CVS HealthCVS0.1%
• O Reilly AutomotiveORLY0.1%
• VALEVALE0.1%
• VICI PropertiesVICI0.1%
• iShares Msci Eafe ETFEFA0.1%
• iShares National Muni Bond E ETFMUB0.1%
• Invesco Exchange Traded Fund TXMMO0.1%
• SalesforceCRM0.1%
• WisdomTree Japan Hedged Eq ETFDXJ0.1%
• NetflixNFLX0.1%
• Applied MaterialsAMAT0.1%
• Victory Portfolios IIUSTB0.1%
• General MotorsGM0.1%
• Ford MotorF0.1%
• Palantir TechnologiesPLTR0.1%
• United STS Commodity Index FCPER0.1%
• J P Morgan Exchange Traded FundJPIB0.1%
• iShares 0-3 Month Treasury B ETFSGOV0.1%
• BroadcomAVGO0.1%
• Invesco Actively Managed EXCVRIGunder 0.1%
• Kraneshares Public-private A ETFAGIXunder 0.1%
• Invesco Emerging Markets SOV ETFPCYunder 0.1%
• Global X Copper Miners ETFCOPXunder 0.1%
• Delta Air LinesDALunder 0.1%
• Columbia Divers FIX Inc ETFDIALunder 0.1%
• Atmos EnergyATOunder 0.1%
• Monolithic Power SystemsMPWRunder 0.1%
• iShares Russell 2000 ETFIWMunder 0.1%
• Sprott Asset ManagementPSLVunder 0.1%
• Dominion EnergyDunder 0.1%
• Invesco Actively Managed EXCGTOunder 0.1%
• iShares Msci Emerging Market ETFEEMunder 0.1%
• Schwab US Large-cap ETFSCHXunder 0.1%
• J P Morgan Exchange Traded FundJQUAunder 0.1%