Natixis portfolio

What changed this quarter

1204 positions with a change (285 new, 340 added to, 350 trimmed, 229 sold); also, 8 entered through an IPO, 16 exited through an acquisition or merger, 3 entered through a spin-off. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• NVIDIA−61%fewer sharesReduced
  9.8% → 5.1%
• Vanguard S&P 500 ETF−29%fewer sharesReduced
  14.7% → 14.0%
• STE Str SPDR PT S&P 500 ETF−65%fewer sharesReduced
  4.1% → 1.9%
• Micron Technology−54%fewer sharesReduced
  1.8% → 3.3%
• Apple−36%fewer sharesReduced
  4.2% → 3.6%
• Alphabet+1.7 ppof portfolioIncreased
  2.1% → 5.0%
• JPMorgan Chase−53%fewer sharesReduced
  2.9% → 1.8%
• Amazon.com−98%fewer sharesReduced
  1.6% → under 0.1%
• Microsoft−40%fewer sharesReduced
  3.8% → 2.7%
• State Str Spdr S&P 500 ETF T−45%fewer sharesReduced
  2.7% → 2.0%
• eBay−74%fewer sharesReduced
  1.4% → 0.5%
• Broadcom−40%fewer sharesReduced
  2.0% → 1.8%

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

• Vanguard S&P 500 ETFVOO14.0%
• NVIDIANVDA5.1%
• AlphabetGOOGL · GOOG5.0%
• Meta PlatformsMETA4.0%
• AppleAAPL3.6%
• Micron TechnologyMU3.3%
• MicrosoftMSFT2.7%
• State Str Spdr S&P 500 ETF TSPY2.0%
• STE Str SPDR PT S&P 500 ETFSPYM1.9%
• Energy TransferET1.9%
• Invesco QQQ Trust Series 1 ETFQQQ1.8%
• BroadcomAVGO1.8%
• JPMorgan ChaseJPM1.8%
• OracleORCL1.3%
• Johnson & JohnsonJNJ0.9%
• TeslaTSLA0.8%
• Cisco SystemsCSCO0.8%
• Eli LillyLLY0.8%
• Bristol-myers SquibbBMY0.7%
• Polestar Automotive Holding UKPSNY0.7%
• Marvell TechnologyMRVL0.7%
• State Street Financial Select Sector ETFXLF0.6%
• Advanced Micro DevicesAMD0.6%
• Thermo Fisher ScientificTMO0.6%
• Select Sector Spdr TrXLP0.5%
• State Street Materials Select Sector ETFXLB0.5%
• eBayEBAY0.5%
• PrologisPLD0.5%
• Walt DisneyDIS0.5%
• UnitedHealth GroupUNH0.4%
• Philip Morris InternationalPM0.4%
• ComcastCMCSA0.4%
• EquinixEQIX0.4%
• WelltowerWELL0.4%
• Coinbase GlobalCOIN0.4%
• State Street SPDR S&P Biotech ETFXBI0.4%
• American Water WorksAWK0.4%
• StrategyMSTR0.4%
• SandiskSNDK0.3%
• DanaherDHR0.3%
• Carpenter TechnologyCRS0.3%
• TeradyneTER0.3%
• AbbVieABBV0.3%
• State Street Health Care Select Sector ETFXLV0.3%
• VICI PropertiesVICI0.3%
• State Street Industrial Select Sector ETFXLI0.3%
• Lockheed MartinLMT0.3%
• Dollar TreeDLTR0.3%
• McKESSONMCK0.3%
• Cardinal HealthCAH0.3%
• Avis Budget GroupCAR0.3%
• Hilton Worldwide HoldingsHLT0.3%
• United RentalsURI0.3%
• State Street Comm Select Sector SPDR ETFXLC0.3%
• CaterpillarCAT0.2%
• Cadence Design SystemsCDNS0.2%
• CumminsCMI0.2%
• Simon Property GroupSPG0.2%
• Electronic ArtsEA0.2%
• Bank of AmericaBAC0.2%
• State Street SPDR S&P Metals Mining ETFXME0.2%
• EMCOR GroupEME0.2%
• US Bancorp \de\USB0.2%
• SalesforceCRM0.2%
• State Street Consumer Disc Select Sect ETFXLY0.2%
• StrykerSYK0.2%
• Raymond James FinancialRJF0.2%
• Quanta ServicesPWR0.2%
• State Street SPDR S&P Retail ETFXRT0.2%
• American ExpressAXP0.2%
• Pg&ePCG0.2%
• Illinois Tool WorksITW0.2%
• Honeywell InternationalHON0.2%
• State Street SPDR S&P Homebldrs ETFXHB0.2%
• QualcommQCOM0.2%
• Novo Nordisk A/sNVO0.2%
• PenumbraPEN0.2%
• Honeywell AerospaceHONA0.2%
• Ameriprise FinancialAMP0.2%
• Wells FargoWFC0.2%
• AESAES0.2%
• Carrier GlobalCARR0.2%
• ProgressivePGR0.2%
• St SR UTL SL SE SPDR ETF-usd ETFXLU0.2%
• Estée LauderEL0.2%
• Goldman Sachs GroupGS0.2%
• Vistra OperationsVST0.2%
• MerckMRK0.2%
• American TowerAMT0.2%
• Dell TechnologiesDELL0.2%
• AmetekAME0.2%
• Western DigitalWDC0.2%
• Palo Alto NetworksPANW0.2%
• WorkdayWDAY0.2%
• Baker HughesBKR0.2%
• MSCIMSCI0.2%
• Parker-hannifinPH0.2%
• VeraltoVLTO0.1%
• International Business MachinesIBM0.1%