Deroy & Devereaux Private Investment Counsel portfolio

What changed this quarter

110 positions with a change (10 new, 49 added to, 38 trimmed, 13 sold). 11 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Micron Technology−88%fewer sharesReduced
  2.8% → 0.3%
• Microsoft+94%more sharesIncreased
  1.3% → 3.6%
• Teradyne−87%fewer sharesReduced
  2.3% → 0.2%
• Zebra Technologies+1.5 ppof portfolioNew
  — → 1.6%
• Dell Technologies−37%fewer sharesReduced
  2.8% → 2.3%
• Mobility Global+1.2 ppof portfolioNew
  — → 1.3%
• Pentair−1.1 ppof portfolioSold out
  1.1% → —
• Amazon.com+47%more sharesIncreased
  2.1% → 3.4%
• CCC Intelligent Solutions Holdings+323%more sharesIncreased
  0.2% → 1.1%
• Abercrombie & Fitch−45%fewer sharesReduced
  1.2% → 1.0%
• Fiserv−0.7 ppof portfolioSold out
  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

• MicrosoftMSFT3.6%
• Amazon.comAMZN3.4%
• RelianceRS2.4%
• Dell TechnologiesDELL2.3%
• JPMorgan ChaseJPM2.3%
• AlphabetGOOG · GOOGL2.0%
• CACI InternationalCACI1.9%
• JBT MarelJBTM1.9%
• Exxon MobilXOM1.9%
• Lam ResearchLRCX1.9%
• Morgan StanleyMS1.8%
• Blue BirdBLBD1.8%
• Capital One FinancialCOF1.8%
• Raymond James FinancialRJF1.7%
• HCA HealthcareHCA1.7%
• MDU Resources GroupMDU1.7%
• Becton, DickinsonBDX1.7%
• J M SmuckerSJM1.7%
• ChevronCVX1.7%
• DT MidstreamDTM1.7%
• Labcorp HoldingsLH1.6%
• ChubbCB1.6%
• Zebra TechnologiesZBRA1.6%
• Delta Air LinesDAL1.5%
• AutoZoneAZO1.5%
• Seagate Technology HoldingsSTX1.5%
• SonosSONO1.5%
• Cigna GroupCI1.5%
• Agilent TechnologiesA1.4%
• Solstice Advanced MaterialsSOLS1.4%
• CVS HealthCVS1.4%
• IdacorpIDA1.4%
• RTXRTX1.3%
• Carlisle CompaniesCSL1.3%
• Truist FinancialTFC1.3%
• Mobility GlobalMBGL1.3%
• PNC Financial Services GroupPNC1.3%
• SalesforceCRM1.2%
• Honeywell InternationalHON1.2%
• MascoMAS1.2%
• BrunswickBC1.1%
• CCC Intelligent Solutions HoldingsCCC1.1%
• At&tT1.1%
• Ryman Hospitality PropertiesRHP1.1%
• Toll BrothersTOL1.1%
• Pinnacle West CapitalPNW1.1%
• Howmet AerospaceHWM1.1%
• First HorizonFHN1.1%
• Take-two Interactive SoftwareTTWO1.1%
• Waste ManagementWM1.1%
• ProgressivePGR1.1%
• Willis Towers WatsonWTW1.0%
• Abercrombie & FitchANF1.0%
• Vishay IntertechnologyVSH1.0%
• Atlantic Union BanksharesAUB1.0%
• PepsicoPEP1.0%
• AppleAAPL1.0%
• Rocket CompaniesRKT0.9%
• Honeywell AerospaceHONA0.9%
• United Parks & ResortsPRKS0.7%
• MPLXMPLX0.6%
• Enterprise Products PartnersEPD0.5%
• State Str Spdr S&P 500 ETF TSPY0.4%
• Micron TechnologyMU0.3%
• WatersWAT0.3%
• MKSMKSI0.3%
• DEL MonteDMC0.2%
• TeradyneTER0.2%
• Universal Health ServicesUHS0.2%
• Crown HoldingsCCK0.2%
• SterisSTE0.2%
• Postal Realty TrustPSTL0.2%
• Pursuit Attractions and HospitalityPRSU0.2%
• OUTFRONT MediaOUT0.2%
• Third Coast BancsharesTCBX0.2%
• WEXWEX0.2%
• Fifth Third VAR(preferred)0.2%
• Alaska Air GroupALK0.2%
• Regions Financial(preferred)0.2%
• Viper EnergyVNOM0.2%
• Vanguard S/t Corp Bond ETFVCSH0.2%
• Gaming and Leisure PropertiesGLPI0.2%
• AGCOAGCO0.2%
• International General Insurance HoldingsIGIC0.2%
• EvercoreEVR0.2%
• Northwestern Energy GroupNWE0.2%
• Brown & BrownBRO0.2%
• iShares Core S&P U.s. Value ETFIUSV0.2%
• Rayonier Advanced MaterialsRYAM0.2%
• PSA 4 5/8 Perp(preferred)0.2%
• NVIDIANVDA0.2%
• TXO PartnersTXO0.2%
• Clean HarborsCLH0.1%
• Carriage ServicesCSV0.1%
• Wells Fargo(preferred)0.1%
• Jack Henry & AssociatesJKHY0.1%
• EnovisENOV0.1%
• HF SinclairDINO0.1%
• Gibraltar IndustriesROCK0.1%