Scopus Asset Management portfolio

What changed this quarter

166 positions with a change (38 new, 53 added to, 35 trimmed, 40 sold); also, 5 entered through an IPO. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Colgate-palmolive+1.9 ppof portfolioNew
  — → 1.9%
• Apple+1.9 ppof portfolioNew
  — → 1.9%
• Asml Holding+1.7 ppof portfolioNew
  — → 1.7%
• Sysco+395%more sharesIncreased
  0.5% → 2.1%
• Pepsico−1.7 ppof portfolioSold out
  2.2% → —
• DICK'S Sporting Goods+1.5 ppof portfolioNew
  — → 1.5%
• Seagate Technology Holdings+1.5 ppof portfolioNew
  — → 1.5%
• Meta Platforms−1.4 ppof portfolioSold out
  1.9% → —
• ITT+169%more sharesIncreased
  1.0% → 2.2%
• Boot Barn Holdings+1.3 ppof portfolioNew
  — → 1.3%
• Verisign+1.3 ppof portfolioNew
  — → 1.3%
• Asml Holding Nv-ny REG−1.3 ppof portfolioSold out
  1.7% → —

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

• Element SolutionsESI3.4%
• Linde3.2%
• CRH publicCRH2.3%
• Amazon.comAMZN2.2%
• ITTITT2.2%
• SyscoSYY2.1%
• Procter & GamblePG1.9%
• Colgate-palmoliveCL1.9%
• AppleAAPL1.9%
• UL SolutionsULS1.8%
• ASML HoldingASML1.7%
• Somnigroup InternationalSGI1.6%
• CarvanaCVNA1.6%
• DICK'S Sporting GoodsDKS1.5%
• Seagate Technology Holdings1.5%
• VisaV1.4%
• NVIDIANVDA1.3%
• Boot Barn HoldingsBOOT1.3%
• Packaging Corp of AmericaPKG1.3%
• ConstelliumCSTM1.3%
• VerisignVRSN1.3%
• AmetekAME1.3%
• Fervo EnergyFRVO1.3%
• Vistra OperationsVST1.3%
• Nebius Group1.2%
• Siemens Energy1.2%
• Viking Holdings1.2%
• iShares 1-3 Year Treasury BO ETFSHY1.2%
• Kioxia Holdings1.2%
• Parker-hannifinPH1.2%
• Performance Food GroupPFGC1.1%
• Mondelez InternationalMDLZ1.1%
• Taiwan Semiconductor ManufacturingTSM1.1%
• Spotify TechnologySPOT1.1%
• Space Exploration TechnologiesSPCX1.1%
• NextpowerNXT1.1%
• DoorDashDASH1.1%
• EquinixEQIX1.1%
• RelianceRS1.1%
• Cheniere EnergyLNG1.0%
• Estée LauderEL1.0%
• Teledyne TechnologiesTDY1.0%
• TapestryTPR1.0%
• Sprott Physical Uraniu FSRUUF1.0%
• Advanced Micro DevicesAMD0.9%
• CSXCSX0.9%
• Armstrong World IndustriesAWI0.9%
• Home DepotHD0.9%
• Robinhood MarketsHOOD0.8%
• Quanta ServicesPWR0.8%
• RPM InternationalRPM0.8%
• Johnson Controls InternationalJCI0.8%
• Smurfit Westrock0.7%
• Core Natural ResourcesCNR0.7%
• ArcelorMittalMT0.7%
• Ralph LaurenRL0.7%
• Vanguard Short-term Treasury ETFVGSH0.7%
• Amer Sports0.7%
• 3mMMM0.7%
• DoverDOV0.7%
• SOLV EnergyMWH0.6%
• MasTecMTZ0.6%
• Advanced Drainage SystemsWMS0.6%
• Curtiss-wrightCW0.6%
• Swatch Group Ag/the-br0.6%
• BoeingBA0.6%
• Steven MaddenSHOO0.6%
• GE VernovaGEV0.6%
• Burlington StoresBURL0.6%
• Constellation BrandsSTZ0.6%
• Denison MinesDNN0.5%
• Cullen/Frost BankersCFR0.5%
• iShares 20+ Year Treasury BD ETFTLT0.5%
• National Vision HoldingsEYE0.5%
• Trane Technologies0.5%
• MastercardMA0.5%
• Vaneck ETF TrustOIH0.4%
• IntelINTC0.4%
• NucorNUE0.4%
• CraneCR0.4%
• Vertiv HoldingsVRT0.4%
• CaterpillarCAT0.4%
• MSC Industrial DirectMSM0.4%
• AlphabetGOOGL0.4%
• Baker HughesBKR0.4%
• WoodwardWWD0.4%
• Carrier GlobalCARR0.4%
• Novonesis (novozymes) B0.4%
• RTXRTX0.4%
• Qnity ElectronicsQ0.4%
• CumminsCMI0.4%
• Delta Air LinesDAL0.3%
• Coca-ColaKO0.3%
• AvientAVNT0.3%
• Casey’s General StoresCASY0.3%
• Keurig Dr PepperKDP0.3%
• AerCap HoldingsAER0.3%
• Federal SignalFSS0.3%
• CamecoCCJ0.3%
• NovantaNOVT0.3%