Janney Montgomery Scott portfolio

What changed this quarter

2737 positions with a change (419 new, 1233 added to, 1007 trimmed, 78 sold); also, 8 entered through an IPO, 12 exited through an acquisition or merger, 5 entered through a spin-off. 5 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• State Str Spdr S&P 500 ETF T+1.0 ppof portfolioNew
  — → 1.0%
• J P Morgan Exchange Traded Fund+0.9 ppof portfolioNew
  — → 0.9%
• Alphabet+0.9 ppof portfolioNew
  — → 0.9%
• iShares Core S&P 500 ETF+30%more sharesIncreased
  2.3% → 2.7%
• iShares Core Msci Europe ETF+0.6 ppof portfolioNew
  — → 0.6%

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

• AppleAAPL2.8%
• iShares Core S&P 500 ETFIVV2.7%
• AlphabetGOOGL · GOOG2.2%
• NVIDIANVDA1.8%
• State Street Technology Select Sector ETFXLK1.8%
• MicrosoftMSFT1.7%
• BroadcomAVGO1.3%
• Amazon.comAMZN1.3%
• Invesco QQQ Trust Series 1 ETFQQQ1.2%
• JPMorgan ChaseJPM1.1%
• State Str Spdr S&P 500 ETF TSPY1.0%
• State Street Financial Select Sector ETFXLF1.0%
• Ishares TrIUSB0.9%
• J P Morgan Exchange Traded FundBBUS0.9%
• iShares Russell 1000 Growth ETFIWF0.7%
• State Street Health Care Select Sector ETFXLV0.7%
• Eli LillyLLY0.7%
• Johnson & JohnsonJNJ0.6%
• State Street Comm Select Sector SPDR ETFXLC0.6%
• iShares S&P 500 Growth ETFIVW0.6%
• Vanguard International Equity Index FVEU0.6%
• Meta PlatformsMETA0.6%
• Vanguard High DVD Yield ETFVYM0.6%
• iShares Core Msci Europe ETFIEUR0.6%
• AbbVieABBV0.6%
• CaterpillarCAT0.6%
• BlackRock ETF TrustDYNF0.6%
• VisaV0.6%
• Vanguard S&P 500 ETFVOO0.6%
• Vanguard Info Tech ETFVGT0.5%
• Berkshire HathawayBRK/B0.5%
• WalmartWMT0.5%
• Vanguard Russell 1000 Growth ETFVONG0.5%
• Cisco SystemsCSCO0.5%
• iShares S&P 500 Value ETFIVE0.5%
• Vanguard Ftse Developed ETFVEA0.5%
• IsharesIEMG0.4%
• iShares Core S&P Small-cap E ETFIJR0.4%
• iShares Core Msci Eafe ETFIEFA0.4%
• Exxon MobilXOM0.4%
• MerckMRK0.4%
• EatonETN0.4%
• Vanguard S/t Corp Bond ETFVCSH0.4%
• ChevronCVX0.4%
• Taiwan Semiconductor ManufacturingTSM0.4%
• Invesco Exchange Traded Fund TRSP0.4%
• iShares 3-7 Year Treasury BO ETFIEI0.4%
• International Business MachinesIBM0.4%
• Vanguard Russell 1000 Value ETFVONV0.4%
• State Street Consumer Disc Select Sect ETFXLY0.4%
• iShares 20+ Year Treasury BD ETFTLT0.4%
• Home DepotHD0.4%
• J P Morgan Exchange Traded FundJCPB0.3%
• iShares Msci USA Momentum FA ETFMTUM0.3%
• Nextera EnergyNEE0.3%
• Capital Group Dividend ValueCGDV0.3%
• J P Morgan Exchange Traded FundJBND0.3%
• Procter & GamblePG0.3%
• iShares US Treasury Bond ETFGOVT0.3%
• Micron TechnologyMU0.3%
• BlackRock ETF TrustBAI0.3%
• Lam ResearchLRCX0.3%
• St SR UTL SL SE SPDR ETF-usd ETFXLU0.3%
• PNC Financial Services GroupPNC0.3%
• iShares MBS ETFMBB0.3%
• iShares Msci Eafe Growth ETFEFG0.3%
• Goldman Sachs GroupGS0.3%
• CorningGLW0.3%
• RTXRTX0.3%
• iShares Core International Stock ETFIXUS0.3%
• AmgenAMGN0.3%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.3%
• iShares Expanded Tech Sector ETFIGM0.3%
• MastercardMA0.3%
• Applied MaterialsAMAT0.3%
• Vanguard Dividend Apprec ETFVIG0.3%
• McDONALD’SMCD0.3%
• Palo Alto NetworksPANW0.3%
• Vanguard Index FundsVO0.3%
• J P Morgan Exchange Traded FundJEPI0.3%
• First Trust Rising Dividend ETFRDVY0.3%
• TeslaTSLA0.3%
• J P Morgan Exchange Traded FundJIRE0.3%
• Coca-ColaKO0.3%
• iShares 7-10 Year Treasury B ETFIEF0.3%
• PepsicoPEP0.3%
• Vanguard International Equity Index FVWO0.2%
• J P Morgan Exchange Traded FundJGRO0.2%
• Costco WholesaleCOST0.2%
• iShares Biotechnology ETFIBB0.2%
• iShares Core High Dividend E ETFHDV0.2%
• iShares 10-20 Year Treasury ETFTLH0.2%
• GE VernovaGEV0.2%
• Capital GRP Fixed Incm ETF TCGCP0.2%
• State Street Materials Select Sector ETFXLB0.2%
• iShares Russell 2000 ETFIWM0.2%
• J P Morgan Exchange Traded FundJAVA0.2%
• Advanced Micro DevicesAMD0.2%
• Philip Morris InternationalPM0.2%