Orion Porfolio Solutions portfolio

What changed this quarter

1870 positions with a change (149 new, 761 added to, 775 trimmed, 185 sold); also, 3 entered through an IPO, 6 exited through an acquisition or merger, 5 entered through a spin-off.

No moves of 0.5 points of the portfolio or more.

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

• Northern LTS Fund Tr IVSECT9.6%
• iShares Core S&P 500 ETFIVV2.7%
• Northern LTS Fund Tr IVBUYW2.6%
• Advisors Inner Circle Fund IIEDGF2.5%
• AppleAAPL2.0%
• NVIDIANVDA2.0%
• Vanguard Index FundsVTI1.8%
• AlphabetGOOGL · GOOG1.7%
• Vanguard Ftse Developed ETFVEA1.6%
• Vanguard Mrngstar GR ETF-sui ETFVUG1.4%
• MicrosoftMSFT1.2%
• Vanguard Mrngstr Val ETF-aui ETFVTV1.1%
• iShares Core International Stock ETFIXUS0.9%
• Amazon.comAMZN0.9%
• iShares Core U.s. Aggregate ETFAGG0.8%
• Advisors Inner Circle Fund IIEDGU0.8%
• BroadcomAVGO0.7%
• iShares National Muni Bond E ETFMUB0.7%
• Advisors Inner Circle Fund IIEDGH0.7%
• iShares Russell 1000 Growth ETFIWF0.7%
• iShares Core S&P Total U.s ETFITOT0.7%
• Micron TechnologyMU0.6%
• Vanguard International Equity Index FVWO0.6%
• Northern LTS Fund Tr IVTMAT0.6%
• Northern Lights Fund TrMRSK0.5%
• IsharesIEMG0.5%
• JPMorgan ChaseJPM0.5%
• Meta PlatformsMETA0.5%
• WalmartWMT0.5%
• Eli LillyLLY0.5%
• Dimensional ETF TrustDFAC0.5%
• iShares Core Msci Eafe ETFIEFA0.5%
• Vanguard Core Bond ETFVCRB0.5%
• Goldman Activebeta US LC ETFGSLC0.5%
• Johnson & JohnsonJNJ0.4%
• Taiwan Semiconductor ManufacturingTSM0.4%
• Advanced Micro DevicesAMD0.4%
• Schwab Fndmn International LRG Co ETFFNDF0.4%
• Applied MaterialsAMAT0.4%
• Advisors Inner Circle Fund IIEDGI0.4%
• Vanguard Total International Bond ETFBNDX0.4%
• Pacer Global Cash Cows Divid ETFGCOW0.4%
• Vanguard Short-term Bond ETFBSV0.4%
• Berkshire HathawayBRK/B0.4%
• CaterpillarCAT0.4%
• TeslaTSLA0.4%
• iShares Short-term National ETFSUB0.3%
• Vanguard Most Sm-cap ETF-usd ETFVB0.3%
• American Centy ETF TrAVEM0.3%
• J P Morgan Exchange Traded FundJMUB0.3%
• Ishares TrIUSB0.3%
• Vanguard World FundMGC0.3%
• VisaV0.3%
• BlackRock ETF TrustDYNF0.3%
• State Str Spdr S&P 500 ETF TSPY0.3%
• iShares S&P 500 Growth ETFIVW0.3%
• Vanguard Mortgage-backed Sec ETFVMBS0.3%
• Lam ResearchLRCX0.3%
• Northern LTS Fund Tr IVINTL0.3%
• STE Str SPDR PT S&P 500 ETFSPYM0.3%
• DBX ETF Trust - Xtrackers RUQARP0.3%
• Exxon MobilXOM0.3%
• Pacer US Cash Cows 100 ETFCOWZ0.3%
• iShares International Select ETFIDV0.3%
• Philip Morris InternationalPM0.3%
• AbbVieABBV0.3%
• Vanguard S&P 500 ETFVOO0.2%
• Capital Group Dividend ValueCGDV0.2%
• iShares S&P 500 Value ETFIVE0.2%
• KLAKLAC0.2%
• Cisco SystemsCSCO0.2%
• GE AerospaceGE0.2%
• MastercardMA0.2%
• ASML HoldingASML0.2%
• iShares Msci USA Momentum FA ETFMTUM0.2%
• UnitedHealth GroupUNH0.2%
• Victory Portfolios IIVFLO0.2%
• IntelINTC0.2%
• iShares Russell Mid-cap Grow ETFIWP0.2%
• iShares 3-7 Year Treasury BO ETFIEI0.2%
• Vanguard Long-term Bond ETFBLV0.2%
• Costco WholesaleCOST0.2%
• Schwab US Large-cap ETFSCHX0.2%
• ChevronCVX0.2%
• iShares Msci Eafe ETFEFA0.2%
• iShares Gold Trust ETFIAU0.2%
• iShares Msci Eafe Growth ETFEFG0.2%
• Vanguard Intermediate-term B ETFBIV0.2%
• State Street SPDR S&P Dividend ETFSDY0.2%
• Pimco Multisector Bond Actv ETFPYLD0.2%
• T Rowe Price Exchange-tradedTOUS0.2%
• American ExpressAXP0.2%
• iShares Russell Top 200 Valu ETFIWX0.2%
• AmphenolAPH0.2%
• Coca-ColaKO0.2%
• Vaneck ETF TrustCLOI0.2%
• CorningGLW0.2%
• Home DepotHD0.2%
• RTXRTX0.2%