Ballentine Partners portfolio

What changed this quarter

899 positions with a change (114 new, 471 added to, 272 trimmed, 42 sold); also, 8 exited through an acquisition or merger.

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

• Vanguard Index FundsVTI24.7%
• iShares Core Msci Eafe ETFIEFA8.0%
• iShares Core S&P Total U.s ETFITOT6.3%
• IsharesIEMG4.4%
• Vanguard Ftse Developed ETFVEA4.4%
• iShares Core S&P 500 ETFIVV3.4%
• State Str Spdr S&P 500 ETF TSPY2.1%
• Vanguard International Equity Index FVWO2.1%
• iShares Global Infrastructur ETFIGF2.1%
• Vanguard Real Estate ETFVNQ1.9%
• Vanguard Index FundsVV1.6%
• AppleAAPL1.4%
• AlphabetGOOGL · GOOG1.3%
• NVIDIANVDA1.2%
• Schwab US Broad Market ETFSCHB1.2%
• iShares Core S&P Midcap ETFIJH1.1%
• iShares Russell 1000 ETFIWB1.0%
• First Mid BancsharesFMBH1.0%
• Vanguard S&P 500 ETFVOO1.0%
• MicrosoftMSFT0.9%
• Micron TechnologyMU0.9%
• Vanguard International Equity Index FVNQI0.9%
• Nu HoldingsNU0.8%
• iShares Russell 3000 ETFIWV0.7%
• iShares Core S&P Small-cap E ETFIJR0.6%
• Amazon.comAMZN0.6%
• STE Str SPDR PT DW EU ETFSPDW0.5%
• Vanguard Dividend Apprec ETFVIG0.5%
• Vanguard International Equity Index FVGK0.5%
• iShares Msci Eafe ETFEFA0.5%
• BroadcomAVGO0.5%
• Vanguard International Equity Index FVPL0.4%
• Goldman Sachs Just US LRG ETFJUST0.4%
• JPMorgan ChaseJPM0.4%
• Meta PlatformsMETA0.4%
• iShares Russell 1000 Growth ETFIWF0.3%
• Invesco QQQ Trust Series 1 ETFQQQ0.3%
• Spdr Index SHS FundsSPEM0.3%
• Eli LillyLLY0.3%
• iShares Msci Eafe Small-cap ETFSCZ0.3%
• Berkshire HathawayBRK/B0.3%
• Schwab Emrg Mrkts Eqty ETFSCHE0.3%
• Lam ResearchLRCX0.3%
• Vanguard Index FundsVO0.3%
• Advanced Micro DevicesAMD0.3%
• Taiwan Semiconductor ManufacturingTSM0.3%
• Vanguard International Equity Index FVEU0.3%
• TeslaTSLA0.2%
• iShares Core Msci Europe ETFIEUR0.2%
• Johnson & JohnsonJNJ0.2%
• Vanguard Most Sm-cap ETF-usd ETFVB0.2%
• State Street Real Estate Select Sector ETFXLRE0.2%
• Vanguard Extended Market ETFVXF0.2%
• SPDR Gold Shares ETFGLD0.2%
• VisaV0.2%
• ASML HoldingASML0.2%
• Morgan StanleyMS0.2%
• MastercardMA0.1%
• Applied MaterialsAMAT0.1%
• CortevaCTVA0.1%
• AbbVieABBV0.1%
• Cisco SystemsCSCO0.1%
• IsharesEWJ0.1%
• CaterpillarCAT0.1%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.1%
• Dimensional ETF TrustDFAC0.1%
• Bank of AmericaBAC0.1%
• Goldman Sachs GroupGS0.1%
• Costco WholesaleCOST0.1%
• IntelINTC0.1%
• WalmartWMT0.1%
• iShares Russell 2000 ETFIWM0.1%
• CorningGLW0.1%
• iShares Msci Emerging Market ETFEEM0.1%
• State Street Technology Select Sector ETFXLK0.1%
• Home DepotHD0.1%
• American ExpressAXP0.1%
• Vanguard Total Bond Market ETFBND0.1%
• iShares Select U.s. Reit ETFICF0.1%
• iShares Russell 1000 Value E ETFIWD0.1%
• GE AerospaceGE0.1%
• RTXRTX0.1%
• McKESSONMCK0.1%
• AmphenolAPH0.1%
• Procter & GamblePG0.1%
• MerckMRK0.1%
• Texas InstrumentsTXN0.1%
• UnitedHealth GroupUNH0.1%
• ChevronCVX0.1%
• KLAKLAC0.1%
• Circle Internet GroupCRCL0.1%
• iShares Msci Acwi ETFACWI0.1%
• ASE Technology HoldingASX0.1%
• iShares Gold Trust ETFIAU0.1%
• GE VernovaGEV0.1%
• iShares Msci Acwi EX US ETFACWX0.1%
• Tidal Trust IJSTC0.1%
• International Business MachinesIBM0.1%
• Affirm HoldingsAFRM0.1%