Keel Point portfolio

What changed this quarter

407 positions with a change (70 new, 203 added to, 116 trimmed, 18 sold); also, 1 entered through an IPO, 1 exited through an acquisition or merger, 2 entered through a spin-off. 4 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Vanguard S&P 500 ETF+13%more sharesIncreased
  19.8% → 22.6%
• State Str Spdr S&P 500 ETF T−48%fewer sharesReduced
  3.4% → 1.8%
• Vanguard Ftse Developed ETF+17%more sharesIncreased
  4.8% → 5.6%
• iShares Msci Eafe ETF−22%fewer sharesReduced
  2.6% → 1.9%

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 S&P 500 ETFVOO22.6%
• Vanguard Ftse Developed ETFVEA5.6%
• iShares Core U.s. Aggregate ETFAGG3.1%
• iShares Russell 1000 ETFIWB3.0%
• NetflixNFLX2.7%
• AppleAAPL2.2%
• SPDR Gold Shares ETFGLD2.0%
• iShares Msci Eafe ETFEFA1.9%
• NVIDIANVDA1.8%
• State Str Spdr S&P 500 ETF TSPY1.8%
• AlphabetGOOGL · GOOG1.6%
• STE Str SPDR PT S&P 500 ETFSPYM1.6%
• iShares 7-10 Year Treasury B ETFIEF1.6%
• Vanguard Extended Market ETFVXF1.4%
• Amazon.comAMZN1.3%
• TeslaTSLA1.3%
• iShares Russell 1000 Growth ETFIWF1.2%
• iShares Russell 1000 Value E ETFIWD1.2%
• iShares Msci Emerging Market ETFEEM0.9%
• Berkshire HathawayBRK/A · BRK/B0.9%
• MicrosoftMSFT0.9%
• iShares 10-20 Year Treasury ETFTLH0.9%
• Vanguard World FundMGC0.8%
• Booking HoldingsBKNG0.8%
• iShares Core S&P Small-cap E ETFIJR0.7%
• Intuitive SurgicalISRG0.7%
• SouthernSO0.6%
• iShares Core S&P 500 ETFIVV0.6%
• BlackRock ETF Trust IICLOA0.6%
• Invesco QQQ Trust Series 1 ETFQQQ0.6%
• iShares Core S&P Midcap ETFIJH0.6%
• iShares 3-7 Year Treasury BO ETFIEI0.5%
• Home DepotHD0.5%
• CaterpillarCAT0.4%
• BroadcomAVGO0.4%
• VisaV0.4%
• iShares Msci Acwi ETFACWI0.4%
• WalmartWMT0.4%
• American Centy ETF TrAVLV0.4%
• Vanguard Total Bond Market ETFBND0.4%
• JPMorgan ChaseJPM0.4%
• Johnson & JohnsonJNJ0.4%
• iShares Silver Trust ETFSLV0.4%
• Meta PlatformsMETA0.4%
• First Tr Exchng Traded Fund VIUCON0.3%
• Vanguard Index FundsVTI0.3%
• AmphenolAPH0.3%
• State Street Technology Select Sector ETFXLK0.3%
• Rocket LabRKLB0.3%
• Simplify MBS ETFMTBA0.3%
• Micron TechnologyMU0.3%
• Vanguard Real Estate ETFVNQ0.3%
• StrykerSYK0.3%
• MerckMRK0.3%
• Vanguard Index FundsVOT0.3%
• iShares 1-3 Year Treasury BO ETFSHY0.3%
• Eli LillyLLY0.3%
• Vanguard Mrngstar GR ETF-sui ETFVUG0.3%
• International Business MachinesIBM0.3%
• iShares Trust iShares ESG AW ETFESGD0.2%
• IsharesIEMG0.2%
• Cisco SystemsCSCO0.2%
• Coca-ColaKO0.2%
• FastenalFAST0.2%
• LindeLIN0.2%
• Lam ResearchLRCX0.2%
• Illinois Tool WorksITW0.2%
• iShares Russell Top 200 Grow ETFIWY0.2%
• Thermo Fisher ScientificTMO0.2%
• QualcommQCOM0.2%
• Sherwin-williamsSHW0.2%
• Applied MaterialsAMAT0.2%
• iShares Semiconductor ETFSOXX0.2%
• Church & DwightCHD0.2%
• Motorola SolutionsMSI0.2%
• Exxon MobilXOM0.2%
• iShares Msci Acwi EX US ETFACWX0.2%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.2%
• MercadoLibreMELI0.2%
• Advanced Micro DevicesAMD0.2%
• AbbVieABBV0.2%
• Intercontinental ExchangeICE0.2%
• iShares Msci USA Quality FAC ETFQUAL0.2%
• iShares Core S&P Total U.s ETFITOT0.2%
• Check Point Software TechnologiesCHKP0.2%
• Ishares TrLQD0.2%
• Vanguard Most Sm-cap ETF-usd ETFVB0.2%
• Roper TechnologiesROP0.2%
• Automatic Data ProcessingADP0.2%
• First Trust Smid Cap Rising ETFSDVY0.2%
• CintasCTAS0.1%
• RTXRTX0.1%
• Arista NetworksANET0.1%
• iShares Core International Stock ETFIXUS0.1%
• Vanguard Dividend Apprec ETFVIG0.1%
• Walt DisneyDIS0.1%
• Invesco Bulletshares 2026 CB ETFBSCQ0.1%
• Boston ScientificBSX0.1%