Prelude Capital Management portfolio

What changed this quarter

1424 positions with a change (389 new, 324 added to, 354 trimmed, 357 sold); also, 9 entered through an IPO, 40 exited through an acquisition or merger, 1 entered through a spin-off. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Micron Technology−73%fewer sharesReduced
  1.2% → 1.0%
• Janus Henderson Group+295%more sharesIncreased
  0.3% → 1.1%
• Seagate Technology Holdings−93%fewer sharesReduced
  0.9% → 0.1%
• Meta Platforms−75%fewer sharesReduced
  1.2% → 0.3%
• Roku+655%more sharesIncreased
  0.1% → 0.8%
• Nuvalent+0.6 ppof portfolioNew
  — → 0.6%
• Appian−97%fewer sharesReduced
  0.7% → under 0.1%
• Vanguard S&P 500 ETF+0.6 ppof portfolioNew
  — → 0.6%
• Chart Industries+59%more sharesIncreased
  0.9% → 1.4%
• Stellar Bancorp+345%more sharesIncreased
  0.1% → 0.7%
• Apogee Therapeutics+877%more sharesIncreased
  under 0.1% → 0.6%
• Coherent−79%fewer sharesReduced
  0.5% → 0.2%

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

• Warner Bros. DiscoveryWBD1.5%
• Chart Industries1.4%
• Brighthouse FinancialBHF1.4%
• SPDR Gold Shares ETFGLD1.3%
• Norfolk SouthernNSC1.1%
• Janus Henderson GroupJHG1.1%
• Micron TechnologyMU1.0%
• NVIDIANVDA0.9%
• PenumbraPEN0.8%
• RokuROKU0.8%
• FluorFLR0.8%
• Western DigitalWDC0.8%
• Taiwan Semiconductor ManufacturingTSM0.7%
• Amazon.comAMZN0.7%
• Talkspace0.7%
• MicrosoftMSFT0.7%
• AESAES0.7%
• Core Natural ResourcesCNR0.7%
• UnifirstUNF0.7%
• Stellar Bancorp0.7%
• Nuvalent0.6%
• Two Harbors Investment0.6%
• TXNM EnergyTXNM0.6%
• Vanguard S&P 500 ETFVOO0.6%
• Electronic ArtsEA0.6%
• Apogee Therapeutics0.6%
• DigitalBridge GroupDBRG0.6%
• AlphabetGOOG0.5%
• KenvueKVUE0.5%
• OracleORCL0.5%
• CenteneCNC0.5%
• Webster FinancialWBS0.5%
• iShares 0-3 Month Treasury B ETFSGOV0.5%
• Fortune Brands InnovationsFBIN0.5%
• Bio-techneTECH0.5%
• Acadia HealthcareACHC0.5%
• Graphic Packaging HoldingGPK0.5%
• TD SynnexSNX0.4%
• IntuitINTU0.4%
• Pg&ePCG0.4%
• Caesars EntertainmentCZR0.4%
• CrocsCROX0.4%
• Allied GoldAAUC0.4%
• QorvoQRVO0.4%
• Turning Point BrandsTPB0.4%
• CompassCOMP0.4%
• Universal Technical InstituteUTI0.4%
• TEVA Pharmaceutical IndustriesTEVA0.4%
• United Parcel ServiceUPS0.4%
• AdobeADBE0.4%
• Newell BrandsNWL0.4%
• CbizCBZ0.4%
• PrecigenPGEN0.4%
• BackblazeBLZE0.4%
• Eton PharmaceuticalsETON0.4%
• VersigentVGNT0.4%
• Robinhood MarketsHOOD0.4%
• Lincoln Educational ServicesLINC0.4%
• Priority Technology HoldingsPRTH0.4%
• Capri HoldingsCPRI0.4%
• TripadvisorTRIP0.4%
• HNIHNI0.4%
• Clean HarborsCLH0.3%
• SLBSLB0.3%
• PENN EntertainmentPENN0.3%
• WW InternationalWW0.3%
• BKVBKV0.3%
• Clear Channel Outdoor HoldingsCCO0.3%
• EquinixEQIX0.3%
• Primo BrandsPRMB0.3%
• DHT HoldingsDHT0.3%
• MSA SafetyMSA0.3%
• MonroMNRO0.3%
• Versant Media GroupVSNT0.3%
• Cavco IndustriesCVCO0.3%
• WorkdayWDAY0.3%
• Roivant SciencesROIV0.3%
• Advance Auto PartsAAP0.3%
• GPGIGPGI0.3%
• UBER TechnologiesUBER0.3%
• Fair IsaacFICO0.3%
• Advanced Micro DevicesAMD0.3%
• Cannae HoldingsCNNE0.3%
• DauchDCH0.3%
• Taylor Morrison HomeTMHC0.3%
• Take-two Interactive SoftwareTTWO0.3%
• Build-a-bear WorkshopBBW0.3%
• Applied MaterialsAMAT0.3%
• Meta PlatformsMETA0.3%
• Sotera HealthSHC0.3%
• AppLovinAPP0.3%
• Surgery PartnersSGRY0.3%
• MasterCraft Boat HoldingsMCFT0.3%
• Boyd Group ServicesBGSI0.3%
• Resideo TechnologiesREZI0.3%
• Antero ResourcesAR0.3%
• LiveRamp HoldingsRAMP0.2%
• Baker HughesBKR0.2%
• MKSMKSI0.2%
• NokiaNOK0.2%