Alaska Permanent Capital Management portfolio

What changed this quarter

29 positions with a change (4 new, 11 added to, 12 trimmed, 2 sold). 2 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Vanguard Total International Bond ETF−33%fewer sharesReduced
  5.2% → 3.3%
• Ishares−8.4%fewer sharesReduced
  6.7% → 6.8%

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

• State Str Spdr S&P 500 ETF TSPY20.2%
• iShares Core S&P Midcap ETFIJH11.9%
• Vanguard Total Bond Market ETFBND10.7%
• iShares Core Msci Eafe ETFIEFA7.7%
• IsharesIEMG6.8%
• iShares Core S&P 500 ETFIVV6.7%
• iShares Core S&P Small-cap E ETFIJR5.6%
• Flexshares TrNFRA5.4%
• New York Life Investments ETQAI3.9%
• J P Morgan Exchange Traded FundBBRE3.4%
• Vanguard Total International Bond ETFBNDX3.3%
• Abrdn EtfsBCD2.9%
• iShares Core S&P Total U.s ETFITOT2.4%
• iShares Intermediate Governm ETFGVI1.9%
• Vanguard Short-term Tips ETFVTIP1.7%
• State Street SPDR P High Yield ETFSPHY1.4%
• Vanguard Short-term Bond ETFBSV1.0%
• First Trst Nasd CL EDG Sgiif ETFGRID0.6%
• iShares Semiconductor ETFSOXX0.6%
• J P Morgan Exchange Traded FundHELO0.6%
• First Trust Nasdaq Semicondu ETFFTXL0.6%
• Global X US Infrastructure ETFPAVE0.3%
• State Street SPDR N ICE St Muni ETFSHM0.2%
• J P Morgan Exchange Traded FundBBCA0.1%
• iShares 3-7 Year Treasury BO ETFIEI0.1%
• iShares 0-1 Year Treasury BO ETFSHV0.1%
• NVIDIANVDAunder 0.1%
• Invesco Bulletshares 2032 HY ETFBSJWunder 0.1%
• J P Morgan Exchange Traded FundHOLAunder 0.1%
• iShares Ibond 2026 HY ETFIBHFunder 0.1%
• iShares 0-3 Month Treasury B ETFSGOVunder 0.1%
• iShares 0-5 Year Tips Bond E ETFSTIPunder 0.1%
• Invesco Bulletshares 2030 HY ETFBSJUunder 0.1%
• iShares 1-5y INV Grade ETFIGSBunder 0.1%
• Invesco Bulletshares 2031 HY ETFBSJVunder 0.1%
• Inno Int DEV Power Buff DEC ETFIDECunder 0.1%
• Innovator Etfs TrustBALTunder 0.1%
• iShares Ibonds 2029 TM HY In ETFIBHIunder 0.1%
• Invesco Bulletshares 2028 HY ETFBSJSunder 0.1%
• Invesco Bulletshares 2027 HY ETFBSJRunder 0.1%
• Innovator EM 10 B ETF QuartEBUFunder 0.1%