Harel Insurance Investments & Financial Services portfolio

What changed this quarter

440 positions with a change (58 new, 154 added to, 181 trimmed, 47 sold); also, 1 entered through an IPO. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Teva Pharmaceutical-sp−28%fewer sharesReduced
  8.0% → 6.5%
• GE Vernova+88%more sharesIncreased
  1.7% → 2.5%
• Alphabet+25%more sharesIncreased
  4.6% → 5.3%
• Tower Semiconductor+35%more sharesIncreased
  2.9% → 3.3%
• Roundhill ETF Trust+0.8 ppof portfolioNew
  — → 0.8%
• Amazon.com+28%more sharesIncreased
  2.6% → 3.4%
• Microsoft−18%fewer sharesReduced
  3.1% → 3.4%
• Invesco KBW Bank ETF+270,589%more sharesIncreased
  under 0.1% → 0.7%
• Meta Platforms+24%more sharesIncreased
  2.3% → 3.6%
• NVIDIA+13%more sharesIncreased
  4.3% → 5.4%
• Vaneck ETF Trust+56%more sharesIncreased
  1.1% → 1.6%
• Space Exploration Technologies+0.5 ppof portfolioNew
  — → 0.5%

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

• Teva Pharmaceutical-spTEVA6.5%
• AlphabetGOOGL · GOOG5.5%
• NVIDIANVDA5.4%
• AppleAAPL4.4%
• NovaNVMI4.0%
• Meta PlatformsMETA3.6%
• MicrosoftMSFT3.4%
• Amazon.comAMZN3.4%
• Taiwan Semiconductor ManufacturingTSM3.4%
• Tower SemiconductorTSEM3.3%
• State Street Health Care Select Sector ETFXLV2.7%
• GE VernovaGEV2.5%
• iShares Semiconductor ETFSOXX2.4%
• State Street Industrial Select Sector ETFXLI2.3%
• Global X US Infrastructure ETFPAVE2.0%
• CamtekCAMT1.6%
• Cheniere EnergyLNG1.6%
• BroadcomAVGO1.6%
• MongodbMDB1.6%
• Goldman Sachs GroupGS1.6%
• Vaneck ETF TrustSMH1.6%
• SnowflakeSNOW1.5%
• iShares Msci Acwi ETFACWI1.5%
• KLAKLAC1.5%
• Global X Defense Tech ETFSHLD1.5%
• Vanguard Info Tech ETFVGT1.4%
• Fidelity Msci Comm Serv Indx ETFFCOM1.4%
• DatadogDDOG1.3%
• Lam ResearchLRCX1.3%
• State Street Technology Select Sector ETFXLK1.2%
• Morgan StanleyMS1.1%
• First Trust Indxx Aero & DEF ETFMISL1.0%
• GE AerospaceGE1.0%
• Palo Alto NetworksPANW0.9%
• Enlight Renewable EnergyENLT0.9%
• Elbit SystemsESLT0.9%
• Roundhill ETF TrustDRAM0.8%
• iShares US Consumer Discreti ETFIYC0.8%
• Global X Copper Miners ETFCOPX0.8%
• eToro GroupETOR0.7%
• Global-E OnlineGLBE0.7%
• Invesco KBW Bank ETFKBWB0.7%
• Costco WholesaleCOST0.7%
• WalmartWMT0.6%
• Pershing Square USAPSUS0.6%
• State Street Consumer Disc Select Sect ETFXLY0.6%
• Ormat TechnologiesORA0.6%
• Pimco Senior Loan Active ETFLONZ0.5%
• Space Exploration TechnologiesSPCX0.5%
• NICENICE0.5%
• Solaredge TechnologiesSEDG0.5%
• OracleORCL0.4%
• Pershing SquarePS0.3%
• Invesco Exchange Traded Fund TRSPD0.3%
• Invesco QQQ Trust Series 1 ETFQQQ0.3%
• IsharesEWJ0.3%
• Enphase EnergyENPH0.2%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.2%
• Micron TechnologyMU0.2%
• Dell TechnologiesDELL0.2%
• CloudflareNET0.2%
• State Str Spdr S&P 500 ETF TSPY0.2%
• Advanced Micro DevicesAMD0.2%
• WisdomTree U.s. Value FundWTV0.1%
• Hewlett Packard EnterpriseHPE0.1%
• Ishares TrLQD0.1%
• NutanixNTNX0.1%
• DBX ETF TrASHR0.1%
• Lumentum HoldingsLITE0.1%
• RTXRTX0.1%
• Lockheed MartinLMT0.1%
• BoeingBA0.1%
• ARM HoldingsARM0.1%
• Palantir TechnologiesPLTR0.1%
• ZIM Integrated Shipping ServicesZIM0.1%
• Invesco Nasdaq 100 ETFQQQM0.1%
• General DynamicsGD0.1%
• Texas InstrumentsTXN0.1%
• Howmet AerospaceHWM0.1%
• State Street SPDR S&P Biotech ETFXBI0.1%
• ServiceNowNOW0.1%
• Vanguard International Equity Index FVEU0.1%
• CaterpillarCAT0.1%
• TwilioTWLO0.1%
• IntelINTC0.1%
• FastlyFSLY0.1%
• Northrop GrummanNOC0.1%
• TeslaTSLA0.1%
• Analog DevicesADI0.1%
• Nu HoldingsNU0.1%
• AtlassianTEAM0.1%
• Franklin Ftse India ETFFLIN0.1%
• MercadoLibreMELI0.1%
• RingCentralRNG0.1%
• Exxon MobilXOM0.1%
• Akamai TechnologiesAKAM0.1%
• ON SemiconductorONunder 0.1%
• JPMorgan ChaseJPMunder 0.1%
• AirbnbABNBunder 0.1%