GTS Securities portfolio

What changed this quarter

1411 positions with a change (241 new, 328 added to, 413 trimmed, 429 sold); also, 74 entered through an IPO, 24 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).

• State Str Spdr S&P 500 ETF T+884%more sharesIncreased
  3.2% → 21.5%
• iShares Core S&P 500 ETF+212%more sharesIncreased
  4.7% → 10.0%
• State Street SPDR S&P Homebldrs ETF+4,438%more sharesIncreased
  0.1% → 2.3%
• EA Series Trust−99%fewer sharesReduced
  1.7% → under 0.1%
• Vanguard S&P 500 ETF−87%fewer sharesReduced
  1.6% → 0.1%
• ProShares Ultrapro QQQ ETF−69%fewer sharesReduced
  1.3% → 0.5%
• Netflix+178%more sharesIncreased
  1.0% → 1.2%
• Vaneck ETF Trust+76%more sharesIncreased
  2.0% → 1.7%
• Direxion Shares ETF Trust−74%fewer sharesReduced
  1.2% → 1.0%
• State Street Consumer Disc Select Sect ETF−78%fewer sharesReduced
  1.4% → 0.2%
• Meta Platforms+104%more sharesIncreased
  1.1% → 1.3%
• Microsoft+45%more sharesIncreased
  2.5% → 2.1%

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 TSPY21.5%
• iShares Core S&P 500 ETFIVV10.0%
• Invesco QQQ Trust Series 1 ETFQQQ3.5%
• NVIDIANVDA2.5%
• State Street SPDR S&P Homebldrs ETFXHB2.3%
• MicrosoftMSFT2.1%
• Vaneck ETF TrustGDX1.7%
• Amazon.comAMZN1.5%
• AlphabetGOOGL · GOOG1.3%
• Micron TechnologyMU1.3%
• Meta PlatformsMETA1.3%
• NetflixNFLX1.2%
• AppleAAPL1.1%
• Palantir TechnologiesPLTR1.1%
• Direxion Shares ETF TrustSOXL1.0%
• BroadcomAVGO1.0%
• Berkshire HathawayBRK/A0.8%
• IsharesEWY0.7%
• TeslaTSLA0.7%
• iShares Russell 2000 ETFIWM0.7%
• IntelINTC0.7%
• SPDR Gold Shares ETFGLD0.6%
• Invesco Nasdaq 100 ETFQQQM0.6%
• iShares Russell 1000 Value E ETFIWD0.6%
• Vaneck ETF TrustGDXJ0.6%
• iShares U.s. Home Constructi ETFITB0.6%
• State Street Financial Select Sector ETFXLF0.6%
• Select Sector Spdr TrXLP0.5%
• iShares Asia 50 ETFAIA0.5%
• ProShares Ultrapro QQQ ETFTQQQ0.5%
• SandiskSNDK0.5%
• State Street Health Care Select Sector ETFXLV0.5%
• Vanguard Long-term Treasury ETFVGLT0.4%
• State Street Technology Select Sector ETFXLK0.4%
• Direxion Shares ETF TrustSPXL0.4%
• iShares S&P 100 ETFOEF0.4%
• Entrepreneurshares Series TrXOVR0.4%
• Advanced Micro DevicesAMD0.4%
• OracleORCL0.3%
• Fidelity High Dividend ETFFDVV0.3%
• Litman Gregory Funds TrDBMF0.3%
• STE Str SPDR PT S&P 500 ETFSPYM0.3%
• Roundhill ETF TrustDRAM0.2%
• Goldman Sachs GroupGS0.2%
• iShares S&P 500 Value ETFIVE0.2%
• IsharesPICK0.2%
• CaterpillarCAT0.2%
• iShares US Real Estate ETFIYR0.2%
• J P Morgan Exchange Traded FundJPST0.2%
• iShares Russell 1000 Growth ETFIWF0.2%
• State Street Energy Select Sector ETFXLE0.2%
• State Street Consumer Disc Select Sect ETFXLY0.2%
• iShares Russell 2000 Growth ETFIWO0.2%
• IsharesEWC0.2%
• iShares 0-3 Month Treasury B ETFSGOV0.2%
• iShares Global Clean Energy ETFICLN0.2%
• Global X Art Intel & Tech ETFAIQ0.2%
• ShellSHEL0.2%
• Procure ETF Trust IIUFO0.2%
• Amplify Blockchain Tech ETFBLOK0.2%
• Western DigitalWDC0.2%
• State Str Spdr DOW Jones INDDIA0.2%
• Northern LTS Fund Tr IVPTL0.2%
• American Centy ETF TrAVIG0.2%
• Schwab Crypto Tnlp ETFSTCE0.2%
• Direxion Shares ETF TrustMUU0.2%
• Profesionally Managed PortfoAKRE0.2%
• Palo Alto NetworksPANW0.2%
• St SR UTL SL SE SPDR ETF-usd ETFXLU0.2%
• Goldman Sachs Access Treasur ETFGBIL0.2%
• Invesco S&P 500 Low Volatili ETFSPLV0.2%
• Vanguard Extended Market ETFVXF0.1%
• iShares Global Tech ETFIXN0.1%
• EA Series TrustFRDM0.1%
• Global X Blockchain ETFBKCH0.1%
• EA Series TrustEMPB0.1%
• ETF SER SolutionsJETS0.1%
• State Street SPDR BB 1-3m T-bill ETFBIL0.1%
• Direxion Shares ETF TrustFAS0.1%
• iShares Core S&P Midcap ETFIJH0.1%
• Vanguard S&P 500 ETFVOO0.1%
• Vanguard Index FundsVBK0.1%
• iShares Select Dividend ETFDVY0.1%
• ARK Space & Defense Innovati ETFARKX0.1%
• ARK Blockchain & Fintech INN ETFARKF0.1%
• Exchange Traded Concepts TRUTHNQ0.1%
• Global X Cybersecurity ETFBUG0.1%
• Vanguard Russell 1000 Growth ETFVONG0.1%
• Capital Group Global EquityCGGE0.1%
• Vaneck ETF TrustSLX0.1%
• Invesco S&P 500 High Beta ET ETFSPHB0.1%
• iShares S&P 500 Growth ETFIVW0.1%
• iShares U.s. Broker-dealers ETFIAI0.1%
• QualcommQCOM0.1%
• WisdomTree EFF Gold PL Miner ETFGDMN0.1%
• First Trust Nasdq 100 Tech I ETFQTEC0.1%
• ProShares Ultra S&p500 ETFSSO0.1%
• First Trust DJ Internet IND ETFFDN0.1%
• Direxion Shares ETF TrustMRVU0.1%