RiverFront Investment Group portfolio

What changed this quarter

391 positions with a change (72 new, 250 added to, 39 trimmed, 30 sold); also, 1 entered through a spin-off. 9 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Invesco Short Term Treasury ETF−2.4 ppof portfolioSold out
  2.8% → —
• J P Morgan Exchange Traded Fund+57%more sharesIncreased
  2.0% → 2.9%
• Global X Funds+0.9 ppof portfolioNew
  — → 0.9%
• Global X US Infrastructure ETF+67%more sharesIncreased
  1.3% → 2.1%
• J P Morgan Exchange Traded Fund−42%fewer sharesReduced
  2.1% → 1.1%
• STE Str SPDR PT S&P 500 ETF+53%more sharesIncreased
  1.5% → 2.2%
• iShares -3 Year Internationa ETF+0.7 ppof portfolioNew
  — → 0.7%
• iShares Core Msci Eafe ETF+15%more sharesIncreased
  4.6% → 4.8%
• J P Morgan Exchange Traded Fund−16%fewer sharesReduced
  3.7% → 2.6%

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

• iShares Core Msci Eafe ETFIEFA4.8%
• Vaneck ETF TrustSMH3.8%
• Goldman Activebeta US LC ETFGSLC3.5%
• iShares Ustechnology ETFIYW3.5%
• AppleAAPL3.4%
• State Street Technology Select Sector ETFXLK3.2%
• iShares Msci Eafe Value ETFEFV3.0%
• NVIDIANVDA3.0%
• J P Morgan Exchange Traded FundJIVE2.9%
• State Street SPDR P AGG Bond ETFSPAB2.6%
• J P Morgan Exchange Traded FundJEPI2.6%
• Schwab 5-10 Year Corporate B ETFSCHI2.5%
• AlphabetGOOG · GOOGL2.3%
• Vanguard Total Bond Market ETFBND2.3%
• Invesco QQQ Trust Series 1 ETFQQQ2.3%
• STE Str SPDR PT S&P 500 ETFSPYM2.2%
• Global X US Infrastructure ETFPAVE2.1%
• iShares U.s. Financial Servi ETFIYG1.8%
• MicrosoftMSFT1.8%
• iShares Core S&P 500 ETFIVV1.8%
• Janus Henderson AAA CLO ETFJAAA1.8%
• iShares 10-20 Year Treasury ETFTLH1.8%
• J P Morgan Exchange Traded FundJEPQ1.7%
• Amazon.comAMZN1.6%
• iShares 7-10 Year Treasury B ETFIEF1.5%
• IsharesEMXC1.4%
• IsharesIEMG1.3%
• iShares 1-5y INV Grade ETFIGSB1.2%
• State Street Health Care Select Sector ETFXLV1.1%
• State Street Industrial Select Sector ETFXLI1.1%
• J P Morgan Exchange Traded FundJPST1.1%
• JPMorgan ChaseJPM0.9%
• Global X FundsCHPX0.9%
• Berkshire HathawayBRK/B0.9%
• Vanguard Intermediate-term T ETFVGIT0.8%
• Lattice Strategies TrHDUS0.8%
• WalmartWMT0.8%
• State Street Comm Select Sector SPDR ETFXLC0.8%
• State Street Consumer Disc Select Sect ETFXLY0.8%
• iShares -3 Year Internationa ETFISHG0.7%
• Vanguard Int-term Corporate ETFVCIT0.7%
• Vanguard S/t Corp Bond ETFVCSH0.7%
• iShares Msci Europe Financia ETFEUFN0.7%
• Pimco Multisector Bond Actv ETFPYLD0.7%
• J P Morgan Exchange Traded FundBBCA0.6%
• iShares 10+ Year INV GR ETFIGLB0.6%
• Hartford Insurance GroupHIG0.5%
• Eli LillyLLY0.5%
• Pimco 25+ Yr Zero CPN US TIF ETFZROZ0.5%
• State Street Energy Select Sector ETFXLE0.5%
• VisaV0.5%
• United Parcel ServiceUPS0.4%
• Invesco Bulletshares 2029 CB ETFBSCT0.4%
• Palantir TechnologiesPLTR0.4%
• Coca-ColaKO0.3%
• Procter & GamblePG0.3%
• BroadcomAVGO0.3%
• State Street Materials Select Sector ETFXLB0.3%
• Taiwan Semiconductor ManufacturingTSM0.3%
• Exxon MobilXOM0.3%
• CaterpillarCAT0.3%
• iShares U.s. Medical Devices ETFIHI0.3%
• TeslaTSLA0.3%
• Select Sector Spdr TrXLP0.2%
• TargetTGT0.2%
• Johnson & JohnsonJNJ0.2%
• Alps Dynamic US Dividend ADV ETFRFDA0.2%
• iShares Expanded Tech-softwa ETFIGV0.2%
• AbbVieABBV0.2%
• Home DepotHD0.2%
• iShares California Muni Bond ETFCMF0.2%
• Bank of AmericaBAC0.2%
• Lowe'sLOW0.2%
• DBX ETF TrHDEF0.2%
• GE VernovaGEV0.2%
• NetflixNFLX0.2%
• Invesco Nasdaq 100 ETFQQQM0.2%
• PNC Financial Services GroupPNC0.2%
• SalesforceCRM0.2%
• Micron TechnologyMU0.1%
• AdobeADBE0.1%
• iShares Core S&P Midcap ETFIJH0.1%
• MerckMRK0.1%
• First Tr Exch Traded Fund IIIAFDM0.1%
• State Street SPDR BB St HI Yield ETFSJNK0.1%
• ChevronCVX0.1%
• Marathon PetroleumMPC0.1%
• Meta PlatformsMETA0.1%
• IntuitINTU0.1%
• Trane TechnologiesTT0.1%
• FiservFISV0.1%
• J P Morgan Exchange Traded FundJMUB0.1%
• Advanced Micro DevicesAMD0.1%
• McDONALD’SMCD0.1%
• RTXRTX0.1%
• International Business MachinesIBM0.1%
• Vanguard Long-term Corp Bond ETFVCLT0.1%
• Cisco SystemsCSCO0.1%
• SouthernSO0.1%