Hemenway Trust portfolio

What changed this quarter

71 positions with a change (5 new, 22 added to, 38 trimmed, 6 sold); also, 1 entered through a spin-off. 2 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Advanced Micro Devices−9.1%fewer sharesReduced
  3.2% → 7.2%
• Carrier Global−80%fewer sharesReduced
  0.6% → 0.1%

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

• Advanced Micro DevicesAMD7.2%
• AlphabetGOOGL · GOOG6.4%
• NVIDIANVDA5.3%
• AppleAAPL5.1%
• Analog DevicesADI4.3%
• Applied MaterialsAMAT3.9%
• Amazon.comAMZN3.9%
• MicrosoftMSFT3.7%
• TJXTJX3.3%
• MastercardMA3.2%
• Rockwell AutomationROK3.0%
• Johnson & JohnsonJNJ2.9%
• RTXRTX2.9%
• Schneider ElecSBGSY2.8%
• Home DepotHD2.6%
• Eli LillyLLY2.5%
• Procter & GamblePG2.2%
• Abbott LaboratoriesABT2.2%
• DanaherDHR2.2%
• Automatic Data ProcessingADP2.2%
• Vertex PharmaceuticalsVRTX1.9%
• XylemXYL1.9%
• AptarGroupATR1.8%
• American ExpressAXP1.8%
• ChevronCVX1.4%
• GQG Partners Emerging MarketsGQGIX1.4%
• AMG River Road Small-mid Cap VARIMX1.4%
• Charles SchwabSCHW1.3%
• Nextera EnergyNEE1.3%
• UBER TechnologiesUBER1.2%
• Canadian National RailwayCNI1.0%
• Vanguard 500 Index AdmiralVFIAX1.0%
• BroadcomAVGO0.9%
• Waste ManagementWM0.8%
• Berkshire HathawayBRK/A · BRK/B0.7%
• CrowdStrike HoldingsCRWD0.6%
• Waste ConnectionsWCN0.5%
• Union PacificUNP0.5%
• Canadian Pacific Kansas CityCP0.5%
• AbbVieABBV0.4%
• ASML HoldingASML0.3%
• State Str Spdr S&P 500 ETF TSPY0.3%
• FPA Crescent FundFPACX0.3%
• Robeco Boston Partners Long ShBPIRX0.3%
• AmphenolAPH0.3%
• WalmartWMT0.3%
• JPMorgan ChaseJPM0.2%
• UnitedHealth GroupUNH0.2%
• Thermo Fisher ScientificTMO0.2%
• Vanguard Total Stock Mkt Idx ADMVTSAX0.1%
• EcolabECL0.1%
• Carrier GlobalCARR0.1%
• FiservFISV0.1%
• Honeywell InternationalHON0.1%
• Honeywell AerospaceHONA0.1%
• Exxon MobilXOM0.1%
• Vanguard Ftse Developed ETFVEA0.1%
• NetAppNTAP0.1%
• Vanguard International GrowthVWILX0.1%
• Costco WholesaleCOST0.1%
• iShares Russell 1000 ETFIWB0.1%
• iShares Core S&P 500 ETFIVV0.1%
• STE Str SPDR PT S&P 500 ETFSPYM0.1%
• International Business MachinesIBM0.1%
• MerckMRK0.1%
• Church & DwightCHD0.1%
• VisaV0.1%
• IntelINTC0.1%
• iShares Russell 1000 Growth ETFIWF0.1%
• EOG ResourcesEOG0.1%
• StrykerSYKunder 0.1%
• Philip Morris InternationalPMunder 0.1%
• Idexx LaboratoriesIDXXunder 0.1%
• PepsicoPEPunder 0.1%
• Toronto Dominion BankTDunder 0.1%
• NovartisNVSunder 0.1%
• McCORMICKMKCunder 0.1%
• Rowe T Price Divid Growth Fund CPRDGXunder 0.1%
• Royal Bank of CanadaRYunder 0.1%
• Mettler-Toledo InternationalMTDunder 0.1%
• Vanguard Admiral FundsVIOOunder 0.1%
• RepligenRGENunder 0.1%
• Vanguard Admiral FundsIVOOunder 0.1%
• Illinois Tool WorksITWunder 0.1%
• NestleNSRGYunder 0.1%
• Vaneck ETF TrustSMHunder 0.1%
• ChubbCBunder 0.1%
• Novo Nordisk A/sNVOunder 0.1%
• GE AerospaceGEunder 0.1%
• Coca-ColaKOunder 0.1%
• Meta PlatformsMETAunder 0.1%
• American TowerAMTunder 0.1%
• Bank of Nova ScotiaBNSunder 0.1%
• GE VernovaGEVunder 0.1%
• RIOT PlatformsRIOTunder 0.1%
• iShares Core Msci Eafe ETFIEFAunder 0.1%
• Darden RestaurantsDRIunder 0.1%
• PAX Global Environmental MktsPGINXunder 0.1%