Sfmg portfolio

What changed this quarter

228 positions with a change (31 new, 104 added to, 80 trimmed, 13 sold); also, 3 entered through an IPO, 1 exited through an acquisition or merger, 1 entered through a spin-off. 1 is listed here: those of 0.5 points of the portfolio or more (up to 12).

• Pacer Trendpilot US Large CA ETF+5.6%more sharesIncreased
  9.0% → 9.4%

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

• Atmos EnergyATO11.1%
• Pacer Trendpilot US Large CA ETFPTLC9.4%
• Invesco Exchange Traded Fund TSPHQ9.4%
• Goldman Activebeta US LC ETFGSLC7.5%
• State Street SPDR Msci U Stratfact ETFQUS6.4%
• Vaneck ETF TrustMOAT4.3%
• AppleAAPL4.1%
• Berkshire HathawayBRK/B · BRK/A3.5%
• iShares Core S&P 500 ETFIVV2.3%
• Applied MaterialsAMAT2.2%
• Pacer US Cash Cows 100 ETFCOWZ2.1%
• NVIDIANVDA2.1%
• AlphabetGOOG · GOOGL2.0%
• Advanced Micro DevicesAMD1.7%
• Amazon.comAMZN1.5%
• MicrosoftMSFT1.4%
• Schwab Long-term US Treasury ETFSCHQ1.2%
• J P Morgan Exchange Traded FundJEPI1.0%
• State Str Spdr S&P 500 ETF TSPY1.0%
• RTXRTX0.8%
• WalmartWMT0.8%
• Palo Alto NetworksPANW0.7%
• Fidelity Disruptors ETFFDIF0.6%
• CSXCSX0.5%
• VisaV0.5%
• Schwab US Large-cap ETFSCHX0.5%
• BroadcomAVGO0.4%
• Verizon CommunicationsVZ0.4%
• ConocoPhillipsCOP0.4%
• Intuitive SurgicalISRG0.4%
• Ares CapitalARCC0.4%
• Invesco QQQ Trust Series 1 ETFQQQ0.4%
• First Trust Nasdq 100 Tech I ETFQTEC0.4%
• Novo Nordisk A/sNVO0.4%
• JPMorgan ChaseJPM0.4%
• Meta PlatformsMETA0.4%
• Blackstone Secured Lending FundBXSL0.3%
• TeslaTSLA0.3%
• BlackRockBLK0.3%
• Vanguard S&P 500 ETFVOO0.3%
• Thermo Fisher ScientificTMO0.3%
• SLBSLB0.3%
• KLAKLAC0.3%
• Costco WholesaleCOST0.3%
• iShares Expanded Tech-softwa ETFIGV0.3%
• First Trust Nasdaq Cybersecu ETFCIBR0.3%
• Eli LillyLLY0.3%
• SalesforceCRM0.2%
• Seagate Technology HoldingsSTX0.2%
• Vanguard Index FundsVTI0.2%
• Johnson & JohnsonJNJ0.2%
• SPDR Gold Shares ETFGLD0.2%
• iShares 20+ Year Treasury BD ETFTLT0.2%
• Honeywell InternationalHON0.2%
• Honeywell AerospaceHONA0.2%
• AdobeADBE0.2%
• Fidelity Wise Origin BitcoinFBTC0.2%
• Exxon MobilXOM0.2%
• State Street SPDR P S&P 1500 Comp ETFSPTM0.2%
• Innovator Etfs TrustBALT0.2%
• Micron TechnologyMU0.2%
• Western DigitalWDC0.2%
• WisdomTree Floating Rate TRE ETFUSFR0.2%
• State Street Health Care Select Sector ETFXLV0.2%
• Invesco Nasdaq 100 ETFQQQM0.1%
• Morgan Stanley Direct Lending FundMSDL0.1%
• Vaneck ETF TrustSMH0.1%
• Hilton Worldwide HoldingsHLT0.1%
• iShares 0-3 Month Treasury B ETFSGOV0.1%
• Cisco SystemsCSCO0.1%
• Amplify CWP Enhan Divid ETFDIVO0.1%
• Palantir TechnologiesPLTR0.1%
• iShares Russell 1000 Growth ETFIWF0.1%
• CaterpillarCAT0.1%
• McKESSONMCK0.1%
• State Street SPDR P S&P 500 Growth ETFSPYG0.1%
• W. P. CareyWPC0.1%
• Dell TechnologiesDELL0.1%
• lululemon athleticaLULU0.1%
• Pershing Square USAPSUS0.1%
• Vertex PharmaceuticalsVRTX0.1%
• EatonETN0.1%
• Innovator U.s. Equity Power ETFPAPR0.1%
• Texas InstrumentsTXN0.1%
• ZoetisZTS0.1%
• Vanguard Tax-exempt Bond ETFVTEB0.1%
• Home DepotHD0.1%
• PepsicoPEP0.1%
• Granite Ridge ResourcesGRNT0.1%
• Republic ServicesRSG0.1%
• Darling IngredientsDAR0.1%
• Fidelity Msci Info Tech Indx ETFFTEC0.1%
• AbbVieABBV0.1%
• Jacobs SolutionsJ0.1%
• NetflixNFLX0.1%
• ChevronCVX0.1%
• International Business MachinesIBM0.1%
• McDONALD’SMCD0.1%