Berkshire Money Management portfolio

What changed this quarter

118 positions with a change (92 new, 11 added to, 14 trimmed, 1 sold). 8 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Innovator U.s. Small Cap POW ETF+5.6 ppof portfolioNew
  — → 5.6%
• Innovator Etfs Trust−85%fewer sharesReduced
  6.8% → 1.0%
• Innovator U.s. Equity Power ETF+1,104%more sharesIncreased
  0.2% → 2.3%
• Innovator U.s. Equity Power ETF−87%fewer sharesReduced
  2.5% → 0.3%
• Invesco Exchange Traded Fund T−85%fewer sharesReduced
  2.1% → 0.3%
• iShares Russell 2000 Value E ETF+0.9 ppof portfolioNew
  — → 0.9%
• Inno Int DEV Power Buff NOV ETF−0.8 ppof portfolioSold out
  0.9% → —
• Innovator International Deve ETF+0.8 ppof portfolioNew
  — → 0.8%

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 TSPY22.3%
• State Str Spdr DOW Jones INDDIA9.0%
• Invesco QQQ Trust Series 1 ETFQQQ6.6%
• Invesco Exchange Traded Fund TRSP5.7%
• Vanguard Dividend Apprec ETFVIG5.6%
• Innovator U.s. Small Cap POW ETFKJUL5.6%
• State Street SPDR BB St HI Yield ETFSJNK3.6%
• Vanguard Ftse Developed ETFVEA3.1%
• iShares S&P 500 Value ETFIVE3.0%
• Vanguard Short-term Bond ETFBSV2.9%
• iShares Russell 1000 Growth ETFIWF2.5%
• Innovator U.s. Equity Power ETFPJUL2.3%
• Vanguard Mrngstar GR ETF-sui ETFVUG2.2%
• iShares International Select ETFIDV2.1%
• Vaneck ETF TrustMOAT2.1%
• State Street SPDR BB 1-3m T-bill ETFBIL2.0%
• Exchange Traded Concepts TRUTHNQ1.9%
• State Street SPDR BB High Yield Bond ETFJNK1.5%
• Innovator Etfs TrustKNOV1.0%
• iShares Russell 2000 Value E ETFIWN0.9%
• Innovator International Deve ETFIJUL0.8%
• AppleAAPL0.8%
• iShares Russell 2000 ETFIWM0.8%
• Tidal Trust IGRNY0.7%
• Innovator Etfs TrustKAUG0.6%
• Innovator U.s. Small Cap POW ETFKJAN0.6%
• Direxion Shares ETF TrustQQQE0.5%
• Innovator U.s. Equity Buffer ETFBFEB0.4%
• NVIDIANVDA0.3%
• MicrosoftMSFT0.3%
• Innovator U.s. Equity Power ETFPNOV0.3%
• Vanguard S&P 500 ETFVOO0.3%
• Invesco Exchange Traded Fund TIGPT0.3%
• Innovator U.s. Equity Buffer ETFBOCT0.3%
• Amazon.comAMZN0.3%
• AlphabetGOOGL · GOOG0.3%
• Innovator U.s. Equity Ultra ETFUSEP0.2%
• Innovator U.s. Equity Power ETFPJUN0.2%
• iShares S&P 100 ETFOEF0.2%
• BroadcomAVGO0.2%
• Innovator U.s. Small Cap POW ETFKAPR0.2%
• Vaneck ETF TrustSMH0.2%
• Innovator U.s. Equity Buffer ETFBJUL0.2%
• Exxon MobilXOM0.2%
• Vanguard Index FundsVOT0.2%
• iShares Core S&P 500 ETFIVV0.2%
• Vanguard Russell 1000 ETFVONE0.1%
• State Str Spdr S&P Midcap 40MDY0.1%
• Vanguard Index FundsVV0.1%
• Innovator U.s. Equity Buffer ETFBJAN0.1%
• Advanced Micro DevicesAMD0.1%
• Vanguard S/t Corp Bond ETFVCSH0.1%
• Meta PlatformsMETA0.1%
• RTXRTX0.1%
• iShares Expanded Tech-softwa ETFIGV0.1%
• Innovator U.s. Equity Buffer ETFBAPR0.1%
• Berkshire HathawayBRK/B0.1%
• Innovator U.s. Equity Buffer ETFBNOV0.1%
• Innovator Etfs TrustKDEC0.1%
• Innovator U.s. Equity Ultra ETFUJAN0.1%
• STMicroelectronicsSTM0.1%
• Elevance HealthELV0.1%
• Lockheed MartinLMT0.1%
• State Street Health Care Select Sector ETFXLV0.1%
• Innovator Growth 100 Power B ETFNJAN0.1%
• Micron TechnologyMU0.1%
• Costco WholesaleCOST0.1%
• iShares Msci USA Min Vol FAC ETFUSMV0.1%
• VisaV0.1%
• Vanguard World FundMGK0.1%
• Innovator U.s. Equity Buffer ETFBSEP0.1%
• First Trust DJ Internet IND ETFFDN0.1%
• Innovator U.s. Equity Buffer ETFBAUG0.1%
• JPMorgan ChaseJPMunder 0.1%
• SPDR Gold Shares ETFGLDunder 0.1%
• iShares Russell 1000 Value E ETFIWDunder 0.1%
• Park NationalPRKunder 0.1%
• Parker-hannifinPHunder 0.1%
• iShares 0-3 Month Treasury B ETFSGOVunder 0.1%
• Invesco Bulletshares 2026 CB ETFBSCQunder 0.1%
• State Street Industrial Select Sector ETFXLIunder 0.1%
• Coca-ColaKOunder 0.1%
• Invesco S&P 500 Low Volatili ETFSPLVunder 0.1%
• Vanguard Admiral FundsVOOVunder 0.1%
• TeslaTSLAunder 0.1%
• State Street SPDR S&P Regional Bank ETFKREunder 0.1%
• Analog DevicesADIunder 0.1%
• Johnson & JohnsonJNJunder 0.1%
• iShares Msci USA Momentum FA ETFMTUMunder 0.1%
• St SR UTL SL SE SPDR ETF-usd ETFXLUunder 0.1%
• Innovator U.s. Equity Power ETFPJANunder 0.1%
• WisdomTree Floating Rate TRE ETFUSFRunder 0.1%
• Eli LillyLLYunder 0.1%
• Invesco Bulletshares 2028 CB ETFBSCSunder 0.1%
• CSXCSXunder 0.1%
• MastercardMAunder 0.1%
• State Street SPDR S&P Dividend ETFSDYunder 0.1%
• Emerson ElectricEMRunder 0.1%
• iShares U.s. Industrials ETFIYJunder 0.1%