Landscape Capital Management, L.l.c portfolio

What changed this quarter

936 positions with a change (262 new, 153 added to, 185 trimmed, 336 sold); also, 3 entered through an IPO, 9 exited through an acquisition or merger, 2 entered through a spin-off. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• iShares 20+ Year Treasury BD ETF+6.5 ppof portfolioNew
  — → 6.6%
• Vaneck ETF Trust+1.2 ppof portfolioNew
  — → 1.3%
• Apple−1.0 ppof portfolioSold out
  1.0% → —
• Primo Brands+1.0 ppof portfolioNew
  — → 1.0%
• J M Smucker+0.9 ppof portfolioNew
  — → 0.9%
• Dutch Bros−95%fewer sharesReduced
  0.7% → 0.1%
• Monster Beverage+0.7 ppof portfolioNew
  — → 0.7%
• Lemonade−75%fewer sharesReduced
  0.8% → 0.2%
• Walmart−0.6 ppof portfolioSold out
  0.6% → —
• Colgate-palmolive+0.6 ppof portfolioNew
  — → 0.7%
• CAVA Group−0.6 ppof portfolioSold out
  0.6% → —
• Casey’s General Stores−60%fewer sharesReduced
  0.9% → 0.4%

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

• iShares 20+ Year Treasury BD ETFTLT6.6%
• HeicoHEI/A2.0%
• Constellation BrandsSTZ1.4%
• Vaneck ETF TrustSMH1.3%
• Altria GroupMO1.1%
• State Street Energy Select Sector ETFXLE1.1%
• Primo BrandsPRMB1.0%
• J M SmuckerSJM0.9%
• FOXFOX0.8%
• Rush Street InteractiveRSI0.8%
• Allegiant TravelALGT0.8%
• Monster BeverageMNST0.7%
• Colgate-palmoliveCL0.7%
• Estée LauderEL0.6%
• Match GroupMTCH0.6%
• WelltowerWELL0.6%
• Peloton InteractivePTON0.6%
• SharkninjaSN0.6%
• CVS HealthCVS0.6%
• DraftkingsDKNG0.6%
• NewsNWSA0.5%
• RobloxRBLX0.5%
• CarmaxKMX0.5%
• PrologisPLD0.5%
• RealrealREAL0.5%
• Conagra BrandsCAG0.5%
• Applied MaterialsAMAT0.5%
• ASA Gold and Precious Mtls LASA0.5%
• American Eagle OutfittersAEO0.5%
• Chipotle Mexican GrillCMG0.4%
• Dollar GeneralDG0.4%
• Charles SchwabSCHW0.4%
• Bj’s RestaurantsBJRI0.4%
• UBER TechnologiesUBER0.4%
• Newell BrandsNWL0.4%
• General MillsGIS0.4%
• ETSYETSY0.4%
• Carter’sCRI0.4%
• Casey’s General StoresCASY0.4%
• United Parcel ServiceUPS0.4%
• Hormel FoodsHRL0.4%
• CumminsCMI0.4%
• Bj’s Wholesale Club HoldingsBJ0.4%
• HIMS & Hers HealthHIMS0.4%
• FreshpetFRPT0.4%
• ResMedRMD0.4%
• W. P. CareyWPC0.4%
• Sherwin-williamsSHW0.4%
• Edison InternationalEIX0.4%
• Capital One FinancialCOF0.4%
• CloudflareNET0.4%
• COMPASS PathwaysCMPS0.4%
• TrexTREX0.3%
• Lam ResearchLRCX0.3%
• Healthpeak PropertiesDOC0.3%
• CintasCTAS0.3%
• PPLPPL0.3%
• Mondelez InternationalMDLZ0.3%
• Driven Brands HoldingsDRVN0.3%
• Corsair GamingCRSR0.3%
• MastercardMA0.3%
• CloroxCLX0.3%
• VisaV0.3%
• DuolingoDUOL0.3%
• Johnson Controls InternationalJCI0.3%
• American Airlines GroupAAL0.3%
• Idexx LaboratoriesIDXX0.3%
• Pagaya TechnologiesPGY0.3%
• H&r BlockHRB0.3%
• APAAPA0.3%
• PLUG PowerPLUG0.3%
• S&P GlobalSPGI0.3%
• Constellation EnergyCEG0.3%
• Essential Properties Realty TrustEPRT0.3%
• HubSpotHUBS0.3%
• TransDigm GroupTDG0.3%
• Federal Realty Investment TrustFRT0.3%
• Scotts Miracle-GroSMG0.3%
• SnowflakeSNOW0.3%
• Global-E OnlineGLBE0.3%
• BlockXYZ0.3%
• Ryanair HoldingsRYAAY0.3%
• Parker-hannifinPH0.3%
• West Pharmaceutical ServicesWST0.3%
• Western DigitalWDC0.3%
• Genius SportsGENI0.3%
• Hovnanian EnterprisesHOV0.3%
• F5FFIV0.3%
• ViasatVSAT0.3%
• Molson Coors BeverageTAP0.3%
• Boston ScientificBSX0.3%
• Ralph LaurenRL0.3%
• AccentureACN0.3%
• BlackstoneBX0.3%
• iShares China Large-cap ETFFXI0.3%
• Kimberly ClarkKMB0.3%
• Venture GlobalVG0.3%
• Victoria's SecretVSXY0.3%
• Burlington StoresBURL0.3%
• Savers Value VillageSVV0.3%