Ocean Park Asset Management portfolio

What changed this quarter

72 positions with a change (12 new, 11 added to, 16 trimmed, 33 sold). 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Invesco Senior Loan ETF+271%more sharesIncreased
  5.0% → 23.5%
• State Street SPDR BB High Yield Bond ETF−8.2 ppof portfolioSold out
  8.2% → —
• Pimco Multisector Bond Actv ETF−4.2 ppof portfolioSold out
  4.2% → —
• Ishares Tr−51%fewer sharesReduced
  7.7% → 4.6%
• iShares JP Morgan USD Emergi ETF−3.2 ppof portfolioSold out
  3.2% → —
• J P Morgan Exchange Traded Fund−2.2 ppof portfolioSold out
  2.2% → —
• Vanguard Long-term Corp Bond ETF−1.9 ppof portfolioSold out
  1.9% → —
• Vaneck ETF Trust−1.7 ppof portfolioSold out
  1.7% → —
• iShares MBS ETF−1.6 ppof portfolioSold out
  1.6% → —
• Vanguard Long-term Bond ETF−1.6 ppof portfolioSold out
  1.6% → —
• Ssga Active ETF Tr+26%more sharesIncreased
  6.1% → 9.7%
• iShares Convertible Bond ETF−1.5 ppof portfolioSold out
  1.5% → —

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

• Invesco Senior Loan ETFBKLN23.5%
• iShares Broad USD High Yield ETFUSHY17.0%
• STE Str SPDR PT S&P 500 ETFSPYM10.2%
• Ssga Active ETF TrSRLN9.7%
• State Street SPDR P High Yield ETFSPHY7.8%
• Pgim AAA CLO ETFPAAA6.7%
• Ishares TrHYG4.6%
• DBX ETF TrHYLB2.5%
• American Centy ETF TrAVUV1.3%
• Janus Henderson AAA CLO ETFJAAA1.3%
• IsharesEWC1.1%
• Janus Henderson B-bbb CLO ET ETFJBBB1.0%
• iShares Msci USA Quality GAR ETFGARP0.9%
• iShares Tips Bond ETFTIP0.9%
• WisdomTree Japan Hedged Eq ETFDXJ0.8%
• iShares Core S&P Midcap ETFIJH0.7%
• Vanguard Index FundsVBK0.7%
• J P Morgan Exchange Traded FundBBHY0.7%
• iShares Msci Eafe Small-cap ETFSCZ0.5%
• Series Portfolios TrCLOZ0.5%
• iShares Msci Eafe Growth ETFEFG0.5%
• Vanguard International Equity Index FVWO0.5%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.5%
• iShares International Select ETFIDV0.5%
• ETF SER SolutionsQTUM0.5%
• iShares Msci Eafe Value ETFEFV0.4%
• iShares Msci USA Value Facto ETFVLUE0.4%
• BNY Mellon ETF TrustBKHY0.4%
• iShares Floating Rate Bond E ETFFLOT0.3%
• iShares Core S&P Small-cap E ETFIJR0.3%
• TCW ETF TrustAIFD0.3%
• Global X S&P 500 Cove Call E ETFXYLD0.2%
• iShares Msci Japan Value ETFEWJV0.2%
• Principal Exchange Traded FundPREF0.2%
• Vanguard S&P 500 ETFVOO0.2%
• JP Morgan Inflation MGD Bond ETFJCPI0.2%
• IsharesEWH0.2%
• Schwab US Large-cap Growth ETFSCHG0.2%
• First Trust Nyse Arca Biotec ETFFBT0.1%
• Vanguard Index FundsVOE0.1%
• State Street Financial Select Sector ETFXLF0.1%
• IsharesIEMG0.1%
• American Centy ETF TrAVDV0.1%
• Vanguard Total International Stock ETFVXUS0.1%
• Schwab US Mid Cap ETFSCHM0.1%
• Goldman Sachs EQL Wght Large ETFGSEW0.1%
• Dimensional ETF TrustDFLV0.1%
• Spdr Index SHS FundsSPEM0.1%
• Dimensional ETF TrustDFASunder 0.1%
• iShares Msci USA Momentum FA ETFMTUMunder 0.1%
• Vanguard Index FundsVOTunder 0.1%
• Schwab US Small-cap ETFSCHAunder 0.1%
• iShares Russell Mid-cap Valu ETFIWSunder 0.1%
• iShares Core Dividend ETFDIVBunder 0.1%
• Victory Portfolios IIVFLOunder 0.1%
• J P Morgan Exchange Traded FundBBCAunder 0.1%
• iShares Russell 2000 Growth ETFIWOunder 0.1%
• iShares Russell 2000 Value E ETFIWNunder 0.1%
• Northern Lights Fund TrDUKZunder 0.1%
• Invesco S&P Smallcap Informa ETFPSCTunder 0.1%