Horizon Investments portfolio

What changed this quarter

1381 positions with a change (89 new, 599 added to, 595 trimmed, 98 sold); also, 1 entered through an IPO, 5 exited through an acquisition or merger, 2 entered through a spin-off. 7 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• State Street SPDR BB 1-3m T-bill ETF−94%fewer sharesReduced
  2.2% → 0.1%
• State Street SPDR P S&P 500 Value ETF−43%fewer sharesReduced
  3.4% → 2.0%
• State Street SPDR P S&P 500 Growth ETF−13%fewer sharesReduced
  7.0% → 7.2%
• iShares Core Dividend Growth ETF−99.9%fewer sharesReduced
  0.6% → under 0.1%
• Dimensional ETF Trust−51%fewer sharesReduced
  1.1% → 0.6%
• Vanguard Dividend Apprec ETF−49%fewer sharesReduced
  1.1% → 0.6%
• Ssga Active ETF Tr+1,102,842%more sharesIncreased
  under 0.1% → 0.5%

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

• State Street SPDR P S&P 500 Growth ETFSPYG7.2%
• iShares Core Msci DEV Mkts ETFIDEV3.5%
• NVIDIANVDA3.1%
• STE Str SPDR PT DW EU ETFSPDW2.5%
• AppleAAPL2.5%
• AlphabetGOOGL · GOOG2.4%
• State Street SPDR P S&P 500 Value ETFSPYV2.0%
• MicrosoftMSFT1.9%
• Spdr Index SHS FundsSPEM1.9%
• Invesco Exchange Traded Fund TRSP1.9%
• Listed Funds TrMAGS1.8%
• State Street SPDR P AGG Bond ETFSPAB1.4%
• Micron TechnologyMU1.3%
• BroadcomAVGO1.2%
• Amazon.comAMZN1.1%
• IsharesIEMG1.0%
• iShares Msci USA Min Vol FAC ETFUSMV1.0%
• Pimco Multisector Bond Actv ETFPYLD0.9%
• iShares Msci All Country ASI ETFAAXJ0.8%
• State Street Comm Select Sector SPDR ETFXLC0.8%
• Meta PlatformsMETA0.8%
• Berkshire HathawayBRK/B0.8%
• Eli LillyLLY0.8%
• iShares Msci USA Quality FAC ETFQUAL0.7%
• Applied MaterialsAMAT0.7%
• iShares Semiconductor ETFSOXX0.7%
• Johnson & JohnsonJNJ0.7%
• iShares 5-10y INV Grade ETFIGIB0.6%
• Dimensional ETF TrustDFAE0.6%
• Vanguard Index FundsVO0.6%
• Vanguard Dividend Apprec ETFVIG0.6%
• Advanced Micro DevicesAMD0.6%
• Exxon MobilXOM0.6%
• Ssga Active ETF TrSRLN0.5%
• Vanguard Ftse Developed ETFVEA0.5%
• Lam ResearchLRCX0.5%
• State Street SPDR P High Yield ETFSPHY0.5%
• iShares Core S&P Small-cap E ETFIJR0.5%
• State Street Technology Select Sector ETFXLK0.5%
• TeslaTSLA0.4%
• State Str Spdr S&P 500 ETF TSPY0.4%
• Vanguard Total International Bond ETFBNDX0.4%
• DBX ETF TrHYLB0.4%
• JPMorgan ChaseJPM0.4%
• MerckMRK0.4%
• iShares 10+ Year INV GR ETFIGLB0.4%
• ChevronCVX0.4%
• State Street SPDR S&P Regional Bank ETFKRE0.4%
• WalmartWMT0.4%
• Procter & GamblePG0.4%
• Fidelity Total Bond ETFFBND0.4%
• CaterpillarCAT0.4%
• Invesco KBW Bank ETFKBWB0.3%
• Costco WholesaleCOST0.3%
• Algonquin Power & UtilitiesAQN0.3%
• iShares International Select ETFIDV0.3%
• MastercardMA0.3%
• State Street SPDR BB Conv Sec ETFCWB0.3%
• ARK Next Generation Technolo ETFARKW0.3%
• VisaV0.3%
• Philip Morris InternationalPM0.3%
• iShares Core U.s. Aggregate ETFAGG0.3%
• IntelINTC0.3%
• J P Morgan Exchange Traded FundJCPB0.3%
• Palantir TechnologiesPLTR0.3%
• Ssga Active ETF TrTOTL0.3%
• AbbVieABBV0.3%
• Coca-ColaKO0.3%
• IsharesEWJ0.3%
• KLAKLAC0.3%
• Home DepotHD0.3%
• Arista NetworksANET0.3%
• iShares Core S&P U.s. Growth ETFIUSG0.3%
• Vaneck ETF TrustANGL0.2%
• iShares Latin America 40 ETFILF0.2%
• State Street Industrial Select Sector ETFXLI0.2%
• LindeLIN0.2%
• GE VernovaGEV0.2%
• OracleORCL0.2%
• iShares JP Morgan USD Emergi ETFEMB0.2%
• Cisco SystemsCSCO0.2%
• TJXTJX0.2%
• McDONALD’SMCD0.2%
• Analog DevicesADI0.2%
• Gilead SciencesGILD0.2%
• Vanguard Consumer Discre ETFVCR0.2%
• Texas InstrumentsTXN0.2%
• PepsicoPEP0.2%
• QualcommQCOM0.2%
• Williams CompaniesWMB0.2%
• Janus Henderson Mortg Backed ETFJMBS0.2%
• At&tT0.2%
• T-mobile USTMUS0.2%
• iShares 20+ Year Treasury BD ETFTLT0.2%
• Bank of AmericaBAC0.2%
• TD SynnexSNX0.2%
• Goldman Sachs EQL Wght Large ETFGSEW0.2%
• ConocoPhillipsCOP0.2%
• Ishares TrLQD0.2%