Arizona PSPRS Trust portfolio

What changed this quarter

15 positions with a change (7 new, 2 added to, 2 trimmed, 4 sold); also, 1 entered through an IPO. 4 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• SPDR Gold Shares ETF−11.5 ppof portfolioSold out
  11.5% → —
• SPDR Gold Minishares Trust ETF+9.8 ppof portfolioNew
  — → 9.9%
• Ssga Active ETF Tr−23%fewer sharesReduced
  12.5% → 9.7%
• STE Str SPDR PT DW EU ETF+0.6 ppof portfolioNew
  — → 0.6%

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 Core U.s. Aggregate ETFAGG42.5%
• Vanguard Total Bond Market ETFBND27.3%
• SPDR Gold Minishares Trust ETFGLDM9.9%
• Ssga Active ETF TrSRLN9.7%
• iShares Msci USA Momentum FA ETFMTUM4.6%
• Invesco Russell 1000 DYN M/f ETFOMFL4.2%
• IsharesURTH0.8%
• STE Str SPDR PT DW EU ETFSPDW0.6%
• Primoris ServicesPRIM0.1%
• Vanguard Ftse Developed ETFVEA0.1%
• SeaSE0.1%
• Cerebras SystemsCBRSunder 0.1%
• IsharesEMXCunder 0.1%
• UWM HoldingsUWMCunder 0.1%