Waverly Advisors portfolio

What changed this quarter

1521 positions with a change (197 new, 719 added to, 529 trimmed, 76 sold); also, 5 entered through an IPO, 8 exited through an acquisition or merger, 5 entered through a spin-off. 6 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Fidelity Total Bond ETF+522%more sharesIncreased
  0.2% → 1.0%
• Pimco Multisector Bond Actv ETF+32,510%more sharesIncreased
  under 0.1% → 0.7%
• Janus Henderson AAA CLO ETF+951%more sharesIncreased
  0.1% → 0.7%
• Vanguard Index Funds+79%more sharesIncreased
  0.8% → 1.3%
• Invesco Bulletshares 2028 CB ETF+16,298%more sharesIncreased
  under 0.1% → 0.5%
• Invesco Bulletshares 2030 CB ETF+21,913%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

• iShares Core S&P 500 ETFIVV5.6%
• AppleAAPL2.5%
• Vanguard Mrngstar GR ETF-sui ETFVUG2.4%
• Vanguard Dividend Apprec ETFVIG1.9%
• AlphabetGOOG · GOOGL1.9%
• NVIDIANVDA1.7%
• MicrosoftMSFT1.5%
• American Centy ETF TrAVUV1.3%
• Vanguard Index FundsVTI1.3%
• Invesco Exchange Traded Fund TPRF1.1%
• State Street SPDR P Int C Corp ETFSPIB1.1%
• Amazon.comAMZN1.1%
• Fidelity Total Bond ETFFBND1.0%
• iShares Russell 1000 Growth ETFIWF1.0%
• American Centy ETF TrAVLV0.9%
• Vanguard S&P 500 ETFVOO0.9%
• JPMorgan ChaseJPM0.9%
• iShares 0-3 Month Treasury B ETFSGOV0.9%
• BroadcomAVGO0.8%
• Invesco QQQ Trust Series 1 ETFQQQ0.8%
• iShares Russell Mid-cap ETFIWR0.8%
• iShares Russell 1000 ETFIWB0.7%
• Janus Henderson AAA CLO ETFJAAA0.7%
• Schwab US Large-cap Growth ETFSCHG0.7%
• Vanguard Index FundsVO0.7%
• State Str Spdr S&P 500 ETF TSPY0.7%
• Pimco Active Bond Exchange-t ETFBOND0.7%
• J P Morgan Exchange Traded FundJPIE0.7%
• J P Morgan Exchange Traded FundJPST0.7%
• Micron TechnologyMU0.7%
• Eli LillyLLY0.7%
• Pimco Multisector Bond Actv ETFPYLD0.7%
• State Street SPDR P S&P 500 Growth ETFSPYG0.7%
• Taiwan Semiconductor ManufacturingTSM0.7%
• Berkshire HathawayBRK/B0.6%
• American Centy ETF TrAVDE0.6%
• Vanguard Index FundsVOE0.6%
• Schwab US Broad Market ETFSCHB0.6%
• CaterpillarCAT0.6%
• Vanguard Russell 1000 ETFVONE0.6%
• Vanguard Ftse Developed ETFVEA0.6%
• Invesco Exchange Traded Fund TRSP0.6%
• iShares Russell 1000 Value E ETFIWD0.6%
• Invesco Bulletshares 2028 CB ETFBSCS0.5%
• Invesco Bulletshares 2030 CB ETFBSCU0.5%
• iShares Russell 2000 ETFIWM0.5%
• Vanguard International Equity Index FVEU0.5%
• Vanguard High DVD Yield ETFVYM0.5%
• Costco WholesaleCOST0.5%
• AbbVieABBV0.5%
• Johnson & JohnsonJNJ0.5%
• Isha Curr Hedged Msci Eafe ETFHEFA0.5%
• Cisco SystemsCSCO0.5%
• iShares Core S&P Midcap ETFIJH0.5%
• VisaV0.4%
• Vanguard Index FundsVOT0.4%
• Schwab International Equity ETFSCHF0.4%
• Procter & GamblePG0.4%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.4%
• Schwab US DVD Equity ETFSCHD0.4%
• Schwab US Mid Cap ETFSCHM0.4%
• iShares Russell 3000 ETFIWV0.4%
• State Street SPDR P S&P 500 Value ETFSPYV0.4%
• Invesco Exchange Traded Fund TPRFZ0.3%
• iShares Msci Acwi EX US ETFACWX0.3%
• iShares 3-7 Year Treasury BO ETFIEI0.3%
• Meta PlatformsMETA0.3%
• Invesco Exchange Traded Fund TXMHQ0.3%
• American Centy ETF TrAVUS0.3%
• Invesco Nasdaq 100 ETFQQQM0.3%
• Goldman Sachs GroupGS0.3%
• Home DepotHD0.3%
• Dimensional ETF TrustDFIV0.3%
• Vanguard International Equity Index FVWO0.3%
• iShares Core International Stock ETFIXUS0.3%
• Coca-ColaKO0.3%
• Exxon MobilXOM0.3%
• iShares S&P 500 Value ETFIVE0.3%
• WalmartWMT0.3%
• Advanced Micro DevicesAMD0.3%
• McDONALD’SMCD0.3%
• Fidelity Enhanced Small Cap ETFFESM0.3%
• Vanguard Ultra Short Bond ET ETFVUSB0.3%
• Quanta ServicesPWR0.3%
• STE Str SPDR PT S&P 500 ETFSPYM0.3%
• Schwab US Large-cap ETFSCHX0.3%
• iShares Core Msci Eafe ETFIEFA0.2%
• iShares Core Dividend Growth ETFDGRO0.2%
• Lam ResearchLRCX0.2%
• Schwab Short-term US Treas ETFSCHO0.2%
• International Business MachinesIBM0.2%
• iShares Msci Eafe Value ETFEFV0.2%
• Vanguard Most Sm-cap ETF-usd ETFVB0.2%
• OracleORCL0.2%
• iShares Russell Top 200 Grow ETFIWY0.2%
• Abrdn Physical Gold Shares ETFSGOL0.2%
• Schwab Emrg Mrkts Eqty ETFSCHE0.2%
• State Street Technology Select Sector ETFXLK0.2%
• Freeport-McMoRanFCX0.2%