M Holdings Securities portfolio

What changed this quarter

596 positions with a change (479 new, 53 added to, 59 trimmed, 5 sold); also, 4 entered through an IPO. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Apple+4.8 ppof portfolioNew
  — → 4.8%
• iShares Core S&P 500 ETF+4.3 ppof portfolioNew
  — → 4.3%
• Vanguard International Equity Index F+4.1 ppof portfolioNew
  — → 4.1%
• Invesco QQQ Trust Series 1 ETF+1.9 ppof portfolioNew
  — → 1.9%
• Microsoft+1.7 ppof portfolioNew
  — → 1.7%
• Vanguard Short-term Tips ETF+1.6 ppof portfolioNew
  — → 1.6%
• Amazon.com+1.4 ppof portfolioNew
  — → 1.4%
• Vanguard S&P 500 ETF+1.2 ppof portfolioNew
  — → 1.2%
• Procter & Gamble+1.2 ppof portfolioNew
  — → 1.2%
• Dimensional ETF Trust−97%fewer sharesReduced
  2.6% → under 0.1%
• Berkshire Hathaway+1.0 ppof portfolioNew
  — → 1.0%
• Vanguard Index Funds+0.7 ppof portfolioNew
  — → 0.7%

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 Str Spdr S&P 500 ETF TSPY15.3%
• AppleAAPL4.8%
• iShares Core S&P 500 ETFIVV4.3%
• Vanguard International Equity Index FVEU4.1%
• Dimensional ETF TrustDFUV1.9%
• Invesco QQQ Trust Series 1 ETFQQQ1.9%
• MicrosoftMSFT1.7%
• AlphabetGOOGL · GOOG1.7%
• JPMorgan ChaseJPM1.6%
• Vanguard Short-term Tips ETFVTIP1.6%
• Dimensional ETF TrustDFIV1.6%
• NVIDIANVDA1.6%
• DFA Invt Dimensions Group In1.5%
• Berkshire HathawayBRK/B · BRK/A1.4%
• Amazon.comAMZN1.4%
• Vanguard S&P 500 ETFVOO1.2%
• Procter & GamblePG1.2%
• Vanguard Ultra Short Bond ET ETFVUSB1.2%
• Exxon MobilXOM0.7%
• Vanguard Index FundsVTI0.7%
• Eli LillyLLY0.7%
• iShares 1-5y INV Grade ETFIGSB0.6%
• Meta PlatformsMETA0.6%
• American Centy ETF TrAVLV0.6%
• MerckMRK0.6%
• Vanguard Mrngstar GR ETF-sui ETFVUG0.6%
• ChevronCVX0.5%
• Johnson & JohnsonJNJ0.5%
• Flexshares TrGUNR0.5%
• DeereDE0.5%
• VisaV0.5%
• SPDR Gold Shares ETFGLD0.5%
• BroadcomAVGO0.4%
• WalmartWMT0.4%
• Vanguard Ftse Developed ETFVEA0.4%
• GE AerospaceGE0.4%
• Janus Henderson AAA CLO ETFJAAA0.4%
• McKESSONMCK0.4%
• Vanguard Energy ETFVDE0.4%
• Dimensional ETF TrustDFIS0.4%
• Home DepotHD0.4%
• International Business MachinesIBM0.4%
• AbbVieABBV0.4%
• Fidelity Enhanced International ETFFENI0.4%
• TeslaTSLA0.4%
• Vanguard Materials ETFVAW0.4%
• Nextera EnergyNEE0.4%
• Fidelity Total Bond ETFFBND0.3%
• Fidelity Blue Chip Grow ETFFBCG0.3%
• American Centy ETF TrAVUV0.3%
• Fidelity ENH LRG Cap COR ETFFELC0.3%
• Direxion Shares ETF TrustSOXL0.3%
• Micron TechnologyMU0.3%
• Dimensional ETF TrustDISV0.3%
• PepsicoPEP0.3%
• Lockheed MartinLMT0.3%
• Capital Group Dividend ValueCGDV0.3%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.3%
• Vanguard Total Bond Market ETFBND0.3%
• McDONALD’SMCD0.3%
• Coca-ColaKO0.3%
• MastercardMA0.3%
• CaterpillarCAT0.3%
• iShares Core Msci Eafe ETFIEFA0.3%
• Cisco SystemsCSCO0.3%
• iShares S&P 500 Growth ETFIVW0.2%
• Vanguard Most Sm-cap ETF-usd ETFVB0.2%
• UnitedHealth GroupUNH0.2%
• iShares Gold Trust ETFIAU0.2%
• Duke EnergyDUK0.2%
• State Street SPDR BB 1-3m T-bill ETFBIL0.2%
• iShares Russell 2000 ETFIWM0.2%
• Republic ServicesRSG0.2%
• IsharesIEMG0.2%
• NewmontNEM0.2%
• BNY Mellon ETF TrustBKAG0.2%
• J P Morgan Exchange Traded FundJEPI0.2%
• GE VernovaGEV0.2%
• Invesco Exchange Traded Fund TPSI0.2%
• StrykerSYK0.2%
• iShares Msci USA Min Vol FAC ETFUSMV0.2%
• STE Str SPDR PT S&P 500 ETFSPYM0.2%
• Bank of AmericaBAC0.2%
• Fidelity Fndm SM Mid Cap ETFFFSM0.2%
• J P Morgan Exchange Traded FundJEPQ0.2%
• iShares S&P 500 Value ETFIVE0.2%
• Costco WholesaleCOST0.2%
• ServiceNowNOW0.2%
• Ishares TrIUSB0.2%
• Cincinnati FinancialCINF0.2%
• Bristol-myers SquibbBMY0.2%
• Advanced Micro DevicesAMD0.2%
• PfizerPFE0.2%
• iShares Russell 1000 ETFIWB0.2%
• Goldman Sachs ETF TrGPIQ0.2%
• Norfolk SouthernNSC0.2%