LMR Partners LLP portfolio

What changed this quarter

904 positions with a change (298 new, 215 added to, 184 trimmed, 207 sold); also, 49 entered through an IPO, 51 exited through an acquisition or merger, 23 entered through a spin-off. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• iShares Core S&P 500 ETF+88%more sharesIncreased
  7.7% → 12.5%
• Warner Bros. Discovery+91%more sharesIncreased
  2.2% → 3.0%
• Micron Technology−92%fewer sharesReduced
  1.9% → 0.4%
• Broadcom−89%fewer sharesReduced
  1.5% → 0.2%
• Amazon.com+6,244%more sharesIncreased
  under 0.1% → 1.0%
• Norfolk Southern+66%more sharesIncreased
  1.5% → 2.0%
• Amphenol+0.8 ppof portfolioNew
  — → 0.8%
• Eli Lilly−96%fewer sharesReduced
  1.0% → under 0.1%
• Vaneck ETF Trust+12,373,000%more sharesIncreased
  under 0.1% → 0.7%
• Roku+0.7 ppof portfolioNew
  — → 0.7%
• State Str Spdr S&P 500 ETF T+21%more sharesIncreased
  3.5% → 3.6%
• Globalstar+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 S&P 500 ETFIVV12.5%
• State Str Spdr S&P 500 ETF TSPY3.6%
• Warner Bros. DiscoveryWBD3.0%
• Norfolk SouthernNSC2.0%
• Space Exploration TechnologiesSPCX1.6%
• NVIDIANVDA1.3%
• Core ScientificCORZW(warrant)1.2%
• BPBP1.1%
• EchoStarECHO1.0%
• Amazon.comAMZN1.0%
• Chart Industries1.0%
• TeslaTSLA0.9%
• Taiwan Semiconductor ManufacturingTSM0.9%
• Seagate Technology HoldingsSTX0.9%
• Axalta Coating SystemsAXTA0.9%
• ShellSHEL0.9%
• Motorola SolutionsMSI0.8%
• AmphenolAPH0.8%
• IsharesEWY0.8%
• DatadogDDOG0.8%
• Silicon LaboratoriesSLAB0.7%
• Vaneck ETF TrustSMH0.7%
• Roundhill ETF TrustDRAM0.7%
• Take-two Interactive SoftwareTTWO0.7%
• RokuROKU0.7%
• CelesticaCLS0.6%
• GlobalstarGSAT0.6%
• PenumbraPEN0.6%
• SandiskSNDK0.6%
• Alibaba Group HoldingBABA0.6%
• Electronic ArtsEA0.6%
• IlluminaILMN0.6%
• Essential UtilitiesWTRG0.5%
• AESAES0.5%
• QorvoQRVO0.5%
• WatersWAT0.5%
• Allied GoldAAUC0.5%
• Credo Technology Group HoldingCRDO0.5%
• Vaneck ETF TrustGDX0.5%
• TXNM EnergyTXNM0.5%
• CorningGLW0.5%
• Arista NetworksANET0.5%
• GSKGSK0.4%
• Smith & NephewSNN0.4%
• Monolithic Power SystemsMPWR0.4%
• Revolution MedicinesRVMDW(warrant)0.4%
• Dycom IndustriesDY0.4%
• BrightSpring Health ServicesBTSG0.4%
• Micron TechnologyMU0.4%
• TECK ResourcesTECK0.4%
• MongodbMDB0.4%
• Zoom CommunicationsZM0.4%
• ASML HoldingASML0.4%
• GE AerospaceGE0.4%
• Ishares TrLQD0.4%
• AppleAAPL0.4%
• Alnylam PharmaceuticalsALNY0.4%
• MicrosoftMSFT0.3%
• SPDR Gold Shares ETFGLD0.3%
• Uniti GroupUNIT0.3%
• Lam ResearchLRCX0.3%
• IntelINTC0.3%
• Cisco SystemsCSCO0.3%
• TTM TechnologiesTTMI0.3%
• CloudflareNET0.3%
• Elanco Animal HealthELAN0.3%
• Applied MaterialsAMAT0.3%
• F5FFIV0.3%
• Marvell TechnologyMRVL0.3%
• RepligenRGEN0.3%
• CrowdStrike HoldingsCRWD0.3%
• KenvueKVUE0.3%
• International Business MachinesIBM0.2%
• Forgent Power SolutionsFPS0.2%
• Cerebras SystemsCBRS0.2%
• SnowflakeSNOW0.2%
• Webster FinancialWBS0.2%
• KLAKLAC0.2%
• DigitalBridge GroupDBRG0.2%
• SynapticsSYNA0.2%
• STMicroelectronicsSTM0.2%
• Amprius TechnologiesAMPX0.2%
• Palo Alto NetworksPANW0.2%
• MedtronicMDT0.2%
• NovartisNVS0.2%
• US Foods HoldingUSFD0.2%
• Liberty Live HoldingsLLYVA0.2%
• Devon EnergyDVN0.2%
• ConocoPhillipsCOP0.2%
• Meta PlatformsMETA0.2%
• Surgery PartnersSGRY0.2%
• Bloom EnergyBE0.2%
• Brookdale Senior LivingBKD0.2%
• Collective Acquisition Corp. IICAIIU(unit)0.2%
• Dianthus TherapeuticsDNTH0.2%
• PearsonPSO0.2%
• FortinetFTNT0.2%
• iShares Expanded Tech-softwa ETFIGV0.2%
• Launch One AcquisitionLPAA0.2%
• OktaOKTA0.2%