Main Management portfolio

What changed this quarter

50 positions with a change (4 new, 17 added to, 18 trimmed, 11 sold). 6 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• State Street Financial Select Sector ETF−44%fewer sharesReduced
  6.1% → 3.4%
• St SR UTL SL SE SPDR ETF-usd ETF+2.6 ppof portfolioNew
  — → 2.6%
• Northern LTS Fund Tr IV−23%fewer sharesReduced
  4.9% → 4.7%
• State Street Comm Select Sector SPDR ETF−27%fewer sharesReduced
  5.7% → 3.7%
• State Street Health Care Select Sector ETF−24%fewer sharesReduced
  4.7% → 3.5%
• iShares U.s. Home Constructi ETF−95%fewer sharesReduced
  1.1% → 0.1%

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 Technology Select Sector ETFXLK12.8%
• State Str Spdr S&P 500 ETF TSPY12.0%
• Northern LTS Fund Tr IVBUYW9.9%
• Northern LTS Fund Tr IVINTL8.2%
• Northern LTS Fund Tr IVTMAT4.7%
• Vanguard Industrials ETFVIS4.5%
• Invesco Nasdaq 100 ETFQQQM4.0%
• Invesco QQQ Trust Series 1 ETFQQQ3.8%
• State Street Consumer Disc Select Sect ETFXLY3.8%
• State Street Comm Select Sector SPDR ETFXLC3.7%
• State Street Health Care Select Sector ETFXLV3.5%
• State Street Financial Select Sector ETFXLF3.4%
• Invesco Exchange Traded Fund TRSP3.0%
• St SR UTL SL SE SPDR ETF-usd ETFXLU2.6%
• Northern LTS Fund Tr IVSECT1.9%
• Vanguard International Equity Index FVEU1.9%
• State Street Materials Select Sector ETFXLB1.6%
• Vanguard Info Tech ETFVGT1.6%
• Vanguard Financials ETFVFH1.4%
• State Street Energy Select Sector ETFXLE1.4%
• Vanguard Health Care ETFVHT1.2%
• Vanguard Total Bond Market ETFBND1.1%
• iShares Core Msci Eafe ETFIEFA1.1%
• iShares 0-3 Month Treasury B ETFSGOV0.8%
• Schwab US Treasury Money UltraSUTXX0.8%
• iShares 1-3 Year Treasury BO ETFSHY0.7%
• iShares Core U.s. Aggregate ETFAGG0.7%
• State Street Industrial Select Sector ETFXLI0.5%
• Vanguard Total International Stock ETFVXUS0.5%
• iShares 1-5y INV Grade ETFIGSB0.4%
• IsharesIEMG0.3%
• Schwab US Treasury Money InvestorSNSXX0.3%
• iShares S&P Mid-cap 400 Grow ETFIJK0.2%
• Vanguard International Equity Index FVWO0.2%
• Vanguard Consumer Discre ETFVCR0.2%
• Schwab Prime Advantage Money InvestorSWVXX0.1%
• Vaneck ETF TrustOIH0.1%
• iShares Treasury Floating RA ETFTFLO0.1%
• Vanguard Ftse Developed ETFVEA0.1%
• iShares Expanded Tech-softwa ETFIGV0.1%
• Vanguard S&P 500 ETFVOO0.1%
• iShares U.s. Home Constructi ETFITB0.1%
• iShares Msci Acwi EX US ETFACWXunder 0.1%
• Vanguard High DVD Yield ETFVYMunder 0.1%
• SPDR Gold Shares ETFGLDunder 0.1%
• Vanguard International Equity Index FVTunder 0.1%
• Vanguard S/t Corp Bond ETFVCSHunder 0.1%
• Vaneck ETF TrustSMHunder 0.1%
• iShares Msci Emerging Market ETFEEMunder 0.1%
• iShares Core S&P 500 ETFIVVunder 0.1%
• Vaneck ETF TrustGDXunder 0.1%
• iShares Russell 2000 ETFIWMunder 0.1%
• Schwab US Broad Market ETFSCHBunder 0.1%
• iShares Core S&P Midcap ETFIJHunder 0.1%
• State Street SPDR BB 1-3m T-bill ETFBILunder 0.1%
• Vanguard Dividend Apprec ETFVIGunder 0.1%
• Vanguard Index FundsVOunder 0.1%
• Invesco Actively Managed EXCGSYunder 0.1%
• Vaneck ETF TrustGDXJunder 0.1%
• Vanguard Index FundsVTIunder 0.1%
• Schwab Treasury Oblig Money INVSNOXXunder 0.1%
• Vanguard Energy ETFVDEunder 0.1%
• WisdomTree Floating Rate TRE ETFUSFRunder 0.1%
• iShares Msci Eafe ETFEFAunder 0.1%
• J P Morgan Exchange Traded FundJPSTunder 0.1%
• State Street SPDR Portfolio ETFSPEUunder 0.1%
• Invesco California Amt-free ETFPWZunder 0.1%
• iShares California Muni Bond ETFCMFunder 0.1%
• First Trst Nasd CL EDG Sgiif ETFGRIDunder 0.1%
• iShares Latin America 40 ETFILFunder 0.1%
• Vanguard International Equity Index FVPLunder 0.1%
• Franklin Ftse Canada ETFFLCAunder 0.1%
• Spdr Index SHS FundsSPEMunder 0.1%
• State Street SPDR S&P Biotech ETFXBIunder 0.1%
• Government Money Market FundSWGXXunder 0.1%
• Global X Uranium ETFURAunder 0.1%
• Franklin Ftse South Korea ETFFLKRunder 0.1%
• iShares Global Clean Energy ETFICLNunder 0.1%
• iShares Russell Mid-cap ETFIWRunder 0.1%
• Schwab Fndmntl US LRG Co ETFFNDXunder 0.1%
• IsharesEZAunder 0.1%
• ETF SER SolutionsQTUMunder 0.1%
• Invesco China Technology ETFCQQQunder 0.1%
• First Trust Nasdaq Artificia ETFROBTunder 0.1%
• iShares Gold Trust ETFIAUunder 0.1%
• DBX ETF TrASHRunder 0.1%
• ARK Blockchain & Fintech INN ETFARKFunder 0.1%
• Global X Art Intel & Tech ETFAIQunder 0.1%
• Schwab US Large-cap ETFSCHXunder 0.1%
• ProShares Online Retail ETFONLNunder 0.1%
• Vaneck ETF TrustESPOunder 0.1%
• First Trust Cloud Computing ETFSKYYunder 0.1%
• Global X Cloud Computing ETFCLOUunder 0.1%
• Columbia EM Core Ex-china ETFXCEMunder 0.1%
• Kranesh CSI China Internet ETFKWEBunder 0.1%