Composition Wealth portfolio

What changed this quarter

805 positions with a change (133 new, 388 added to, 261 trimmed, 23 sold); also, 3 entered through an IPO, 5 exited through an acquisition or merger, 1 entered through a spin-off. 5 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• STE Str SPDR PT S&P 500 ETF+28%more sharesIncreased
  4.2% → 5.3%
• First Tr Exchange-traded Fund+1.0 ppof portfolioNew
  — → 1.0%
• Vanguard Total Bond Market ETF+16%more sharesIncreased
  4.3% → 4.2%
• Invesco Exchange Traded Fund T−68%fewer sharesReduced
  0.9% → 0.3%
• Global X US Infrastructure ETF+0.5 ppof portfolioNew
  — → 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

• STE Str SPDR PT S&P 500 ETFSPYM5.3%
• Schwab International Equity ETFSCHF5.2%
• Vanguard Total Bond Market ETFBND4.2%
• iShares MBS ETFMBB2.6%
• AppleAAPL2.6%
• State Street SPDR BB 1-3m T-bill ETFBIL2.3%
• Victory Portfolios IIVFLO · GFLW2.3%
• AlphabetGOOG · GOOGL2.1%
• MicrosoftMSFT2.0%
• Invesco QQQ Trust Series 1 ETFQQQ1.9%
• Invesco Nasdaq 100 ETFQQQM1.7%
• iShares Core S&P 500 ETFIVV1.6%
• iShares Msci Eafe Value ETFEFV1.5%
• iShares AAA - A Rated Corpor ETFQLTA1.5%
• iShares 1-5y INV Grade ETFIGSB1.5%
• NVIDIANVDA1.4%
• Vanguard Index FundsVTI1.3%
• Amazon.comAMZN1.3%
• iShares Core Msci Eafe ETFIEFA1.3%
• Vanguard International Equity Index FVWO1.2%
• Goldman Sachs ETF TrGCAL1.1%
• IsharesEMXC1.1%
• Vanguard S&P 500 ETFVOO1.1%
• Goldman Sachs Access Treasur ETFGBIL1.0%
• First Tr Exchange-traded FundWCMI1.0%
• Vanguard Tax-exempt Bond ETFVTEB0.9%
• State Str Spdr S&P 500 ETF TSPY0.8%
• State Street SPDR P S&P 500 Growth ETFSPYG0.8%
• Vanguard CA Tax-ex Bond ETFVTEC0.7%
• iShares Msci USA Quality FAC ETFQUAL0.7%
• iShares ESG Aware Msci USA ETFESGU0.7%
• iShares 0-3 Month Treasury B ETFSGOV0.7%
• State Street SPDR P S&P 400 Midcap ETFSPMD0.7%
• iShares S&P 500 Value ETFIVE0.7%
• Vanguard Short-term Bond ETFBSV0.7%
• iShares Core International Stock ETFIXUS0.7%
• iShares Core U.s. Aggregate ETFAGG0.6%
• J P Morgan Exchange Traded FundJPLD0.6%
• Dimensional ETF TrustDFIS0.6%
• iShares Russell Mid-cap ETFIWR0.6%
• 2023 ETF Series TrustGEME0.5%
• Vanguard Ftse Developed ETFVEA0.5%
• J P Morgan Exchange Traded FundJTEK0.5%
• JPMorgan ChaseJPM0.5%
• Goldman Sachs ETF TrGMUB0.5%
• Capital GRP Fixed Incm ETF TCGIB0.5%
• Global X US Infrastructure ETFPAVE0.5%
• Ishares TrIUSB0.5%
• State Street Financial Select Sector ETFXLF0.5%
• iShares Core S&P Midcap ETFIJH0.5%
• Berkshire HathawayBRK/B0.5%
• iShares Msci Eafe ETFEFA0.4%
• iShares Core S&P Total U.s ETFITOT0.4%
• BroadcomAVGO0.4%
• Vanguard Most Sm-cap ETF-usd ETFVB0.4%
• Invesco Short Term Treasury ETFTBLL0.4%
• iShares Trust iShares ESG AW ETFESGD0.4%
• Meta PlatformsMETA0.4%
• State Street SPDR P S&P 600 Small Cap ETFSPSM0.4%
• Franklin Dynamic Municipal B ETFFLMI0.4%
• Invesco California Amt-free ETFPWZ0.4%
• Johnson & JohnsonJNJ0.3%
• WisdomTree India Earnings ETFEPI0.3%
• CaterpillarCAT0.3%
• Eli LillyLLY0.3%
• WalmartWMT0.3%
• iShares ESG Aware US Aggrega ETFEAGG0.3%
• Costco WholesaleCOST0.3%
• BlackRock ETF TrustDYNF0.3%
• BlackRock ETF Trust IIBINC0.3%
• State Street Technology Select Sector ETFXLK0.3%
• SandiskSNDK0.3%
• Goldman Sachs GroupGS0.3%
• State Str Spdr S&P Midcap 40MDY0.3%
• Invesco Exchange Traded Fund TPPA0.3%
• Vanguard Admiral FundsVOOG0.3%
• Applied MaterialsAMAT0.3%
• Western DigitalWDC0.3%
• Schwab US Large-cap Growth ETFSCHG0.2%
• iShares Core S&P Small-cap E ETFIJR0.2%
• American Century CA Muni ETFCATF0.2%
• iShares Russell 1000 Growth ETFIWF0.2%
• VisaV0.2%
• TeslaTSLA0.2%
• SPDR Gold Minishares Trust ETFGLDM0.2%
• iShares 20+ Year Treasury BD ETFTLT0.2%
• Home DepotHD0.2%
• Invesco National Amt-free MU ETFPZA0.2%
• SPDR Gold Shares ETFGLD0.2%
• Mechanics BancorpMCHB0.2%
• Procter & GamblePG0.2%
• AbbVieABBV0.2%
• State Street SPDR P St Term TSY ETFSPTS0.2%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.2%
• Vanguard Dividend Apprec ETFVIG0.2%
• ChevronCVX0.2%
• T Rowe Price Exchange-tradedTCAF0.2%
• iShares Intermediate Governm ETFGVI0.2%