Vontobel Holding portfolio

What changed this quarter

1087 positions with a change (77 new, 416 added to, 507 trimmed, 87 sold); also, 2 entered through an IPO. 8 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Netflix−89%fewer sharesReduced
  0.9% → 0.1%
• CME Group−64%fewer sharesReduced
  0.9% → 0.5%
• Boston Scientific−88%fewer sharesReduced
  0.7% → 0.1%
• NVIDIA+13%more sharesIncreased
  4.1% → 6.1%
• Ferguson Enterprises−50%fewer sharesReduced
  1.2% → 0.7%
• Intuit−89%fewer sharesReduced
  0.6% → 0.1%
• United Rentals+8,418%more sharesIncreased
  under 0.1% → 0.6%
• Broadcom−20%fewer sharesReduced
  2.8% → 2.4%

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

• NVIDIANVDA6.1%
• MicrosoftMSFT4.2%
• AlphabetGOOGL · GOOG4.2%
• UBS GroupUBS2.7%
• Amazon.comAMZN2.6%
• BroadcomAVGO2.4%
• AppleAAPL2.2%
• Coca-ColaKO1.7%
• Micron TechnologyMU1.6%
• MastercardMA1.5%
• Johnson & JohnsonJNJ1.5%
• Waste ManagementWM1.5%
• Logitech InternationalLOGI1.4%
• Taiwan Semiconductor ManufacturingTSM1.4%
• AlconALC1.2%
• WabtecWAB1.0%
• CintasCTAS0.9%
• LindeLIN0.9%
• Advanced Micro DevicesAMD0.9%
• Arista NetworksANET0.8%
• AmphenolAPH0.8%
• VisaV0.8%
• RB GlobalRBA0.8%
• Applied MaterialsAMAT0.7%
• Eli LillyLLY0.7%
• TJXTJX0.7%
• SynopsysSNPS0.7%
• EcolabECL0.7%
• Ferguson EnterprisesFERG0.7%
• AmrizeAMRZ0.6%
• United RentalsURI0.6%
• State Str Spdr S&P 500 ETF TSPY0.6%
• IntelINTC0.6%
• Quanta ServicesPWR0.6%
• Philip Morris InternationalPM0.6%
• CelesticaCLS0.6%
• FerrariRACE0.6%
• Union PacificUNP0.6%
• Emerson ElectricEMR0.6%
• SalesforceCRM0.6%
• Intercontinental ExchangeICE0.6%
• Thermo Fisher ScientificTMO0.5%
• MedtronicMDT0.5%
• nVent ElectricNVT0.5%
• Cisco SystemsCSCO0.5%
• CredicorpBAP0.5%
• Marvell TechnologyMRVL0.5%
• KLAKLAC0.5%
• Home DepotHD0.5%
• Nextera EnergyNEE0.5%
• TotalEnergiesTTE0.5%
• Akamai TechnologiesAKAM0.5%
• CME GroupCME0.5%
• TKO Group HoldingsTKO0.5%
• ProgressivePGR0.4%
• Canadian Pacific Kansas CityCP0.4%
• JPMorgan ChaseJPM0.4%
• AbbVieABBV0.4%
• Gilead SciencesGILD0.4%
• Palo Alto NetworksPANW0.4%
• PNC Financial Services GroupPNC0.4%
• IsharesIEMG0.4%
• UnitedHealth GroupUNH0.4%
• AllegionALLE0.4%
• Trane TechnologiesTT0.4%
• Vulcan MaterialsVMC0.4%
• XylemXYL0.3%
• Yum China HoldingsYUMC0.3%
• Williams CompaniesWMB0.3%
• Verizon CommunicationsVZ0.3%
• EnbridgeENB0.3%
• Casey’s General StoresCASY0.3%
• AmetekAME0.3%
• DanaherDHR0.3%
• Texas InstrumentsTXN0.3%
• VeraltoVLTO0.3%
• Iron MountainIRM0.3%
• AonAON0.3%
• BlackRockBLK0.3%
• IQVIA HoldingsIQV0.3%
• Meta PlatformsMETA0.3%
• Walt DisneyDIS0.3%
• OracleORCL0.3%
• Cadence Design SystemsCDNS0.3%
• AstrazenecaAZN0.3%
• CorningGLW0.3%
• At&tT0.3%
• American Water WorksAWK0.3%
• Lam ResearchLRCX0.3%
• WeyerhaeuserWY0.3%
• Idexx LaboratoriesIDXX0.3%
• Hewlett Packard EnterpriseHPE0.3%
• MSCIMSCI0.3%
• AmgenAMGN0.3%
• GE AerospaceGE0.2%
• AutodeskADSK0.2%
• TE ConnectivityTEL0.2%
• Procter & GamblePG0.2%
• Smurfit WestrockSW0.2%