Summit Financial Strategies portfolio

What changed this quarter

114 positions with a change (6 new, 50 added to, 44 trimmed, 14 sold). 7 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Schwab US Broad Market ETF−22%fewer sharesReduced
  4.7% → 3.7%
• iShares Core S&P 500 ETF+11%more sharesIncreased
  9.5% → 10.6%
• iShares Core S&P Midcap ETF+15%more sharesIncreased
  5.7% → 6.0%
• J P Morgan Exchange Traded Fund+8.3%more sharesIncreased
  9.2% → 9.4%
• Schwab US Mid Cap ETF−25%fewer sharesReduced
  2.9% → 2.0%
• Dimensional ETF Trust+8.8%more sharesIncreased
  6.9% → 7.5%
• Vanguard Russell 1000 Growth ETF+21%more sharesIncreased
  2.8% → 3.3%

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 ETFIVV10.6%
• Dimensional ETF TrustDFIC10.5%
• J P Morgan Exchange Traded FundJCPB9.4%
• Fidelity Total Bond ETFFBND7.6%
• Dimensional ETF TrustDFLV7.5%
• iShares Core S&P Midcap ETFIJH6.0%
• American Centy ETF TrAVEM5.3%
• Packaging Corp of AmericaPKG3.8%
• Schwab US Broad Market ETFSCHB3.7%
• iShares Core S&P Small-cap E ETFIJR3.6%
• Vanguard Russell 1000 Growth ETFVONG3.3%
• Vanguard Index FundsVBK3.2%
• Dimensional ETF TrustDFAT2.5%
• Dimensional ETF TrustDFGR2.4%
• Schwab US Mid Cap ETFSCHM2.0%
• AppleAAPL1.6%
• Schwab US Small-cap ETFSCHA1.0%
• Berkshire HathawayBRK/B · BRK/A1.0%
• Vanguard S&P 500 ETFVOO0.9%
• MicrosoftMSFT0.9%
• WalmartWMT0.6%
• J P Morgan Exchange Traded FundJMUB0.6%
• Vanguard Ftse Developed ETFVEA0.4%
• iShares Russell 1000 ETFIWB0.4%
• Dimensional ETF TrustDFUV0.4%
• Janus Henderson AAA CLO ETFJAAA0.4%
• Schwab US Large-cap ETFSCHX0.3%
• State Str Spdr S&P 500 ETF TSPY0.3%
• AlphabetGOOGL · GOOG0.3%
• iShares Msci Eafe ETFEFA0.3%
• Schwab International Equity ETFSCHF0.3%
• SPDR Gold Shares ETFGLD0.3%
• iShares Russell 1000 Growth ETFIWF0.3%
• TeslaTSLA0.3%
• Civista BancsharesCIVB0.3%
• Vanguard Index FundsVO0.3%
• JPMorgan ChaseJPM0.2%
• iShares Russell Mid-cap ETFIWR0.2%
• Vanguard International Equity Index FVSS0.2%
• NVIDIANVDA0.2%
• Schwab US Aggregate Bond ETFSCHZ0.2%
• American Centy ETF TrAVLV0.2%
• Schwab U.s. Tips ETFSCHP0.2%
• Applied MaterialsAMAT0.2%
• iShares Msci Eafe Value ETFEFV0.2%
• Vanguard International Equity Index FVWO0.2%
• iShares Russell 1000 Value E ETFIWD0.2%
• AbbVieABBV0.2%
• Morgan Stanley ETF TrustEVTR0.2%
• Dimensional ETF TrustDFAC0.1%
• Amazon.comAMZN0.1%
• Exxon MobilXOM0.1%
• Eli LillyLLY0.1%
• Pimco Shrt TRM Muni BND ETFSMMU0.1%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.1%
• Energy TransferET0.1%
• Park NationalPRK0.1%
• Texas InstrumentsTXN0.1%
• CaterpillarCAT0.1%
• Vanguard Index FundsVTI0.1%
• iShares S&P 500 Growth ETFIVW0.1%
• Pgim Ultra Short Bond ETFPULS0.1%
• Procter & GamblePG0.1%
• Installed Building ProductsIBP0.1%
• iShares Russell 2000 ETFIWM0.1%
• Vanguard Mrngstar GR ETF-sui ETFVUG0.1%
• Vanguard Index FundsVOE0.1%
• Johnson & JohnsonJNJ0.1%
• Bank of New York MellonBNY0.1%
• Vanguard Admiral FundsIVOO0.1%
• State Street SPDR P S&P 1500 Comp ETFSPTM0.1%
• Vanguard International Equity Index FVEU0.1%
• Invesco QQQ Trust Series 1 ETFQQQ0.1%
• State Street SPDR P S&P 600 Small Cap ETFSPSM0.1%
• EcolabECL0.1%
• DeereDE0.1%
• iShares International Aggregate Bond ETFIAGG0.1%
• Schwab US Large-cap Growth ETFSCHG0.1%
• STE Str SPDR PT DW EU ETFSPDW0.1%
• STE Str SPDR PT S&P 500 ETFSPYM0.1%
• Palantir TechnologiesPLTR0.1%
• WidePointWYY0.1%
• MerckMRK0.1%
• Abbott LaboratoriesABTunder 0.1%
• iShares Select Dividend ETFDVYunder 0.1%
• Meta PlatformsMETAunder 0.1%
• AmgenAMGNunder 0.1%
• Cincinnati FinancialCINFunder 0.1%
• ChevronCVXunder 0.1%
• Huntington BancsharesHBANunder 0.1%
• EatonETNunder 0.1%
• Worthington EnterprisesWORunder 0.1%
• State Street SPDR BB 1-3m T-bill ETFBILunder 0.1%
• iShares Russell 3000 ETFIWVunder 0.1%
• IntelINTCunder 0.1%
• Vanguard Info Tech ETFVGTunder 0.1%
• UnitedHealth GroupUNHunder 0.1%
• GE VernovaGEVunder 0.1%