Trexquant Investment portfolio

What changed this quarter

2011 positions with a change (469 new, 578 added to, 551 trimmed, 413 sold); also, 11 exited through an acquisition or merger. 9 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Micron Technology−65%fewer sharesReduced
  1.4% → 1.4%
• JPMorgan Chase+519%more sharesIncreased
  0.2% → 1.2%
• Costco Wholesale+0.7 ppof portfolioNew
  — → 0.7%
• Intuit+300%more sharesIncreased
  0.5% → 0.9%
• Amazon.com+53%more sharesIncreased
  1.4% → 2.0%
• Meta Platforms+306%more sharesIncreased
  0.3% → 0.9%
• Broadcom−49%fewer sharesReduced
  1.1% → 0.6%
• Netflix+0.5 ppof portfolioNew
  — → 0.5%
• Citigroup−60%fewer sharesReduced
  0.8% → 0.4%

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

• NVIDIANVDA3.1%
• AlphabetGOOGL · GOOG2.1%
• Amazon.comAMZN2.0%
• AppleAAPL1.8%
• MicrosoftMSFT1.5%
• Micron TechnologyMU1.4%
• TeslaTSLA1.2%
• JPMorgan ChaseJPM1.2%
• IntuitINTU0.9%
• Meta PlatformsMETA0.9%
• Costco WholesaleCOST0.7%
• Palantir TechnologiesPLTR0.7%
• Eli LillyLLY0.7%
• Intuitive SurgicalISRG0.6%
• PepsicoPEP0.6%
• BroadcomAVGO0.6%
• Wells FargoWFC0.6%
• At&tT0.6%
• MedtronicMDT0.5%
• NetflixNFLX0.5%
• TJXTJX0.5%
• AccentureACN0.5%
• Ross StoresROST0.5%
• ChevronCVX0.5%
• Coca-ColaKO0.5%
• Walt DisneyDIS0.4%
• Berkshire HathawayBRK/B0.4%
• OracleORCL0.4%
• Bank of AmericaBAC0.4%
• Idexx LaboratoriesIDXX0.4%
• WalmartWMT0.4%
• SynopsysSNPS0.4%
• Casey’s General StoresCASY0.4%
• Novo Nordisk A/sNVO0.4%
• SandiskSNDK0.4%
• CitigroupC0.4%
• CopartCPRT0.4%
• RTXRTX0.4%
• CarnivalCCL0.3%
• Hewlett Packard EnterpriseHPE0.3%
• BoeingBA0.3%
• Boston ScientificBSX0.3%
• Seagate Technology HoldingsSTX0.3%
• General DynamicsGD0.3%
• Johnson & JohnsonJNJ0.3%
• ZoetisZTS0.3%
• CortevaCTVA0.3%
• QualcommQCOM0.3%
• General MotorsGM0.3%
• Colgate-palmoliveCL0.3%
• Cognizant Technology SolutionsCTSH0.3%
• IntelINTC0.3%
• Charles SchwabSCHW0.3%
• GE AerospaceGE0.3%
• TargetTGT0.3%
• FortinetFTNT0.3%
• Taiwan Semiconductor ManufacturingTSM0.3%
• Bloom EnergyBE0.3%
• Trane TechnologiesTT0.3%
• PPLPPL0.3%
• Chipotle Mexican GrillCMG0.2%
• SNAPSNAP0.2%
• T-mobile USTMUS0.2%
• Johnson Controls InternationalJCI0.2%
• State Str Spdr S&P 500 ETF TSPY0.2%
• Ally FinancialALLY0.2%
• ModernaMRNA0.2%
• Five BelowFIVE0.2%
• CME GroupCME0.2%
• Advanced Micro DevicesAMD0.2%
• e.l.f. BeautyELF0.2%
• McDONALD’SMCD0.2%
• Las Vegas SandsLVS0.2%
• Quanta ServicesPWR0.2%
• Veeva SystemsVEEV0.2%
• EOG ResourcesEOG0.2%
• Lyondellbasell IndustriesLYB0.2%
• NetAppNTAP0.2%
• DexcomDXCM0.2%
• James Hardie IndustriesJHX0.2%
• Tower SemiconductorTSEM0.2%
• Viavi SolutionsVIAV0.2%
• GentexGNTX0.2%
• BlackRockBLK0.2%
• Southwest AirlinesLUV0.2%
• CaterpillarCAT0.2%
• CSXCSX0.2%
• Burlington StoresBURL0.2%
• TerawulfWULF0.2%
• HalliburtonHAL0.2%
• Harley-DavidsonHOG0.2%
• Capital One FinancialCOF0.2%
• Hartford Insurance GroupHIG0.2%
• TopBuildBLD0.2%
• Suncor EnergySU0.2%
• Occidental PetroleumOXY0.2%
• KrogerKR0.2%
• Hilton Worldwide HoldingsHLT0.2%
• Dell TechnologiesDELL0.2%