Beacon Investment Advisory Services portfolio

What changed this quarter

356 positions with a change (48 new, 86 added to, 161 trimmed, 61 sold); also, 2 entered through an IPO. 2 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Vanguard S&P 500 ETF−98%fewer sharesReduced
  0.8% → under 0.1%
• Palo Alto Networks−27%fewer sharesReduced
  1.9% → 1.6%

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

• Vanguard Index FundsVTI7.4%
• iShares Core S&P Small-cap E ETFIJR6.1%
• MicrosoftMSFT3.3%
• iShares Gold Trust ETFIAU3.1%
• Vanguard Ftse Developed ETFVEA3.1%
• AppleAAPL2.9%
• Advanced Micro DevicesAMD2.8%
• NVIDIANVDA2.5%
• Vanguard S/t Corp Bond ETFVCSH2.4%
• iShares 1-3 Year Treasury BO ETFSHY2.4%
• Vanguard Dividend Apprec ETFVIG2.1%
• AlphabetGOOGL · GOOG2.0%
• JPMorgan ChaseJPM1.9%
• MastercardMA1.7%
• iShares Msci Acwi ETFACWI1.7%
• Analog DevicesADI1.7%
• AmgenAMGN1.6%
• Palo Alto NetworksPANW1.6%
• Applied MaterialsAMAT1.6%
• Southern Copper Corp/SCCO1.5%
• Morgan StanleyMS1.5%
• CaterpillarCAT1.5%
• iShares Core U.s. Aggregate ETFAGG1.4%
• J P Morgan Exchange Traded FundJPST1.3%
• FortinetFTNT1.2%
• Ross StoresROST1.2%
• iShares Core S&P 500 ETFIVV1.1%
• Johnson & JohnsonJNJ1.1%
• Arista NetworksANET1.1%
• Idexx LaboratoriesIDXX1.0%
• TJXTJX1.0%
• Vertex PharmaceuticalsVRTX0.9%
• Vanguard International Equity Index FVWO0.9%
• State Str Spdr S&P 500 ETF TSPY0.9%
• EatonETN0.9%
• Eli LillyLLY0.9%
• AbbVieABBV0.8%
• BroadcomAVGO0.8%
• ChevronCVX0.8%
• DexcomDXCM0.8%
• Taiwan Semiconductor ManufacturingTSM0.7%
• Cisco SystemsCSCO0.7%
• Gilead SciencesGILD0.6%
• Booking HoldingsBKNG0.6%
• DanaherDHR0.6%
• GE VernovaGEV0.6%
• Intuitive SurgicalISRG0.5%
• Meta PlatformsMETA0.5%
• United RentalsURI0.5%
• Valero EnergyVLO0.5%
• EcolabECL0.5%
• Digital Realty TrustDLR0.5%
• StrykerSYK0.4%
• Pacer US Cash Cows 100 ETFCOWZ0.4%
• RTXRTX0.4%
• NVRNVR0.4%
• Goldman Sachs GroupGS0.4%
• ChubbCB0.4%
• Generac HoldingsGNRC0.4%
• Nextera EnergyNEE0.4%
• NewmontNEM0.4%
• Vanguard Total Bond Market ETFBND0.4%
• UBER TechnologiesUBER0.3%
• Snap-onSNA0.3%
• Bank of AmericaBAC0.3%
• HealthequityHQY0.3%
• Honeywell InternationalHON0.3%
• Amazon.comAMZN0.3%
• AllstateALL0.3%
• Darden RestaurantsDRI0.3%
• BoeingBA0.3%
• InsuletPODD0.3%
• MedtronicMDT0.3%
• Waste ManagementWM0.3%
• EnbridgeENB0.3%
• iShares Russell 2000 ETFIWM0.3%
• EquinixEQIX0.3%
• CME GroupCME0.3%
• Mettler-Toledo InternationalMTD0.3%
• PepsicoPEP0.2%
• International Business MachinesIBM0.2%
• Northrop GrummanNOC0.2%
• ServiceNowNOW0.2%
• AdobeADBE0.2%
• Illinois Tool WorksITW0.2%
• Pinnacle West CapitalPNW0.2%
• Invesco Actively Managed EXCGSY0.2%
• Honeywell AerospaceHONA0.2%
• Moody'sMCO0.2%
• CognexCGNX0.2%
• Novo Nordisk A/sNVO0.2%
• Pimco Enhanced Short Maturit ETFMINT0.2%
• J P Morgan Exchange Traded FundJMST0.2%
• IntuitINTU0.2%
• StarbucksSBUX0.2%
• Williams-sonomaWSM0.2%
• Berkshire HathawayBRK/B0.2%
• SalesforceCRM0.2%
• Exxon MobilXOM0.1%