Nicholas Hoffman portfolio

What changed this quarter

189 positions with a change (14 new, 96 added to, 61 trimmed, 18 sold).

No moves of 0.5 points of the portfolio or more.

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 S&P 500 ETFVOO20.6%
• Vanguard Ftse Developed ETFVEA19.3%
• Berkshire HathawayBRK/B · BRK/A8.4%
• Vanguard International Equity Index FVWO8.3%
• Vanguard Index FundsVO7.9%
• Vanguard Most Sm-cap ETF-usd ETFVB4.5%
• Vanguard Dividend Apprec ETFVIG3.7%
• Vanguard Instl Index FundVBIL2.7%
• AlphabetGOOG · GOOGL1.9%
• Vanguard Index FundsVTI1.8%
• MicrosoftMSFT1.7%
• Invesco QQQ Trust Series 1 ETFQQQ1.5%
• Vanguard International Equity Index FVEU1.4%
• BroadcomAVGO1.3%
• State Str Spdr S&P 500 ETF TSPY1.3%
• IntuitINTU1.0%
• AppleAAPL0.8%
• Coca-ColaKO0.3%
• Schwab Fndmntl EM MRK Eq ETFFNDE0.3%
• Schwab Fndmntl US LRG Co ETFFNDX0.3%
• Schwab International Equity ETFSCHF0.3%
• Schwab International Small-cap Equity ETFSCHC0.3%
• Schwab Fndmn International LRG Co ETFFNDF0.3%
• NVIDIANVDA0.3%
• Eli LillyLLY0.2%
• Vanguard Total International Stock ETFVXUS0.2%
• Huntington BancsharesHBAN0.2%
• CaterpillarCAT0.2%
• AccentureACN0.2%
• Johnson & JohnsonJNJ0.2%
• Vanguard Index FundsVBR0.2%
• Amazon.comAMZN0.2%
• Schwab Emrg Mrkts Eqty ETFSCHE0.2%
• IsharesEEMA0.2%
• Dimensional US Core Equity 2 ETF0.2%
• iShares Msci Eafe Growth ETFEFG0.1%
• Schwab Fndmnt International SM Eq ETFFNDC0.1%
• Exxon MobilXOM0.1%
• iShares Core S&P 500 ETFIVV0.1%
• Home DepotHD0.1%
• SouthernSO0.1%
• ChevronCVX0.1%
• Meta PlatformsMETA0.1%
• Vanguard Core Bond ETFVCRB0.1%
• JPMorgan ChaseJPM0.1%
• iShares Msci All Country ASI ETFAAXJ0.1%
• VisaV0.1%
• Bank of AmericaBAC0.1%
• Procter & GamblePG0.1%
• iShares Russell 2000 ETFIWM0.1%
• United Parcel ServiceUPS0.1%
• WalmartWMT0.1%
• Schwab US Large-cap ETFSCHX0.1%
• Costco WholesaleCOST0.1%
• Philip Morris InternationalPM0.1%
• RTXRTX0.1%
• McDONALD’SMCD0.1%
• Automatic Data ProcessingADP0.1%
• WisdomTree EM Small Cap ETFDGS0.1%
• SPDR Gold Shares ETFGLD0.1%
• Cisco SystemsCSCO0.1%
• Verizon CommunicationsVZ0.1%
• Dimensional ETF TrustDFUV0.1%
• AbbVieABBV0.1%
• iShares Msci Eafe Small-cap ETFSCZ0.1%
• Schwab US Mid Cap ETFSCHM0.1%
• At&tT0.1%
• Norfolk SouthernNSC0.1%
• Palo Alto NetworksPANW0.1%
• Goldman Sachs GroupGS0.1%
• International Business MachinesIBM0.1%
• Vanguard Int Div APP Indx FundVIGI0.1%
• MastercardMA0.1%
• Vanguard Mrngstar GR ETF-sui ETFVUG0.1%
• Schwab US Broad Market ETFSCHB0.1%
• Altria GroupMOunder 0.1%
• iShares Msci Eafe ETFEFAunder 0.1%
• Truist FinancialTFCunder 0.1%
• Schwab US Small-cap ETFSCHAunder 0.1%
• Genuine PartsGPCunder 0.1%
• Bristol-myers SquibbBMYunder 0.1%
• MerckMRKunder 0.1%
• General DynamicsGDunder 0.1%
• Columbia EM Core Ex-china ETFXCEMunder 0.1%
• Dimensional ETF TrustDFUSunder 0.1%
• Duke EnergyDUKunder 0.1%
• Schwab Fndmntl US BRD MR ETFFNDBunder 0.1%
• Seagate Technology HoldingsSTXunder 0.1%
• Tidal Trust IIRSSBunder 0.1%
• Travelers CompaniesTRVunder 0.1%
• Northrop GrummanNOCunder 0.1%
• AstrazenecaAZNunder 0.1%
• GMO ETF TrustQLTYunder 0.1%
• GSKGSKunder 0.1%
• UnileverULunder 0.1%
• IntelINTCunder 0.1%
• PPG IndustriesPPGunder 0.1%
• CumminsCMIunder 0.1%