Strategic Wealth Partners portfolio

What changed this quarter

811 positions with a change (83 new, 255 added to, 367 trimmed, 106 sold); also, 8 entered through an IPO, 4 exited through an acquisition or merger, 3 entered through a spin-off. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• STMicroelectronics−93%fewer sharesReduced
  1.1% → 0.2%
• Toll Brothers−99%fewer sharesReduced
  0.9% → under 0.1%
• Red Rock Resorts+1,191%more sharesIncreased
  0.1% → 0.8%
• Walmart+359%more sharesIncreased
  0.2% → 0.9%
• Progressive+2,877%more sharesIncreased
  under 0.1% → 0.7%
• Flowserve−97%fewer sharesReduced
  0.8% → under 0.1%
• iShares Russell 3000 ETF+9,470%more sharesIncreased
  under 0.1% → 0.7%
• United Parcel Service−98%fewer sharesReduced
  0.7% → under 0.1%
• Silicon Motion Technology−97%fewer sharesReduced
  0.7% → 0.1%
• Turning Point Brands+1,142%more sharesIncreased
  0.1% → 0.6%
• First Trust North American E ETF−98%fewer sharesReduced
  0.7% → under 0.1%
• First Trust DJ Internet IND ETF+0.6 ppof portfolioNew
  — → 0.6%

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

• Manager Directed PortfoliosSWP8.8%
• AlphabetGOOGL · GOOG3.1%
• iShares MBS ETFMBB3.0%
• MicrosoftMSFT2.8%
• AppleAAPL2.8%
• iShares Msci Eafe ETFEFA2.6%
• State Street SPDR P St C Corp ETFSPSB2.5%
• BroadcomAVGO2.1%
• iShares 3-7 Year Treasury BO ETFIEI1.9%
• Invesco Exchange Traded Fund TPID1.6%
• Meta PlatformsMETA1.6%
• International Business MachinesIBM1.5%
• Ishares TrLQD1.4%
• NVIDIANVDA1.3%
• JPMorgan ChaseJPM1.3%
• PrologisPLD1.3%
• OracleORCL1.2%
• iShares 0-1 Year Treasury BO ETFSHV1.2%
• Eli LillyLLY1.1%
• Philip Morris InternationalPM1.1%
• United RentalsURI1.1%
• AstrazenecaAZN1.0%
• iShares Core S&P 500 ETFIVV1.0%
• RTXRTX1.0%
• PNC Financial Services GroupPNC1.0%
• Amazon.comAMZN1.0%
• AbbVieABBV1.0%
• State Str Spdr S&P 500 ETF TSPY1.0%
• Vaneck ETF TrustSMH1.0%
• BlackstoneBX1.0%
• American ExpressAXP1.0%
• Taiwan Semiconductor ManufacturingTSM1.0%
• CitigroupC1.0%
• iShares Russell 2000 ETFIWM0.9%
• TJXTJX0.9%
• Invesco QQQ Trust Series 1 ETFQQQ0.9%
• Emerson ElectricEMR0.9%
• Goldman Sachs GroupGS0.9%
• Freeport-McMoRanFCX0.9%
• Delta Air LinesDAL0.9%
• WalmartWMT0.9%
• State Street SPDR S&P Biotech ETFXBI0.9%
• Nextera EnergyNEE0.9%
• Digital Realty TrustDLR0.8%
• Red Rock ResortsRRR0.8%
• CencoraCOR0.8%
• Union PacificUNP0.7%
• Booking HoldingsBKNG0.7%
• CamecoCCJ0.7%
• ProgressivePGR0.7%
• MedtronicMDT0.7%
• BlackRockBLK0.7%
• IsharesEWJ0.7%
• iShares Core Dividend Growth ETFDGRO0.7%
• iShares Russell 3000 ETFIWV0.7%
• Turning Point BrandsTPB0.6%
• Invesco Exchange Traded Fund TRSPN0.6%
• Darden RestaurantsDRI0.6%
• Becton, DickinsonBDX0.6%
• Baker HughesBKR0.6%
• DICK'S Sporting GoodsDKS0.6%
• EnbridgeENB0.6%
• State Street SPDR S&P Regional Bank ETFKRE0.6%
• First Trust DJ Internet IND ETFFDN0.6%
• Advanced Micro DevicesAMD0.4%
• Exxon MobilXOM0.4%
• J P Morgan Exchange Traded FundJEPI0.4%
• Canadian Natural ResourcesCNQ0.4%
• Schwab US DVD Equity ETFSCHD0.4%
• SPDR Gold Shares ETFGLD0.4%
• Establishment Labs HoldingsESTA0.3%
• AmgenAMGN0.3%
• Quanta ServicesPWR0.3%
• Palo Alto NetworksPANW0.3%
• State Street SPDR BB 1-3m T-bill ETFBIL0.3%
• CorpayCPAY0.3%
• UBER TechnologiesUBER0.3%
• QXOQXO0.2%
• iShares Msci Acwi EX US ETFACWX0.2%
• Blue OWL CapitalOWL0.2%
• BrookfieldBN0.2%
• BlackRock Debt Strategies FundDSU0.2%
• TeslaTSLA0.2%
• J P Morgan Exchange Traded FundJPST0.2%
• AirbnbABNB0.2%
• EatonETN0.2%
• Lam ResearchLRCX0.2%
• Global PaymentsGPN0.2%
• NetflixNFLX0.2%
• WisdomTree Floating Rate TRE ETFUSFR0.2%
• STE Str SPDR PT S&P 500 ETFSPYM0.2%
• Comfort Systems USAFIX0.2%
• Berkshire HathawayBRK/B0.2%
• STMicroelectronicsSTM0.2%
• Vanguard Dividend Apprec ETFVIG0.2%
• Morgan StanleyMS0.2%
• iShares Core Msci Eafe ETFIEFA0.2%
• Dimensional ETF TrustDFAC0.1%
• VisaV0.1%