Steigerwald, Gordon & Koch portfolio

What changed this quarter

172 positions with a change (4 new, 49 added to, 99 trimmed, 20 sold); also, 1 entered through an IPO, 1 exited through an acquisition or merger, 2 entered through a spin-off. 2 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Goldman Sachs Group+201%more sharesIncreased
  0.4% → 1.5%
• Cadence Design Systems+110%more sharesIncreased
  0.6% → 1.7%

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

• AppleAAPL5.2%
• JPMorgan ChaseJPM3.8%
• AlphabetGOOGL · GOOG3.5%
• RTXRTX3.4%
• DeereDE3.3%
• MicrosoftMSFT3.1%
• Travelers CompaniesTRV3.1%
• WalmartWMT3.0%
• Johnson & JohnsonJNJ2.9%
• DICK'S Sporting GoodsDKS2.8%
• VisaV2.8%
• CACI InternationalCACI2.8%
• International Business MachinesIBM2.7%
• McKESSONMCK2.7%
• Wells FargoWFC2.7%
• AmgenAMGN2.5%
• VentasVTR2.4%
• StrykerSYK2.2%
• Nextera EnergyNEE2.2%
• Kinder MorganKMI2.2%
• Carrier GlobalCARR2.1%
• LindeLIN1.8%
• Coca-ColaKO1.8%
• Automatic Data ProcessingADP1.8%
• Elevance HealthELV1.7%
• Cadence Design SystemsCDNS1.7%
• Qnity ElectronicsQ1.7%
• SyscoSYY1.6%
• Goldman Sachs GroupGS1.5%
• Check Point Software TechnologiesCHKP1.5%
• OracleORCL1.3%
• PfizerPFE1.2%
• iShares Core S&P 500 ETFIVV1.2%
• RevvityRVTY1.1%
• Omnicom GroupOMC1.0%
• Otis WorldwideOTIS0.9%
• Dupont De NemoursDD0.9%
• At&tT0.9%
• BorgwarnerBWA0.9%
• Walt DisneyDIS0.8%
• BoeingBA0.8%
• AccentureACN0.8%
• NVIDIANVDA0.6%
• United Parcel ServiceUPS0.5%
• CortevaCTVA0.4%
• iShares Core S&P Small-cap E ETFIJR0.4%
• CaterpillarCAT0.4%
• PhiniaPHIN0.3%
• Eli LillyLLY0.3%
• iShares Core S&P Midcap ETFIJH0.3%
• T. Rowe PriceTROW0.3%
• Amazon.comAMZN0.3%
• DanaherDHR0.3%
• ZoetisZTS0.2%
• Berkshire HathawayBRK/B0.2%
• State Str Spdr S&P 500 ETF TSPY0.2%
• Taiwan Semiconductor ManufacturingTSM0.2%
• Cisco SystemsCSCO0.2%
• Home DepotHD0.1%
• General MillsGIS0.1%
• Palantir TechnologiesPLTR0.1%
• BroadcomAVGO0.1%
• Procter & GamblePG0.1%
• Costco WholesaleCOST0.1%
• AdobeADBE0.1%
• Vanguard Index FundsVTI0.1%
• Vanguard High DVD Yield ETFVYM0.1%
• Meta PlatformsMETA0.1%
• Lockheed MartinLMT0.1%
• Palo Alto NetworksPANW0.1%
• AbbVieABBV0.1%
• TeslaTSLA0.1%
• MastercardMA0.1%
• Marriott InternationalMAR0.1%
• American ExpressAXP0.1%
• Applied MaterialsAMAT0.1%
• RadNetRDNT0.1%
• BalchemBCPC0.1%
• Evolv Technologies HoldingsEVLV0.1%
• MerckMRK0.1%
• ASML HoldingASML0.1%
• Duke EnergyDUK0.1%
• FortiveFTV0.1%
• IntelINTC0.1%
• ChubbCB0.1%
• Ligand PharmaceuticalsLGNDunder 0.1%
• Lam ResearchLRCXunder 0.1%
• Invesco Exchange Traded Fund TRSPunder 0.1%
• VeraltoVLTOunder 0.1%
• Vanguard S&P 500 ETFVOOunder 0.1%
• Snap-onSNAunder 0.1%
• iShares Msci Eafe ETFEFAunder 0.1%
• Norfolk SouthernNSCunder 0.1%
• Capital One FinancialCOFunder 0.1%
• Seagate Technology HoldingsSTXunder 0.1%
• STE Str SPDR PT S&P 500 ETFSPYMunder 0.1%
• ChevronCVXunder 0.1%
• iShares Semiconductor ETFSOXXunder 0.1%
• ConocoPhillipsCOPunder 0.1%