Foundations Investment Advisors portfolio

What changed this quarter

1166 positions with a change (135 new, 582 added to, 348 trimmed, 101 sold); also, 8 entered through an IPO, 2 exited through an acquisition or merger, 3 entered through a spin-off. 10 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• iShares Core S&P 500 ETF+115%more sharesIncreased
  1.9% → 3.8%
• Two RDS Shared Tr−99%fewer sharesReduced
  1.5% → under 0.1%
• Anfield U.s. Equity Sector Rotation ETF−0.9 ppof portfolioSold out
  1.1% → —
• iShares Msci USA Quality FAC ETF−68%fewer sharesReduced
  1.4% → 0.4%
• Horizon Expedition Plus ETF+0.8 ppof portfolioNew
  — → 0.8%
• iShares Msci Eafe Value ETF−53%fewer sharesReduced
  1.8% → 0.7%
• Ciena−51%fewer sharesReduced
  1.2% → 0.6%
• Vanguard Consumer Discre ETF+13,839%more sharesIncreased
  under 0.1% → 0.7%
• iShares US Pharmaceuticals E ETF−99%fewer sharesReduced
  0.7% → under 0.1%
• Ishares Tr+32%more sharesIncreased
  2.2% → 2.4%

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

• iShares Core S&P 500 ETFIVV3.8%
• iShares S&P 500 Growth ETFIVW3.4%
• iShares S&P 500 Value ETFIVE2.9%
• iShares Semiconductor ETFSOXX2.4%
• Ishares TrIUSB2.4%
• BlackRock ETF TrustDYNF2.1%
• Horizon FundsAESR2.0%
• NVIDIANVDA1.9%
• State Street Comm Select Sector SPDR ETFXLC1.8%
• AppleAAPL1.4%
• BlackRock ETF TrustCORO1.3%
• iShares Msci USA Momentum FA ETFMTUM1.2%
• BlackRock ETF TrustBAI1.2%
• AlphabetGOOGL1.2%
• ARK Next Generation Technolo ETFARKW1.1%
• IsharesIEMG1.1%
• MicrosoftMSFT1.0%
• Vertiv HoldingsVRT1.0%
• Horizon Expedition Plus ETFHBTA0.8%
• State Str Spdr S&P 500 ETF TSPY0.8%
• Invesco QQQ Trust Series 1 ETFQQQ0.8%
• Morgan StanleyMS0.8%
• Eli LillyLLY0.8%
• iShares Msci Eafe Growth ETFEFG0.8%
• State Street SPDR BB 1-3m T-bill ETFBIL0.8%
• BlackRock ETF TrustTHRO0.8%
• BlackRock ETF TrustIALT0.8%
• ASML HoldingASML0.8%
• Amazon.comAMZN0.8%
• JPMorgan ChaseJPM0.8%
• CitigroupC0.8%
• Goldman Sachs GroupGS0.8%
• iShares Msci Eafe Value ETFEFV0.7%
• Dimensional ETF TrustDFAC0.7%
• BlackRock ETF TrustIDEF0.7%
• iShares US Treasury Bond ETFGOVT0.7%
• Exchange Listed Funds Trust ETFTDSC0.7%
• iShares 0-1 Year Treasury BO ETFSHV0.7%
• Vanguard Consumer Discre ETFVCR0.7%
• Vanguard S&P 500 ETFVOO0.6%
• Robinhood MarketsHOOD0.6%
• CienaCIEN0.6%
• SPDR Gold Shares ETFGLD0.6%
• Exchange Listed Funds Trust ETFCLSM0.6%
• Vanguard Mrngstar GR ETF-sui ETFVUG0.6%
• Doubleline ETF TrustDBND0.5%
• iShares MBS ETFMBB0.5%
• iShares Gold Trust ETFIAU0.5%
• iShares Select U.s. Reit ETFICF0.5%
• Dimensional ETF Trust0.5%
• OracleORCL0.5%
• iShares 10-20 Year Treasury ETFTLH0.5%
• Doubleline ETF TrustDCRE0.5%
• Innovator Etfs TrustBALT0.5%
• American Centy ETF TrAVDE0.5%
• Two RDS Shared Tr0.5%
• MP MaterialsMP0.5%
• Meta PlatformsMETA0.5%
• Vanguard Index FundsVTI0.5%
• RTXRTX0.4%
• iShares Msci USA Quality FAC ETFQUAL0.4%
• Palo Alto NetworksPANW0.4%
• State Street Industrial Select Sector ETFXLI0.4%
• Ssga Active TrSTOT0.4%
• Doubleline ETF TrustDMBS0.4%
• First Trust Rising Dividend ETFRDVY0.4%
• BlackRock ETF Trust IIGGOV0.3%
• Cerebras SystemsCBRS0.3%
• SouthernSO0.3%
• VisaV0.3%
• Altria GroupMO0.3%
• Exchange Listed Funds TrTDSB0.3%
• Vanguard Intermediate-term T ETFVGIT0.3%
• EchoStarECHO0.3%
• Exxon MobilXOM0.3%
• Doubleline ETF TrustCAPE0.3%
• iShares Core 40/60 Moderate ETFAOM0.3%
• Williams CompaniesWMB0.3%
• Pacer Aristotle Pacific Floa ETFFLRT0.3%
• Vanguard Int-term Corporate ETFVCIT0.3%
• Alibaba Group HoldingBABA0.3%
• Doubleline ETF TrustDMX0.3%
• StrategyMSTR0.3%
• WisdomTree Japan Hedged Eq ETFDXJ0.3%
• iShares Core 60/40 Balanced ETFAOR0.3%
• Dimensional ETF TrustDFIC0.3%
• International Business MachinesIBM0.3%
• Cheniere EnergyLNG0.3%
• Philip Morris InternationalPM0.3%
• Vanguard U.s. Quality Factor ETFVFQY0.3%
• Doubleline ETF TrustDCMT0.3%
• MastercardMA0.3%
• Ishares Bitcoin Trust ETFIBIT0.3%
• BroadcomAVGO0.3%
• Vanguard US Minimum Volatili ETFVFMV0.3%
• Lam ResearchLRCX0.2%
• Doubleline ETF TrustDFVE0.2%
• VALEVALE0.2%
• AIM ETF Products TrustJULU0.2%
• American Centy ETF TrAVEM0.2%