Treasurer of the State of North Carolina portfolio

What changed this quarter

865 positions with a change (130 new, 307 added to, 391 trimmed, 37 sold); also, 2 entered through an IPO, 7 exited through an acquisition or merger, 2 entered through a spin-off. 1 is listed here: those of 0.5 points of the portfolio or more (up to 12).

• Invesco Variable Rate Prefer ETF+0.9 ppof portfolioNew
  — → 0.9%

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

• NVIDIANVDA5.6%
• AppleAAPL5.1%
• AlphabetGOOGL · GOOG4.6%
• iShares Russell 2000 ETFIWM4.6%
• MicrosoftMSFT3.5%
• Amazon.comAMZN3.0%
• BroadcomAVGO2.3%
• Micron TechnologyMU1.7%
• Meta PlatformsMETA1.7%
• TeslaTSLA1.6%
• Eli LillyLLY1.2%
• Advanced Micro DevicesAMD1.0%
• Berkshire HathawayBRK/B1.0%
• JPMorgan ChaseJPM1.0%
• Johnson & JohnsonJNJ0.9%
• Invesco Variable Rate Prefer ETFVRP0.9%
• Lam ResearchLRCX0.9%
• Applied MaterialsAMAT0.9%
• Cisco SystemsCSCO0.8%
• IntelINTC0.8%
• VisaV0.8%
• KLAKLAC0.7%
• Exxon MobilXOM0.6%
• Procter & GamblePG0.6%
• Bank of AmericaBAC0.6%
• CaterpillarCAT0.5%
• WalmartWMT0.5%
• AbbVieABBV0.5%
• Texas InstrumentsTXN0.5%
• Costco WholesaleCOST0.5%
• MastercardMA0.5%
• MerckMRK0.4%
• Vaneck ETF TrustPFXF0.4%
• SandiskSNDK0.4%
• GE AerospaceGE0.4%
• UnitedHealth GroupUNH0.4%
• iShares US Infrastructure ETFIFRA0.4%
• Global X MLP & Energy Infras ETFMLPX0.4%
• NetflixNFLX0.4%
• Home DepotHD0.4%
• GE VernovaGEV0.4%
• International Business MachinesIBM0.4%
• Analog DevicesADI0.4%
• OracleORCL0.4%
• Palantir TechnologiesPLTR0.4%
• Coca-ColaKO0.3%
• ChevronCVX0.3%
• AmphenolAPH0.3%
• QualcommQCOM0.3%
• Goldman Sachs GroupGS0.3%
• Philip Morris InternationalPM0.3%
• Palo Alto NetworksPANW0.3%
• American ExpressAXP0.3%
• McDONALD’SMCD0.3%
• Arista NetworksANET0.3%
• Marvell TechnologyMRVL0.3%
• Western DigitalWDC0.3%
• RTXRTX0.3%
• Wells FargoWFC0.3%
• General DynamicsGD0.3%
• Walt DisneyDIS0.3%
• IsharesPOWR0.3%
• Duke EnergyDUK0.3%
• LindeLIN0.3%
• CitigroupC0.3%
• Vanguard Long-term Treasury ETFVGLT0.3%
• Morgan StanleyMS0.3%
• Thermo Fisher ScientificTMO0.3%
• Gilead SciencesGILD0.3%
• Charles SchwabSCHW0.2%
• Nextera EnergyNEE0.2%
• iShares Gsci Commodity Dynam ETFCOMT0.2%
• CorningGLW0.2%
• CumminsCMI0.2%
• Capital One FinancialCOF0.2%
• AmgenAMGN0.2%
• SalesforceCRM0.2%
• CrowdStrike HoldingsCRWD0.2%
• ConocoPhillipsCOP0.2%
• EatonETN0.2%
• PepsicoPEP0.2%
• Simon Property GroupSPG0.2%
• iShares Global Industrials E ETFEXI0.2%
• MedtronicMDT0.2%
• AmetekAME0.2%
• Union PacificUNP0.2%
• Verizon CommunicationsVZ0.2%
• EntergyETR0.2%
• TJXTJX0.2%
• DeereDE0.2%
• BoeingBA0.2%
• Automatic Data ProcessingADP0.2%
• WelltowerWELL0.2%
• AmerenAEE0.2%
• Abbott LaboratoriesABT0.2%
• AppLovinAPP0.2%
• United RentalsURI0.2%
• Keysight TechnologiesKEYS0.2%
• Freeport-McMoRanFCX0.2%