Summit Financial portfolio

What changed this quarter

1373 positions with a change (218 new, 663 added to, 447 trimmed, 45 sold); also, 5 entered through an IPO, 5 exited through an acquisition or merger, 3 entered through a spin-off. 1 is listed here: those of 0.5 points of the portfolio or more (up to 12).

• iShares Ultra Short Duration ETF+1,380%more sharesIncreased
  0.1% → 0.7%

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

• Vanguard Index FundsVTI7.1%
• Vanguard International Equity Index FVEU3.2%
• iShares Core S&P 500 ETFIVV2.5%
• AppleAAPL2.2%
• Vanguard Mrngstar GR ETF-sui ETFVUG1.7%
• NVIDIANVDA1.7%
• Vanguard Mrngstr Val ETF-aui ETFVTV1.4%
• Vanguard S&P 500 ETFVOO1.3%
• State Str Spdr S&P 500 ETF TSPY1.2%
• Invesco Nasdaq 100 ETFQQQM1.2%
• Amazon.comAMZN1.1%
• J P Morgan Exchange Traded FundJBND1.0%
• Invesco QQQ Trust Series 1 ETFQQQ1.0%
• MicrosoftMSFT1.0%
• Berkshire HathawayBRK/B0.9%
• State Street SPDR P S&P 500 Growth ETFSPYG0.9%
• Pimco Multisector Bond Actv ETFPYLD0.8%
• AlphabetGOOG0.7%
• State Street SPDR P S&P 500 Value ETFSPYV0.7%
• iShares Ultra Short Duration ETFICSH0.7%
• Vanguard Ftse Developed ETFVEA0.6%
• JPMorgan ChaseJPM0.6%
• Vanguard Index FundsVBR0.6%
• BroadcomAVGO0.6%
• iShares Core Msci Eafe ETFIEFA0.6%
• Meta PlatformsMETA0.5%
• iShares Russell 2000 ETFIWM0.5%
• Vanguard Index FundsVO0.5%
• BlackRock ETF Trust IIBINC0.5%
• TeslaTSLA0.5%
• Vaneck ETF TrustSMH0.5%
• Vanguard Index FundsVOE0.4%
• Applied MaterialsAMAT0.4%
• CaterpillarCAT0.4%
• Palantir TechnologiesPLTR0.4%
• Advanced Micro DevicesAMD0.4%
• Micron TechnologyMU0.4%
• Eli LillyLLY0.4%
• Vanguard Most Sm-cap ETF-usd ETFVB0.4%
• Ishares TrIUSB0.4%
• iShares Core S&P Midcap ETFIJH0.4%
• iShares Core U.s. Aggregate ETFAGG0.4%
• St SR UTL SL SE SPDR ETF-usd ETFXLU0.4%
• IsharesIEMG0.4%
• iShares Ibonds DEC 2030 ETFIBDV0.4%
• Invesco Exchange Traded Fund TRSP0.4%
• Schwab US Large-cap Growth ETFSCHG0.4%
• iShares Msci Eafe Min Vol FA ETFEFAV0.4%
• Goldman Sachs GroupGS0.4%
• Dell TechnologiesDELL0.4%
• WalmartWMT0.4%
• Vanguard Int-term Corporate ETFVCIT0.4%
• Invesco Exchange Traded Fund TPDP0.3%
• iShares Core S&P Total U.s ETFITOT0.3%
• Johnson & JohnsonJNJ0.3%
• iShares Ibonds DEC 2033 ETFIBDY0.3%
• American Centy ETF TrAVEM0.3%
• iShares Ibonds DEC 2032 TC ETFIBDX0.3%
• iShares Ibonds DEC 2031 ETFIBDW0.3%
• iShares Ibonds DEC 2029 Term ETFIBDU0.3%
• Vanguard Core-plus Bond ETFVPLS0.3%
• iShares Ibonds DEC 2028 ETFIBDT0.3%
• Schwab US Large-cap ETFSCHX0.3%
• Ishares TrIBDZ0.3%
• Wheaton Precious MetalsWPM0.3%
• iShares S&P 500 Value ETFIVE0.3%
• Vanguard International Equity Index FVWO0.3%
• iShares Russell 2000 Growth ETFIWO0.3%
• Costco WholesaleCOST0.3%
• Vanguard High DVD Yield ETFVYM0.3%
• Exxon MobilXOM0.3%
• Schwab Intermediate-term US ETFSCHR0.3%
• CienaCIEN0.3%
• Taiwan Semiconductor ManufacturingTSM0.3%
• State Str Spdr DOW Jones INDDIA0.3%
• First Trust Smid Cap Rising ETFSDVY0.3%
• AbbVieABBV0.3%
• Fidelity Total Bond ETFFBND0.3%
• State Street Technology Select Sector ETFXLK0.3%
• SPDR Gold Shares ETFGLD0.3%
• iShares Russell 1000 Growth ETFIWF0.2%
• VisaV0.2%
• iShares Russell 1000 Value E ETFIWD0.2%
• Vanguard Dividend Apprec ETFVIG0.2%
• iShares Core S&P Small-cap E ETFIJR0.2%
• Goldman Sachs Core Bond ETFGBND0.2%
• MerckMRK0.2%
• Amplify CWP Enhan Divid ETFDIVO0.2%
• Vanguard Admiral FundsVOOG0.2%
• Victory Portfolios IIVFLO0.2%
• Invesco S&P 500 Momentum ETFSPMO0.2%
• Cisco SystemsCSCO0.2%
• Vaneck ETF TrustMOAT0.2%
• iShares Gold Trust ETFIAU0.2%
• United RentalsURI0.2%
• J P Morgan Exchange Traded FundJMUB0.2%
• CrowdStrike HoldingsCRWD0.2%
• Vanguard Total International Stock ETFVXUS0.2%
• Schwab US DVD Equity ETFSCHD0.2%
• IsharesEWJ0.2%