Red Door Wealth Management portfolio

What changed this quarter

219 positions with a change (28 new, 128 added to, 44 trimmed, 19 sold); also, 1 entered through an IPO, 1 entered through a spin-off. 11 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Cintas+1.0 ppof portfolioNew
  — → 1.0%
• FedEx−92%fewer sharesReduced
  1.3% → 0.1%
• Johnson & Johnson−56%fewer sharesReduced
  1.7% → 0.7%
• Barrick Mining+191%more sharesIncreased
  0.5% → 1.2%
• Exxon Mobil−0.8 ppof portfolioSold out
  0.9% → —
• J P Morgan Exchange Traded Fund+77%more sharesIncreased
  0.9% → 1.4%
• O Reilly Automotive+447%more sharesIncreased
  0.2% → 0.7%
• ConocoPhillips+814%more sharesIncreased
  0.1% → 0.6%
• Prologis−0.6 ppof portfolioSold out
  0.6% → —
• Taiwan Semiconductor Manufacturing+93%more sharesIncreased
  0.5% → 1.1%
• Darling Ingredients−90%fewer sharesReduced
  0.8% → 0.1%

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

• Schwab US Large-cap ETFSCHX5.2%
• NVIDIANVDA4.8%
• AlphabetGOOG · GOOGL4.6%
• AppleAAPL4.1%
• Dell TechnologiesDELL4.1%
• Berkshire HathawayBRK/B3.8%
• 2023 ETF Series TrustEAGL3.5%
• Amazon.comAMZN2.9%
• JPMorgan ChaseJPM2.5%
• MicrosoftMSFT2.5%
• Vanguard S&P 500 ETFVOO2.4%
• WalmartWMT1.7%
• iShares Core S&P 500 ETFIVV1.6%
• VisaV1.5%
• J P Morgan Exchange Traded FundJMST1.4%
• Costco WholesaleCOST1.4%
• MerckMRK1.4%
• Meta PlatformsMETA1.4%
• BroadcomAVGO1.3%
• ASML HoldingASML1.3%
• Invesco QQQ Trust Series 1 ETFQQQ1.3%
• Barrick MiningB1.2%
• TransDigm GroupTDG1.1%
• Taiwan Semiconductor ManufacturingTSM1.1%
• AmgenAMGN1.1%
• ChevronCVX1.1%
• AbbVieABBV1.1%
• Home DepotHD1.1%
• AutoZoneAZO1.1%
• CintasCTAS1.0%
• QualcommQCOM1.0%
• Waste ManagementWM0.9%
• UnitedHealth GroupUNH0.9%
• BlackstoneBX0.8%
• Schwab US Broad Market ETFSCHB0.8%
• O Reilly AutomotiveORLY0.7%
• Lockheed MartinLMT0.7%
• SynopsysSNPS0.7%
• Duke EnergyDUK0.7%
• Procter & GamblePG0.7%
• Johnson & JohnsonJNJ0.7%
• Palo Alto NetworksPANW0.7%
• ConocoPhillipsCOP0.6%
• SPDR Gold Shares ETFGLD0.6%
• Schwab US DVD Equity ETFSCHD0.6%
• LennarLEN/B0.5%
• PepsicoPEP0.5%
• Verizon CommunicationsVZ0.5%
• State Str Spdr S&P 500 ETF TSPY0.5%
• Mid-america Apartment CommunitiesMAA0.5%
• Vanguard Index FundsVTI0.4%
• iShares Gold Trust ETFIAU0.4%
• CorningGLW0.4%
• Marvell TechnologyMRVL0.4%
• Grayscale Bitcoin Trust ETFGBTC0.4%
• SalesforceCRM0.4%
• Eli LillyLLY0.4%
• Sprott Asset ManagementPHYS0.4%
• Lam ResearchLRCX0.4%
• Dimensional ETF TrustDFUS0.3%
• Vanguard Admiral FundsVIOV0.3%
• American TowerAMT0.3%
• Philip Morris InternationalPM0.3%
• Schwab International Equity ETFSCHF0.3%
• American ExpressAXP0.3%
• Schwab US Mid Cap ETFSCHM0.3%
• TeslaTSLA0.2%
• At&tT0.2%
• SouthernSO0.2%
• Schwab Fndmntl US BRD MR ETFFNDB0.2%
• RTXRTX0.2%
• State Str Spdr S&P Midcap 40MDY0.2%
• AdobeADBE0.2%
• Ishares Bitcoin Trust ETFIBIT0.2%
• HCA HealthcareHCA0.2%
• Invesco Exchange Traded Fund TRSP0.2%
• Micron TechnologyMU0.2%
• McDONALD’SMCD0.2%
• FTAI AviationFTAI0.2%
• Intercontinental ExchangeICE0.2%
• State Street Technology Select Sector ETFXLK0.2%
• NetflixNFLX0.2%
• Vanguard High DVD Yield ETFVYM0.2%
• OracleORCL0.2%
• Enterprise Products PartnersEPD0.2%
• State Street SPDR BB 1-3m T-bill ETFBIL0.2%
• Lowe'sLOW0.2%
• CaterpillarCAT0.2%
• Advanced Micro DevicesAMD0.2%
• BlackRockBLK0.2%
• GE VernovaGEV0.2%
• Cisco SystemsCSCO0.2%
• CrowdStrike HoldingsCRWD0.1%
• Texas InstrumentsTXN0.1%
• Vanguard Total International Stock ETFVXUS0.1%
• Altria GroupMO0.1%
• Vanguard International Equity Index FVWO0.1%
• International Business MachinesIBM0.1%
• Reaves Util Income FundUTG0.1%