Wealth Alliance portfolio

What changed this quarter

518 positions with a change (60 new, 156 added to, 262 trimmed, 40 sold); also, 2 entered through an IPO, 3 entered through a spin-off. 11 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• iShares Core S&P 500 ETF+33%more sharesIncreased
  4.1% → 5.2%
• iShares S&P 500 Growth ETF+47%more sharesIncreased
  2.4% → 3.7%
• Ishares Tr+48%more sharesIncreased
  2.6% → 3.2%
• iShares Msci USA Quality FAC ETF−84%fewer sharesReduced
  1.2% → 0.2%
• Apple+9.7%more sharesIncreased
  8.5% → 9.0%
• iShares Msci Eafe Value ETF−48%fewer sharesReduced
  1.9% → 0.8%
• BlackRock ETF Trust+23%more sharesIncreased
  3.2% → 3.8%
• BlackRock ETF Trust+0.7 ppof portfolioNew
  — → 0.7%
• Ishares−29%fewer sharesReduced
  2.0% → 1.4%
• Capital Group Dividend Value+140%more sharesIncreased
  0.4% → 1.0%
• iShares S&P 100 ETF+75%more sharesIncreased
  0.7% → 1.2%

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

• AppleAAPL9.0%
• iShares Core S&P 500 ETFIVV5.2%
• BlackRock ETF TrustDYNF3.8%
• iShares S&P 500 Growth ETFIVW3.7%
• Ishares TrIUSB3.2%
• iShares S&P 500 Value ETFIVE2.3%
• T Rowe Price Exchange-tradedTOUS · TCAF1.8%
• AlphabetGOOGL · GOOG1.5%
• IsharesIEMG1.4%
• MicrosoftMSFT1.4%
• BlackRock ETF TrustBAI1.4%
• NVIDIANVDA1.2%
• Alps ETF TrAMLP1.2%
• iShares S&P 100 ETFOEF1.2%
• Amazon.comAMZN1.1%
• iShares Msci Eafe Growth ETFEFG1.1%
• iShares US Treasury Bond ETFGOVT1.0%
• State Str Spdr S&P 500 ETF TSPY1.0%
• Capital Group Dividend ValueCGDV1.0%
• BlackRock ETF TrustTHRO0.9%
• Vanguard Real Estate ETFVNQ0.9%
• iShares Msci Eafe Value ETFEFV0.8%
• BlackRock ETF TrustBLCR0.8%
• BroadcomAVGO0.8%
• BlackRock ETF Trust IIBRTR0.8%
• Eli LillyLLY0.8%
• BlackRock ETF TrustIALT0.7%
• Taiwan Semiconductor ManufacturingTSM0.7%
• iShares Msci USA Momentum FA ETFMTUM0.7%
• BlackRock ETF TrustCORO0.7%
• American Centy ETF TrAVEM0.7%
• iShares Gold Trust ETFIAU0.6%
• Arista NetworksANET0.6%
• Lam ResearchLRCX0.6%
• iShares MBS ETFMBB0.6%
• Meta PlatformsMETA0.6%
• iShares 10-20 Year Treasury ETFTLH0.5%
• iShares Core 80/20 Aggressiv ETFAOA0.5%
• ASML HoldingASML0.5%
• BlackRock ETF TrustIDEF0.5%
• JPMorgan ChaseJPM0.5%
• AbbVieABBV0.4%
• iShares Core Msci Eafe ETFIEFA0.4%
• Janus Henderson Mortg Backed ETFJMBS0.4%
• Vanguard Tax-exempt Bond ETFVTEB0.4%
• iShares 0-1 Year Treasury BO ETFSHV0.4%
• iShares LT National Muni BD ETFLMUB0.4%
• Bondbloxx ETF TrustXTEN0.4%
• BlackRock ETF Trust IIBINC0.3%
• Innovator U.s. Equity Power ETFPMAR0.3%
• Vanguard Most Sm-cap ETF-usd ETFVB0.3%
• AmgenAMGN0.3%
• BlackRock ETF Trust IIGGOV0.3%
• Vanguard Total International Bond ETFBNDX0.3%
• Invesco S&P 500 Momentum ETFSPMO0.3%
• iShares Ustechnology ETFIYW0.3%
• Janus Henderson AAA CLO ETFJAAA0.3%
• VisaV0.3%
• Johnson & JohnsonJNJ0.3%
• Global X Defense Tech ETFSHLD0.3%
• Procter & GamblePG0.3%
• Vanguard Extended Market ETFVXF0.3%
• Innovator U.s. Equity Power ETFPOCT0.3%
• ChevronCVX0.3%
• Berkshire HathawayBRK/B0.3%
• TeslaTSLA0.3%
• Verizon CommunicationsVZ0.3%
• iShares U.s. Aerospace & DEF ETFITA0.3%
• Philip Morris InternationalPM0.3%
• iShares Gsci Commodity Dynam ETFCOMT0.3%
• PrologisPLD0.3%
• Exxon MobilXOM0.3%
• Vanguard Index FundsVO0.3%
• iShares National Muni Bond E ETFMUB0.3%
• iShares Core S&P Midcap ETFIJH0.3%
• PepsicoPEP0.2%
• Palo Alto NetworksPANW0.2%
• EatonETN0.2%
• Innovator U.s. Equity Power ETFPJAN0.2%
• Pimco Enhanced Short Maturit ETFMINT0.2%
• MerckMRK0.2%
• PNC Financial Services GroupPNC0.2%
• Nextera EnergyNEE0.2%
• WEC Energy GroupWEC0.2%
• Innovator U.s. Equity Power ETFPMAY0.2%
• AmphenolAPH0.2%
• Innovator U.s. Equity Power ETFPJUN0.2%
• iShares Core S&P Small-cap E ETFIJR0.2%
• iShares Core US Reit ETFUSRT0.2%
• CumminsCMI0.2%
• Vanguard Index FundsVOT0.2%
• Innovator U.s. Equity Power ETFPNOV0.2%
• Cisco SystemsCSCO0.2%
• Micron TechnologyMU0.2%
• Duke EnergyDUK0.2%
• British American Tobacco p.l.c.BTI0.2%
• PfizerPFE0.2%
• iShares Msci International V ETFIVLU0.2%