Texas Capital Bank Wealth Management Services portfolio

What changed this quarter

284 positions with a change (31 new, 105 added to, 120 trimmed, 28 sold); also, 1 exited through an acquisition or merger, 1 entered through a spin-off. 6 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• iShares Core Msci Eafe ETF+26%more sharesIncreased
  4.0% → 4.9%
• Vanguard S&P 500 ETF−3.4%fewer sharesReduced
  23.5% → 23.6%
• Fermi+0.7 ppof portfolioNew
  — → 0.7%
• KLA−37%fewer sharesReduced
  1.0% → 1.1%
• NVIDIA−7.1%fewer sharesReduced
  8.2% → 7.9%
• Texas Capital Bancshares−24%fewer sharesReduced
  2.1% → 1.6%

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 S&P 500 ETFVOO23.6%
• NVIDIANVDA7.9%
• iShares Core Msci Eafe ETFIEFA4.9%
• IsharesIEMG4.1%
• Ishares Bitcoin Trust ETFIBIT3.6%
• Vanguard Tax-exempt Bond ETFVTEB2.5%
• AppleAAPL2.5%
• Texas Capital BancsharesTCBI1.6%
• iShares Core S&P Midcap ETFIJH1.6%
• AlphabetGOOGL · GOOG1.5%
• State Str Spdr S&P 500 ETF TSPY1.4%
• Vanguard Ftse Developed ETFVEA1.3%
• iShares Russell Mid-cap ETFIWR1.3%
• MicrosoftMSFT1.3%
• iShares Core U.s. Aggregate ETFAGG1.2%
• Lam ResearchLRCX1.2%
• Vanguard Index FundsVV1.2%
• KLAKLAC1.1%
• DeereDE1.1%
• JPMorgan ChaseJPM1.1%
• CaterpillarCAT0.9%
• iShares Russell 1000 ETFIWB0.9%
• Eli LillyLLY0.8%
• iShares S&P 500 Value ETFIVE0.8%
• Energy TransferET0.8%
• Vanguard World FundMGK0.8%
• Vanguard Index FundsVO0.7%
• FermiFRMI0.7%
• Morgan StanleyMS0.7%
• Meta PlatformsMETA0.7%
• MastercardMA0.7%
• AmphenolAPH0.6%
• Costco WholesaleCOST0.6%
• Exxon MobilXOM0.6%
• Amazon.comAMZN0.6%
• Home DepotHD0.6%
• TJXTJX0.6%
• Trane TechnologiesTT0.5%
• UnitedHealth GroupUNH0.5%
• Nextera EnergyNEE0.5%
• ConocoPhillipsCOP0.5%
• MSCIMSCI0.4%
• eBayEBAY0.4%
• IntelINTC0.4%
• DanaherDHR0.4%
• IntuitINTU0.4%
• ZoetisZTS0.4%
• iShares Core S&P Small-cap E ETFIJR0.4%
• iShares Core S&P Total U.s ETFITOT0.3%
• Vanguard World FundMGV0.3%
• BroadcomAVGO0.3%
• Vanguard Admiral FundsIVOO0.3%
• HighPeak EnergyHPK0.3%
• Investar HoldingISTR0.3%
• iShares Msci Eafe ETFEFA0.3%
• Ares CapitalARCC0.2%
• Johnson & JohnsonJNJ0.2%
• ChevronCVX0.2%
• Invesco QQQ Trust Series 1 ETFQQQ0.2%
• Berkshire HathawayBRK/B0.2%
• Blue OWL CapitalOBDC0.2%
• VisaV0.2%
• TeslaTSLA0.2%
• iShares Core Dividend Growth ETFDGRO0.2%
• Dimensional ETF TrustDFAS0.2%
• Stellar Bancorp0.2%
• Texas InstrumentsTXN0.2%
• Vanguard Dividend Apprec ETFVIG0.2%
• iShares S&P 500 Growth ETFIVW0.2%
• State Street SPDR P Int C Corp ETFSPIB0.2%
• iShares Russell 2000 ETFIWM0.2%
• Advanced Micro DevicesAMD0.2%
• Starwood Property TrustSTWD0.2%
• Sixth Street Specialty LendingTSLX0.2%
• Cisco SystemsCSCO0.2%
• Genesis EnergyGEL0.2%
• AbbVieABBV0.2%
• Schwab US DVD Equity ETFSCHD0.2%
• iShares Russell 1000 Growth ETFIWF0.2%
• CitigroupC0.1%
• iShares Core High Dividend E ETFHDV0.1%
• Eaton Vance Tax-managed Buy-ETV0.1%
• Flexshares TrQDEF0.1%
• Taiwan Semiconductor ManufacturingTSM0.1%
• iShares Core S&P 500 ETFIVV0.1%
• Bank of AmericaBAC0.1%
• IsharesEMXC0.1%
• Tidal Trust IIIGRNI0.1%
• MerckMRK0.1%
• Palo Alto NetworksPANW0.1%
• AdobeADBE0.1%
• Digi Power XDGXX0.1%
• Verizon CommunicationsVZ0.1%
• RTXRTX0.1%
• Invesco Exchange Traded Fund TRSP0.1%
• Micron TechnologyMU0.1%
• Procter & GamblePG0.1%
• iShares National Muni Bond E ETFMUB0.1%
• Vanguard Short-term Treasury ETFVGSH0.1%