Resonant Capital Advisors portfolio

What changed this quarter

453 positions with a change (45 new, 249 added to, 127 trimmed, 32 sold). 4 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• J P Morgan Exchange Traded Fund−27%fewer sharesReduced
  4.5% → 3.2%
• Ishares U S ETF Tr−28%fewer sharesReduced
  4.3% → 3.1%
• Schwab Intermediate-term US ETF−34%fewer sharesReduced
  3.2% → 2.0%
• Schwab U.s. Tips ETF+838%more sharesIncreased
  0.1% → 1.1%

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

• iShares Core S&P 500 ETFIVV8.6%
• ETF SER SolutionsDSTL3.6%
• iShares Msci USA Quality GAR ETFGARP3.4%
• J P Morgan Exchange Traded FundJMST3.2%
• Ishares U S ETF TrMEAR3.1%
• Vanguard S/t Corp Bond ETFVCSH3.0%
• iShares Core S&P Midcap ETFIJH2.7%
• Schwab Fndmntl US LRG Co ETFFNDX2.1%
• Schwab Intermediate-term US ETFSCHR2.0%
• AppleAAPL1.9%
• iShares Core Msci Eafe ETFIEFA1.9%
• NVIDIANVDA1.7%
• AlphabetGOOGL · GOOG1.6%
• Schwab Fndmn International LRG Co ETFFNDF1.6%
• State Str Spdr S&P 500 ETF TSPY1.6%
• iShares Core S&P Small-cap E ETFIJR1.5%
• Vanguard Dividend Apprec ETFVIG1.5%
• Graniteshares Bcom Broad Str ETFCOMB1.3%
• MicrosoftMSFT1.3%
• J P Morgan Exchange Traded FundJPIE1.3%
• Schwab Fndmntl US SM Co ETFFNDA1.3%
• IsharesIEMG1.3%
• Vanguard Int Div APP Indx FundVIGI1.2%
• Schwab Fndmntl EM MRK Eq ETFFNDE1.2%
• iShares 0-3 Month Treasury B ETFSGOV1.2%
• Schwab U.s. Tips ETFSCHP1.1%
• Invesco S&P Midcap 400 REV ETFRWK1.1%
• Janus Small Mid Cap GR ALP ETFJSMD1.1%
• Vanguard Tax-exempt Bond ETFVTEB0.9%
• Vanguard S&P 500 ETFVOO0.9%
• Amazon.comAMZN0.9%
• iShares National Muni Bond E ETFMUB0.8%
• iShares Gold Trust ETFIAU0.8%
• Harbor ETF TrustHGER0.7%
• J P Morgan Exchange Traded FundJPST0.7%
• J P Morgan Exchange Traded FundJMUB0.7%
• iShares Ultra Short Duration ETFICSH0.6%
• BroadcomAVGO0.6%
• ETF SER SolutionsDSMC0.6%
• Berkshire HathawayBRK/B0.6%
• JPMorgan ChaseJPM0.6%
• Meta PlatformsMETA0.6%
• Schwab Municipal Bond ETFSCMB0.5%
• Dimensional ETF TrustDFNM0.5%
• Vanguard Index FundsVTI0.5%
• Invesco S&P 500 Revenue ETFRWL0.4%
• Invesco Exchange Traded Fund TPRF0.4%
• Exxon MobilXOM0.4%
• VisaV0.4%
• Invesco Exchange Traded Fund TPKW0.4%
• iShares Core Msci DEV Mkts ETFIDEV0.4%
• Marathon PetroleumMPC0.4%
• Cisco SystemsCSCO0.4%
• Analog DevicesADI0.4%
• Eli LillyLLY0.4%
• Palo Alto NetworksPANW0.4%
• McKESSONMCK0.4%
• State Street SPDR P S&P 400 Midcap ETFSPMD0.3%
• BlackRock ETF Trust IIINMU0.3%
• iShares 1-5y INV Grade ETFIGSB0.3%
• Pimco Intermediate Municipal ETFMUNI0.3%
• AmgenAMGN0.3%
• QualcommQCOM0.3%
• Taiwan Semiconductor ManufacturingTSM0.3%
• State Str Spdr S&P Midcap 40MDY0.3%
• SalesforceCRM0.3%
• Advanced Micro DevicesAMD0.3%
• iShares Ibonds DEC 2026 Term ETFIBDR0.3%
• ProgressivePGR0.3%
• ASML HoldingASML0.3%
• Ishares TrIBDS0.3%
• Abrdn EtfsBCI0.3%
• Micron TechnologyMU0.3%
• AmphenolAPH0.3%
• American ExpressAXP0.2%
• State Street SPDR P S&P 600 Small Cap ETFSPSM0.2%
• MastercardMA0.2%
• ChevronCVX0.2%
• Johnson & JohnsonJNJ0.2%
• Costco WholesaleCOST0.2%
• Vanguard Intermediate-term T ETFVGIT0.2%
• MerckMRK0.2%
• Automatic Data ProcessingADP0.2%
• Schwab Short-term US Treas ETFSCHO0.2%
• Gilead SciencesGILD0.2%
• Pimco Municipal Income Oppor ETFMINO0.2%
• AbbVieABBV0.2%
• TeslaTSLA0.2%
• UnitedHealth GroupUNH0.2%
• Northern TrustNTRS0.2%
• PNC Financial Services GroupPNC0.2%
• State Street Energy Select Sector ETFXLE0.2%
• KrogerKR0.2%
• Schwab Fndmntl US BRD MR ETFFNDB0.2%
• CSXCSX0.2%
• GE VernovaGEV0.2%
• Charles SchwabSCHW0.2%
• NetflixNFLX0.2%
• McDONALD’SMCD0.2%