Wellspring Financial Advisors portfolio

What changed this quarter

213 positions with a change (37 new, 52 added to, 98 trimmed, 26 sold); also, 1 exited through an acquisition or merger. 6 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• iShares Core S&P 500 ETF+1,085%more sharesIncreased
  19.8% → 22.9%
• iShares Semiconductor ETF−28%fewer sharesReduced
  3.7% → 4.6%
• State Street Technology Select Sector ETF+38%more sharesIncreased
  1.7% → 3.0%
• Vanguard Mrngstar GR ETF-sui ETF−81%fewer sharesReduced
  0.9% → 0.9%
• Goldman Sachs Group−71%fewer sharesReduced
  0.9% → 0.3%
• iShares 0-3 Month Treasury B ETF−50%fewer sharesReduced
  1.4% → 0.6%

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

• iShares Core S&P 500 ETFIVV22.9%
• iShares Core Msci Eafe ETFIEFA6.6%
• Goldman Sachs Physical GoldAAAU5.8%
• Vanguard High DVD Yield ETFVYM4.7%
• iShares Semiconductor ETFSOXX4.6%
• Vanguard Index FundsVTI4.1%
• AppleAAPL3.4%
• Vanguard Short-term Treasury ETFVGSH3.3%
• IsharesIEMG3.1%
• State Street Technology Select Sector ETFXLK3.0%
• State Street Health Care Select Sector ETFXLV2.9%
• iShares US Infrastructure ETFIFRA2.8%
• iShares Russell 1000 Growth ETFIWF2.3%
• State Str Spdr S&P 500 ETF TSPY1.9%
• AlphabetGOOG · GOOGL1.5%
• NVIDIANVDA1.2%
• Amazon.comAMZN1.0%
• Vanguard Mrngstr Val ETF-aui ETFVTV1.0%
• Vanguard Mrngstar GR ETF-sui ETFVUG0.9%
• MicrosoftMSFT0.9%
• Vanguard S&P 500 ETFVOO0.8%
• State Str Spdr S&P Midcap 40MDY0.8%
• iShares S&P 500 Growth ETFIVW0.8%
• iShares Russell 1000 Value E ETFIWD0.7%
• iShares 0-3 Month Treasury B ETFSGOV0.6%
• State Street SPDR P S&P 500 Growth ETFSPYG0.6%
• State Street SPDR S&P Dividend ETFSDY0.5%
• iShares Gold Trust ETFIAU0.5%
• JPMorgan ChaseJPM0.4%
• BroadcomAVGO0.4%
• iShares Core S&P Small-cap E ETFIJR0.4%
• Sotera HealthSHC0.4%
• Meta PlatformsMETA0.3%
• Johnson & JohnsonJNJ0.3%
• iShares Core S&P Midcap ETFIJH0.3%
• Eli LillyLLY0.3%
• Goldman Sachs GroupGS0.3%
• Costco WholesaleCOST0.3%
• VisaV0.3%
• Invesco Exchange Traded Fund TRSP0.3%
• Schwab Fndmntl US LRG Co ETFFNDX0.2%
• Exxon MobilXOM0.2%
• iShares Msci Eafe ETFEFA0.2%
• Berkshire HathawayBRK/B0.2%
• Applied MaterialsAMAT0.2%
• BoeingBA0.2%
• Invesco QQQ Trust Series 1 ETFQQQ0.2%
• iShares S&P 500 Value ETFIVE0.2%
• AbbVieABBV0.2%
• Vanguard Total International Stock ETFVXUS0.2%
• Bank of AmericaBAC0.2%
• Advanced Micro DevicesAMD0.2%
• Cisco SystemsCSCO0.2%
• RTXRTX0.2%
• Raymond James FinancialRJF0.2%
• IntelINTC0.2%
• Vanguard Dividend Apprec ETFVIG0.2%
• WalmartWMT0.2%
• TeslaTSLA0.2%
• State Street Consumer Disc Select Sect ETFXLY0.2%
• Taiwan Semiconductor ManufacturingTSM0.2%
• CaterpillarCAT0.2%
• iShares S&P Mid-cap 400 Grow ETFIJK0.1%
• ASML HoldingASML0.1%
• iShares Expanded Tech-softwa ETFIGV0.1%
• Micron TechnologyMU0.1%
• Lam ResearchLRCX0.1%
• Vanguard World FundMGK0.1%
• Vanguard Index FundsVV0.1%
• iShares Core High Dividend E ETFHDV0.1%
• Nextera EnergyNEE0.1%
• State Street Industrial Select Sector ETFXLI0.1%
• Fidelity Wise Origin BitcoinFBTC0.1%
• EcolabECL0.1%
• MastercardMA0.1%
• ACV AuctionsACVA0.1%
• iShares Russell 3000 ETFIWV0.1%
• iShares Msci Acwi ETFACWI0.1%
• Take-two Interactive SoftwareTTWO0.1%
• NetflixNFLX0.1%
• iShares Russell 2000 ETFIWM0.1%
• Vanguard Info Tech ETFVGT0.1%
• UnitedHealth GroupUNH0.1%
• TJXTJX0.1%
• JPMorgan Chase FinancialAMJB0.1%
• Intercontinental ExchangeICE0.1%
• Vanguard International Equity Index FVGK0.1%
• BlackRock Muniholdings Fund InMHD0.1%
• Palo Alto NetworksPANW0.1%
• Rayonier Advanced MaterialsRYAM0.1%
• Intuitive SurgicalISRG0.1%
• iShares Russell Mid-cap ETFIWR0.1%
• Vanguard International Equity Index FVWO0.1%
• iShares S&P Mid-cap 400 Valu ETFIJJ0.1%
• Howmet AerospaceHWM0.1%
• iShares Select Dividend ETFDVY0.1%
• Abrdn Precious Metals BasketGLTR0.1%
• Interactive Brokers GroupIBKR0.1%
• iShares Core Msci Pacific ET ETFIPAC0.1%