CSM Advisors portfolio

What changed this quarter

378 positions with a change (49 new, 153 added to, 129 trimmed, 47 sold); also, 3 exited through an acquisition or merger. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Apple+45%more sharesIncreased
  3.0% → 4.3%
• iShares Russell 2000 ETF+5,538%more sharesIncreased
  under 0.1% → 1.2%
• Amazon.com+68%more sharesIncreased
  1.6% → 2.7%
• Microsoft−49%fewer sharesReduced
  2.2% → 1.0%
• North SQ Invstmnts T−0.9 ppof portfolioSold out
  1.0% → —
• Cisco Systems−51%fewer sharesReduced
  1.3% → 0.8%
• State Street Health Care Select Sector ETF+0.7 ppof portfolioNew
  — → 0.7%
• Micron Technology−87%fewer sharesReduced
  0.7% → 0.3%
• Qualcomm−95%fewer sharesReduced
  0.6% → under 0.1%
• Elevance Health+0.6 ppof portfolioNew
  — → 0.6%
• KLA−47%fewer sharesReduced
  0.6% → 0.6%
• State Str Spdr S&P 500 ETF T+25%more sharesIncreased
  2.1% → 2.6%

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

• AppleAAPL4.3%
• AlphabetGOOGL · GOOG3.5%
• NVIDIANVDA3.2%
• Amazon.comAMZN2.7%
• State Str Spdr S&P 500 ETF TSPY2.6%
• Invesco QQQ Trust Series 1 ETFQQQ2.4%
• Vanguard Mrngstar GR ETF-sui ETFVUG2.3%
• Vanguard Mrngstr Val ETF-aui ETFVTV1.7%
• CaterpillarCAT1.4%
• US Bancorp \de\USB1.3%
• CumminsCMI1.2%
• BroadcomAVGO1.2%
• Johnson & JohnsonJNJ1.2%
• iShares Russell 2000 ETFIWM1.2%
• Delta Air LinesDAL1.1%
• IsharesEZU1.1%
• Hartford Insurance GroupHIG1.0%
• CitigroupC1.0%
• JPMorgan ChaseJPM1.0%
• MicrosoftMSFT1.0%
• Bank of New York MellonBNY0.9%
• Altria GroupMO0.9%
• Verizon CommunicationsVZ0.9%
• Cisco SystemsCSCO0.8%
• ChevronCVX0.8%
• TeslaTSLA0.8%
• Goldman Sachs GroupGS0.8%
• AbbVieABBV0.8%
• Synchrony FinancialSYF0.7%
• Advanced Micro DevicesAMD0.7%
• Eli LillyLLY0.7%
• State Street Health Care Select Sector ETFXLV0.7%
• EOG ResourcesEOG0.7%
• General MotorsGM0.7%
• KLAKLAC0.6%
• Duke EnergyDUK0.6%
• Nextera EnergyNEE0.6%
• ShellSHEL0.6%
• Elevance HealthELV0.6%
• Vanguard Russell 2000 ETFVTWO0.6%
• Ameriprise FinancialAMP0.5%
• NucorNUE0.5%
• International Business MachinesIBM0.5%
• Simon Property GroupSPG0.5%
• SalesforceCRM0.5%
• Zoom CommunicationsZM0.5%
• Coca-cola Europacific PartnersCCEP0.5%
• United RentalsURI0.5%
• Cigna GroupCI0.5%
• PfizerPFE0.5%
• Netscout SystemsNTCT0.4%
• Vanguard Ftse Developed ETFVEA0.4%
• TapestryTPR0.4%
• VisaV0.4%
• FOXFOXA0.4%
• IntuitINTU0.4%
• Valero EnergyVLO0.4%
• ARM HoldingsARM0.4%
• Dollar GeneralDG0.4%
• eBayEBAY0.4%
• Applied MaterialsAMAT0.4%
• Vanguard Total International Stock ETFVXUS0.4%
• Global Ship LeaseGSL0.4%
• General DynamicsGD0.4%
• Lam ResearchLRCX0.4%
• Healthcare Services GroupHCSG0.4%
• NetflixNFLX0.4%
• Hancock WhitneyHWC0.4%
• Minerals TechnologiesMTX0.4%
• NetAppNTAP0.4%
• Dell TechnologiesDELL0.4%
• Edison InternationalEIX0.4%
• Quest DiagnosticsDGX0.3%
• GE AerospaceGE0.3%
• SanofiSNY0.3%
• Cathay General BancorpCATY0.3%
• STE Str SPDR PT S&P 500 ETFSPYM0.3%
• OFG BancorpOFG0.3%
• MastercardMA0.3%
• OceanFirst FinancialOCFC0.3%
• W. P. CareyWPC0.3%
• CF Industries HoldingsCF0.3%
• Costco WholesaleCOST0.3%
• RTXRTX0.3%
• Nebius GroupNBIS0.3%
• Covenant Logistics GroupCVLG0.3%
• Expand EnergyEXE0.3%
• Ameris BancorpABCB0.3%
• iShares Msci Eafe Value ETFEFV0.3%
• Lowe'sLOW0.3%
• Vanguard S&P 500 ETFVOO0.3%
• Meta PlatformsMETA0.3%
• Enova InternationalENVA0.3%
• GE VernovaGEV0.3%
• International BancsharesIBOC0.3%
• NWPX InfrastructureNWPX0.3%
• Pelagos Insurance CapitalPLGO0.3%
• Micron TechnologyMU0.3%
• Apple Hospitality ReitAPLE0.3%