Wedmont Private Capital portfolio

What changed this quarter

942 positions with a change (131 new, 603 added to, 130 trimmed, 78 sold); also, 1 entered through an IPO. 6 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• iShares National Muni Bond E ETF+159%more sharesIncreased
  1.4% → 3.0%
• Vanguard Tax-exempt Bond ETF−58%fewer sharesReduced
  3.0% → 1.0%
• Vanguard Ftse Developed ETF+10%more sharesIncreased
  10.3% → 9.7%
• Vanguard Index Funds+17%more sharesIncreased
  5.9% → 6.2%
• NVIDIA+26%more sharesIncreased
  2.9% → 3.5%
• Microsoft+44%more sharesIncreased
  1.1% → 1.8%

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 Ftse Developed ETFVEA9.7%
• Vanguard Index FundsVTI6.2%
• Vanguard International Equity Index FVWO5.4%
• Vanguard S&P 500 ETFVOO3.6%
• NVIDIANVDA3.5%
• iShares National Muni Bond E ETFMUB3.0%
• AlphabetGOOG · GOOGL2.8%
• AppleAAPL2.8%
• iShares Core Msci Eafe ETFIEFA2.8%
• iShares US Treasury Bond ETFGOVT2.7%
• Vanguard Total Corporate BND ETFVTC2.5%
• IsharesIEMG1.9%
• MicrosoftMSFT1.8%
• Amazon.comAMZN1.3%
• Palantir TechnologiesPLTR1.2%
• Meta PlatformsMETA1.1%
• Vanguard Tax-exempt Bond ETFVTEB1.0%
• Vanguard Total International Bond ETFBNDX0.9%
• Vanguard Total International Stock ETFVXUS0.9%
• BroadcomAVGO0.8%
• Invesco QQQ Trust Series 1 ETFQQQ0.7%
• Schwab International Equity ETFSCHF0.7%
• Berkshire HathawayBRK/B · BRK/A0.7%
• Vanguard International Equity Index FVSS0.6%
• Vanguard International Equity Index FVEU0.6%
• Vanguard Int-term Corporate ETFVCIT0.6%
• Vanguard CA Tax-ex Bond ETFVTEC0.6%
• TeslaTSLA0.6%
• JPMorgan ChaseJPM0.5%
• Eli LillyLLY0.5%
• iShares Broad USD High Yield ETFUSHY0.5%
• Micron TechnologyMU0.5%
• Space Exploration TechnologiesSPCX0.5%
• Vanguard Index FundsVO0.5%
• iShares Core S&P Midcap ETFIJH0.5%
• Advanced Micro DevicesAMD0.4%
• State Str Spdr S&P 500 ETF TSPY0.4%
• Vanguard Most Sm-cap ETF-usd ETFVB0.4%
• Vanguard Info Tech ETFVGT0.4%
• Vanguard International Equity Index FVT0.4%
• VisaV0.4%
• Schwab US Broad Market ETFSCHB0.4%
• iShares Core S&P 500 ETFIVV0.4%
• GE VernovaGEV0.3%
• Vanguard Index FundsVV0.3%
• American Centy ETF TrAVDV0.3%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.3%
• Exxon MobilXOM0.3%
• Vanguard Int High DVD YLD In ETFVYMI0.3%
• AbbVieABBV0.3%
• Wells FargoWFC0.3%
• iShares California Muni Bond ETFCMF0.3%
• American Centy ETF TrAVUS0.3%
• American Centy ETF TrAVUV0.3%
• Schwab Municipal Bond ETFSCMB0.3%
• Vanguard LT Tax-ex Bond ETFVTEL0.3%
• Johnson & JohnsonJNJ0.3%
• Vanguard Int Div APP Indx FundVIGI0.2%
• WalmartWMT0.2%
• Vanguard Int Tax-exempt Bond ETFVTEI0.2%
• Schwab Emrg Mrkts Eqty ETFSCHE0.2%
• OracleORCL0.2%
• Vanguard Mrngstar GR ETF-sui ETFVUG0.2%
• iShares Core S&P Total U.s ETFITOT0.2%
• Philip Morris InternationalPM0.2%
• Cisco SystemsCSCO0.2%
• iShares Core Msci DEV Mkts ETFIDEV0.2%
• CaterpillarCAT0.2%
• NetflixNFLX0.2%
• Vanguard Extended Market ETFVXF0.2%
• NewmontNEM0.2%
• MastercardMA0.2%
• Schwab US DVD Equity ETFSCHD0.2%
• Revolution MedicinesRVMD0.2%
• Applied MaterialsAMAT0.2%
• Costco WholesaleCOST0.2%
• Invesco S&P 500 Momentum ETFSPMO0.2%
• Lam ResearchLRCX0.2%
• Coca-ColaKO0.2%
• Schwab International Small-cap Equity ETFSCHC0.2%
• GE AerospaceGE0.2%
• iShares Short-term National ETFSUB0.2%
• American Centy ETF TrAVEM0.2%
• Vanguard Dividend Apprec ETFVIG0.2%
• iShares Core S&P Small-cap E ETFIJR0.2%
• Goldman Sachs GroupGS0.2%
• ChevronCVX0.2%
• American Centy ETF TrAVDE0.2%
• CrowdStrike HoldingsCRWD0.1%
• iShares New York Muni Bond E ETFNYF0.1%
• State Street Technology Select Sector ETFXLK0.1%
• Analog DevicesADI0.1%
• Arista NetworksANET0.1%
• RTXRTX0.1%
• MerckMRK0.1%
• Taiwan Semiconductor ManufacturingTSM0.1%
• IntelINTC0.1%
• UnitedHealth GroupUNH0.1%