Saudi Central Bank portfolio

What changed this quarter

501 positions with a change (8 new, 476 added to, 17 sold); also, 1 entered through an IPO, 2 exited through an acquisition or merger, 1 entered through a spin-off. 9 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• NVIDIA+80%more sharesIncreased
  3.3% → 4.2%
• Apple+89%more sharesIncreased
  2.9% → 3.9%
• Alphabet+1.6 ppof portfolioIncreased
  2.4% → 3.4%
• Microsoft+89%more sharesIncreased
  2.0% → 2.4%
• Amazon.com+91%more sharesIncreased
  1.6% → 2.1%
• Broadcom+89%more sharesIncreased
  1.1% → 1.6%
• Meta Platforms+18%more sharesIncreased
  5.0% → 4.0%
• TotalEnergies+0.6 ppof portfolioNew
  — → 0.6%
• Tesla+89%more sharesIncreased
  0.8% → 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

• Micron TechnologyMU5.7%
• Vaneck ETF TrustSMH4.4%
• NVIDIANVDA4.2%
• Meta PlatformsMETA4.0%
• AppleAAPL3.9%
• AlphabetGOOGL · GOOG3.4%
• State Street Energy Select Sector ETFXLE3.3%
• MicrosoftMSFT2.4%
• Invesco QQQ Trust Series 1 ETFQQQ2.4%
• Advanced Micro DevicesAMD2.2%
• Vanguard Mrngstr Val ETF-aui ETFVTV2.2%
• Amazon.comAMZN2.1%
• Palantir TechnologiesPLTR2.1%
• State Str Spdr S&P 500 ETF TSPY2.1%
• State Street Technology Select Sector ETFXLK2.0%
• St SR UTL SL SE SPDR ETF-usd ETFXLU1.8%
• BroadcomAVGO1.6%
• State Street Financial Select Sector ETFXLF1.3%
• TeslaTSLA1.1%
• Select Sector Spdr TrXLP1.1%
• Coca-ColaKO1.0%
• Johnson & JohnsonJNJ1.0%
• Eli LillyLLY0.9%
• FortinetFTNT0.9%
• JPMorgan ChaseJPM0.8%
• NetflixNFLX0.7%
• PayPal HoldingsPYPL0.7%
• MerckMRK0.7%
• Spotify TechnologySPOT0.7%
• Enterprise Products PartnersEPD0.7%
• QualcommQCOM0.7%
• Berkshire HathawayBRK/B0.6%
• Nebius GroupNBIS0.6%
• iShares Russell 1000 Value E ETFIWD0.6%
• IntelINTC0.6%
• TotalEnergiesTTE0.6%
• VisaV0.5%
• At&tT0.5%
• Applied MaterialsAMAT0.5%
• Exxon MobilXOM0.5%
• McDONALD’SMCD0.5%
• Alibaba Group HoldingBABA0.5%
• Lam ResearchLRCX0.5%
• WalmartWMT0.5%
• CVS HealthCVS0.5%
• Cisco SystemsCSCO0.4%
• Cigna GroupCI0.4%
• iShares Msci China ETFMCHI0.4%
• iShares Silver Trust ETFSLV0.4%
• AbbVieABBV0.4%
• American TowerAMT0.4%
• Domino’s PizzaDPZ0.4%
• MastercardMA0.4%
• CorpayCPAY0.4%
• Edison InternationalEIX0.4%
• Costco WholesaleCOST0.4%
• Boston ScientificBSX0.4%
• KLAKLAC0.4%
• Bank of AmericaBAC0.4%
• UnitedHealth GroupUNH0.3%
• Home DepotHD0.3%
• AlbemarleALB0.3%
• PfizerPFE0.3%
• Procter & GamblePG0.3%
• GE VernovaGEV0.3%
• ChevronCVX0.3%
• Goldman Sachs GroupGS0.3%
• AerCap HoldingsAER0.3%
• Palo Alto NetworksPANW0.3%
• Texas InstrumentsTXN0.2%
• International Business MachinesIBM0.2%
• Marvell TechnologyMRVL0.2%
• Wells FargoWFC0.2%
• OracleORCL0.2%
• Morgan StanleyMS0.2%
• LindeLIN0.2%
• CitigroupC0.2%
• Coca-cola Europacific PartnersCCEP0.2%
• iShares Msci All Country ASI ETFAAXJ0.2%
• Western DigitalWDC0.2%
• Seagate Technology HoldingsSTX0.2%
• FiservFISV0.2%
• CorningGLW0.2%
• AmgenAMGN0.2%
• CrowdStrike HoldingsCRWD0.2%
• Thermo Fisher ScientificTMO0.2%
• PepsicoPEP0.2%
• Nextera EnergyNEE0.2%
• Arista NetworksANET0.2%
• American ExpressAXP0.2%
• Verizon CommunicationsVZ0.2%
• Walt DisneyDIS0.2%
• TJXTJX0.2%
• Union PacificUNP0.1%
• WelltowerWELL0.1%
• Abbott LaboratoriesABT0.1%
• Gilead SciencesGILD0.1%
• DeereDE0.1%
• Charles SchwabSCHW0.1%