Kestra Investment Management portfolio

What changed this quarter

519 positions with a change (48 new, 189 added to, 198 trimmed, 84 sold); also, 1 entered through an IPO.

No moves of 0.5 points of the portfolio or more.

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 U.s. Value ETFIUSV9.7%
• State Street SPDR P S&P 500 Growth ETFSPYG7.0%
• Vanguard International Equity Index FVEU5.3%
• iShares Core S&P U.s. Growth ETFIUSG4.7%
• Ishares TrIUSB4.7%
• American Centy ETF TrAVEM3.7%
• Capital Group Growth ETFCGGR2.8%
• Dimensional ETF TrustDFIV2.8%
• iShares Msci USA Quality FAC ETFQUAL2.6%
• Capital Group Dividend ValueCGDV2.6%
• Vanguard Extended Market ETFVXF2.5%
• Vanguard Intermediate-term T ETFVGIT2.1%
• Dimensional ETF TrustDIHP2.0%
• Fidelity Msci Info Tech Indx ETFFTEC1.9%
• Global X US Infrastructure ETFPAVE1.8%
• WisdomTree Emerging Markets ETFDEM1.7%
• Dimensional ETF TrustDFIC1.6%
• Vanguard Emerg Mkts GOV BND ETFVWOB1.5%
• Fidelity Small-mid Multifact ETFFSMD1.4%
• BlackRock ETF Trust IIBINC1.4%
• Vanguard Total International Bond ETFBNDX1.3%
• Vaneck ETF TrustMLN1.3%
• iShares 0-5 Year Tips Bond E ETFSTIP1.3%
• iShares National Muni Bond E ETFMUB1.2%
• iShares S&P 500 Value ETFIVE1.2%
• Ssga Active ETF TrTOTL1.2%
• Vanguard Tax-exempt Bond ETFVTEB1.2%
• State Street SPDR P Int Term TSY ETFSPTI1.1%
• Dimensional ETF TrustDFAI1.1%
• iShares US Equity Factor ETFLRGF1.0%
• State Street SPDR R1000 Yield FOC ETFONEY0.8%
• Fidelity High Dividend ETFFDVV0.8%
• Vanguard Mortgage-backed Sec ETFVMBS0.8%
• iShares International Aggregate Bond ETFIAGG0.8%
• iShares MBS ETFMBB0.7%
• Capital GRP Fixed Incm ETF TCGCP0.7%
• Bondbloxx ETF TrustXEMD0.7%
• NVIDIANVDA0.7%
• iShares International Equity ETFINTF0.6%
• AppleAAPL0.5%
• Cap Group Small and Mid Cap ETFCGMM0.5%
• J P Morgan Exchange Traded FundJPIB0.5%
• Bondbloxx ETF TrustXFIV0.5%
• Janus Henderson Mortg Backed ETFJMBS0.5%
• Capital GRP Fixed Incm ETF TCGIB0.5%
• MicrosoftMSFT0.5%
• Schwab Short-term US Treas ETFSCHO0.4%
• AlphabetGOOGL · GOOG0.4%
• American Centy ETF TrAVLV0.4%
• Capital Group GBL Growth EQTCGGO0.4%
• Vanguard Index FundsVO0.3%
• Dimensional ETF TrustDFGX0.3%
• Dimensional ETF TrustDFUS0.3%
• American Centy ETF TrAVUS0.3%
• Dimensional ETF TrustDFSD0.3%
• Micron TechnologyMU0.2%
• Amazon.comAMZN0.2%
• American Centy ETF TrAVIG0.2%
• Pgim AAA CLO ETFPAAA0.2%
• Pimco Intermediate Municipal ETFMUNI0.2%
• American Centy ETF TrAVUV0.2%
• BroadcomAVGO0.2%
• Capital GRP Fixed Incm ETF TCGSD0.2%
• Listed Funds TrINFL0.2%
• Meta PlatformsMETA0.2%
• Invesco QQQ Trust Series 1 ETFQQQ0.2%
• Dimensional ETF TrustDFCF0.2%
• American Centy ETF TrAVDV0.2%
• JPMorgan ChaseJPM0.2%
• iShares Core S&P 500 ETFIVV0.1%
• Vanguard S&P 500 ETFVOO0.1%
• Applied MaterialsAMAT0.1%
• DFA Invt Dimensions Group In0.1%
• FedExFDX0.1%
• Johnson & JohnsonJNJ0.1%
• Advanced Micro DevicesAMD0.1%
• ToroTTC0.1%
• Vanguard Index FundsVTI0.1%
• Tenet HealthcareTHC0.1%
• Dell TechnologiesDELL0.1%
• NetAppNTAP0.1%
• Morgan StanleyMS0.1%
• Philip Morris InternationalPM0.1%
• TeslaTSLA0.1%
• Keysight TechnologiesKEYS0.1%
• Cisco SystemsCSCO0.1%
• Calamos Autocallable Inc ETFCAIE0.1%
• VisaV0.1%
• Ross StoresROST0.1%
• Dollar GeneralDG0.1%
• Ameriprise FinancialAMP0.1%
• US Bancorp \de\USB0.1%
• HalliburtonHAL0.1%
• Charles SchwabSCHW0.1%
• Texas InstrumentsTXN0.1%
• iShares Core Msci Eafe ETFIEFA0.1%
• QualcommQCOM0.1%
• Robert HalfRHI0.1%
• Invesco Exchange Traded Fund TRSP0.1%