Auto-Owners Insurance portfolio

What changed this quarter

52 positions with a change (2 new, 3 added to, 28 trimmed, 19 sold). 11 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• State Street SPDR Nyse Tech ETF−66%fewer sharesReduced
  11.4% → 5.2%
• STE Str SPDR PT DW EU ETF−25%fewer sharesReduced
  17.3% → 18.0%
• iShares Core S&P Total U.s ETF−29%fewer sharesReduced
  11.3% → 11.3%
• Alphabet−52%fewer sharesReduced
  3.7% → 2.3%
• iShares Core Msci DEV Mkts ETF−37%fewer sharesReduced
  4.8% → 4.3%
• iShares Msci Eafe Value ETF−25%fewer sharesReduced
  6.8% → 7.4%
• Cisco Systems−95%fewer sharesReduced
  1.6% → 0.1%
• Vanguard International Equity Index F−61%fewer sharesReduced
  1.8% → 0.9%
• US Bancorp \de\−0.9 ppof portfolioSold out
  0.9% → —
• Qnity Electronics−99%fewer sharesReduced
  0.7% → under 0.1%
• Amazon.com−25%fewer sharesReduced
  1.9% → 2.1%

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

• STE Str SPDR PT DW EU ETFSPDW18.0%
• iShares Core S&P Total U.s ETFITOT11.3%
• iShares Msci Eafe Value ETFEFV7.4%
• State Street SPDR Nyse Tech ETFXNTK5.2%
• Schwab Fndmn International LRG Co ETFFNDF4.5%
• iShares Core Msci DEV Mkts ETFIDEV4.3%
• Berkshire HathawayBRK/A · BRK/B3.8%
• Vanguard High DVD Yield ETFVYM3.5%
• iShares Core S&P U.s. Value ETFIUSV3.0%
• State Street SPDR P S&P 500 HI Div ETFSPYD2.9%
• Meta PlatformsMETA2.6%
• Vanguard Most Sm-cap ETF-usd ETFVB2.4%
• AlphabetGOOG2.3%
• Vanguard Ftse Developed ETFVEA2.3%
• Amazon.comAMZN2.1%
• State Street SPDR P S&P 400 Midcap ETFSPMD2.0%
• Johnson & JohnsonJNJ1.9%
• MicrosoftMSFT1.7%
• DowDOW1.4%
• PepsicoPEP1.3%
• iShares Core Dividend Growth ETFDGRO1.2%
• PolarisPII1.2%
• Enterprise Products PartnersEPD1.1%
• Becton, DickinsonBDX1.0%
• Blue OWL Technology FinanceOTF0.9%
• Vanguard International Equity Index FVWO0.9%
• Vanguard Consumer Discre ETFVCR0.9%
• GE VernovaGEV0.9%
• GE AerospaceGE0.9%
• Baxter InternationalBAX0.8%
• State Street Real Estate Select Sector ETFXLRE0.7%
• GE Healthcare TechnologiesGEHC0.7%
• IsharesIEMG0.5%
• CarnivalCCL0.5%
• Kraft HeinzKHC0.4%
• Vivmark ResidentialVMRK0.3%
• AmerisafeAMSF0.3%
• 3mMMM0.2%
• Vanguard Index FundsVTI0.2%
• IsharesDVYE0.2%
• Honda MotorHMC0.2%
• RTXRTX0.2%
• iShares Msci Eafe Small-cap ETFSCZ0.2%
• FMCFMC0.1%
• Coca-ColaKO0.1%
• NovartisNVS0.1%
• Procter & GamblePG0.1%
• iShares Core High Dividend E ETFHDV0.1%
• MSC Industrial DirectMSM0.1%
• Cisco SystemsCSCO0.1%
• Thermo Fisher ScientificTMO0.1%
• Applied MaterialsAMAT0.1%
• StrykerSYK0.1%
• AppleAAPL0.1%
• Zimmer Biomet HoldingsZBH0.1%
• LindeLINunder 0.1%
• BlackRockBLKunder 0.1%
• United Parcel ServiceUPSunder 0.1%
• PNC Financial Services GroupPNCunder 0.1%
• Snap-onSNAunder 0.1%
• MerckMRKunder 0.1%
• QualcommQCOMunder 0.1%
• EcolabECLunder 0.1%
• RIO TintoRIOunder 0.1%
• SyscoSYYunder 0.1%
• BroadcomAVGOunder 0.1%
• Abbott LaboratoriesABTunder 0.1%
• DoverDOVunder 0.1%
• Carrier GlobalCARRunder 0.1%
• Illinois Tool WorksITWunder 0.1%
• Mondelez InternationalMDLZunder 0.1%
• Verizon CommunicationsVZunder 0.1%
• Expeditors International of WashingtonEXPDunder 0.1%
• Otis WorldwideOTISunder 0.1%
• At&tTunder 0.1%
• CME GroupCMEunder 0.1%
• Qnity ElectronicsQunder 0.1%