Titleist Asset Management portfolio

What changed this quarter

363 positions with a change (33 new, 174 added to, 135 trimmed, 21 sold). 5 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Space Exploration Technologies+1.2 ppof portfolioNew
  — → 1.2%
• iShares 0-3 Month Treasury B ETF+29%more sharesIncreased
  3.8% → 4.7%
• Vanguard World Fund+4,690%more sharesIncreased
  under 0.1% → 1.0%
• iShares Russell 2000 ETF−26%fewer sharesReduced
  2.8% → 1.8%
• iShares Ibonds DEC 2031 Term ETF−43%fewer sharesReduced
  1.3% → 0.7%

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 0-3 Month Treasury B ETFSGOV4.7%
• TeslaTSLA3.8%
• NVIDIANVDA3.2%
• iShares Core S&P Midcap ETFIJH2.6%
• State Str Spdr S&P 500 ETF TSPY2.4%
• Berkshire HathawayBRK/B2.2%
• Vanguard World FundMGV2.0%
• iShares Russell Top 200 Grow ETFIWY2.0%
• iShares Russell 2000 ETFIWM1.8%
• AppleAAPL1.7%
• Invesco Exchange Traded Fund TRSP1.6%
• EA Series TrustBOXX1.6%
• Amazon.comAMZN1.5%
• AlphabetGOOGL · GOOG1.5%
• Vanguard Mrngstar GR ETF-sui ETFVUG1.4%
• iShares Core S&P Small-cap E ETFIJR1.3%
• iShares Ibonds DEC 2030 Trea ETFIBTK1.3%
• Vanguard Ultra Short Bond ET ETFVUSB1.3%
• Space Exploration TechnologiesSPCX1.2%
• iShares 7-10 Year Treasury B ETFIEF1.1%
• Palantir TechnologiesPLTR1.1%
• Vanguard Index FundsVTI1.0%
• Vanguard World FundMGK1.0%
• Vanguard Info Tech ETFVGT1.0%
• Invesco S&P International De ETFIDMO1.0%
• Elevation Series Trust - POL ETFDIVZ1.0%
• First Trust ENH Short MAT FundFTSM0.9%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.9%
• Vanguard Health Care ETFVHT0.9%
• iShares Msci International V ETFIVLU0.9%
• MicrosoftMSFT0.9%
• Advanced Micro DevicesAMD0.8%
• iShares Ibonds DEC 2027 Term ETFIBTH0.8%
• iShares Msci Eafe ETFEFA0.8%
• ARK Innovation ETFARKK0.8%
• IsharesIEMG0.8%
• Vanguard Index FundsVO0.8%
• Vanguard S&P 500 ETFVOO0.8%
• iShares Core S&P 500 ETFIVV0.7%
• iShares Ibonds DEC 2031 Term ETFIBTL0.7%
• BroadcomAVGO0.7%
• Vanguard Dividend Apprec ETFVIG0.7%
• iShares Ibnds DEC 2032 TT ETFIBTM0.7%
• ARK 21shares Bitcoin ETFARKB0.7%
• Invesco QQQ Trust Series 1 ETFQQQ0.6%
• iShares Ibonds DEC 2028 Term ETFIBTI0.6%
• iShares Ibonds DEC 2026 Term ETFIBTG0.6%
• Vanguard Total Bond Market ETFBND0.6%
• Meta PlatformsMETA0.5%
• CrowdStrike HoldingsCRWD0.5%
• iShares S&P 100 ETFOEF0.5%
• Ishares Bitcoin Trust ETFIBIT0.5%
• Fidelity Total Bond ETFFBND0.5%
• STE Str SPDR PT S&P 500 ETFSPYM0.5%
• Viper EnergyVNOM0.5%
• Invesco Exchange Traded Fund TXMMO0.5%
• First Trust Rising Dividend ETFRDVY0.5%
• iShares Russell 2000 Value E ETFIWN0.5%
• iShares Ethereum Trust ETFETHA0.5%
• Vanguard Ftse Developed ETFVEA0.4%
• Exxon MobilXOM0.4%
• ServiceNowNOW0.4%
• Vanguard Most Sm-cap ETF-usd ETFVB0.4%
• iShares Msci USA Quality FAC ETFQUAL0.4%
• Capital Group Dividend ValueCGDV0.4%
• Vanguard US Minimum Volatili ETFVFMV0.4%
• St SR UTL SL SE SPDR ETF-usd ETFXLU0.4%
• iShares Expanded Tech-softwa ETFIGV0.4%
• Home DepotHD0.4%
• DAN Wedbush AI REV ETFIVES0.4%
• JPMorgan ChaseJPM0.4%
• Vanguard S/t Corp Bond ETFVCSH0.4%
• American Centy ETF TrAVEM0.4%
• Schwab US DVD Equity ETFSCHD0.4%
• Vanguard Total Corporate BND ETFVTC0.3%
• BoeingBA0.3%
• StrategyMSTR0.3%
• State Street SPDR BB 1-3m T-bill ETFBIL0.3%
• Waste ManagementWM0.3%
• Vaneck ETF TrustGDX0.3%
• Vanguard Index FundsVOT0.3%
• ChevronCVX0.3%
• iShares Core Msci Eafe ETFIEFA0.3%
• ARK Blockchain & Fintech INN ETFARKF0.3%
• Grayscale Ethereum Staking EETHE0.3%
• First Trust Smid Cap Rising ETFSDVY0.3%
• iShares Core Dividend Growth ETFDGRO0.3%
• Flexshares TrMBSD0.3%
• Vanguard Int-term Corporate ETFVCIT0.3%
• Tempus AITEM0.3%
• BlackRock ETF Trust IIBINC0.3%
• State Street Energy Select Sector ETFXLE0.3%
• Vanguard Total International Stock ETFVXUS0.3%
• Invesco Exchange Traded Fund TXSMO0.3%
• iShares 10+ Year INV GR ETFIGLB0.3%
• iShares Gold Trust ETFIAU0.3%
• Invesco Nasdaq 100 ETFQQQM0.2%
• Palo Alto NetworksPANW0.2%
• SPDR Gold Shares ETFGLD0.2%