Stonebridge Financial Group portfolio

What changed this quarter

216 positions with a change (18 new, 124 added to, 57 trimmed, 17 sold). 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Victory Portfolios II+87%more sharesIncreased
  3.6% → 6.4%
• State Street Technology Select Sector ETF−98%fewer sharesReduced
  2.2% → under 0.1%
• State Street Health Care Select Sector ETF+610%more sharesIncreased
  0.3% → 2.5%
• Vanguard International Equity Index F−2.1 ppof portfolioSold out
  2.2% → —
• iShares Core Msci Europe ETF+2.1 ppof portfolioNew
  — → 2.1%
• State Street Comm Select Sector SPDR ETF+2.1 ppof portfolioNew
  — → 2.1%
• Ishares−96%fewer sharesReduced
  2.3% → 0.1%
• State Street Energy Select Sector ETF+2.0 ppof portfolioNew
  — → 2.0%
• State Street Industrial Select Sector ETF−98%fewer sharesReduced
  2.3% → under 0.1%
• Janus Henderson AAA CLO ETF+142%more sharesIncreased
  0.7% → 1.7%
• Capital GRP Fixed Incm ETF T+115%more sharesIncreased
  0.7% → 1.5%
• Capital GRP Fixed Incm ETF T−23%fewer sharesReduced
  3.6% → 2.6%

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

• Victory Portfolios IIUSTB6.4%
• iShares Core Dividend Growth ETFDGRO4.6%
• Pimco Shrt TRM Muni BND ETFSMMU3.7%
• AppleAAPL3.3%
• Pimco Multisector Bond Actv ETFPYLD2.7%
• Capital GRP Fixed Incm ETF TCGCP2.6%
• Invesco Exchange Traded Fund TPRFZ2.6%
• State Street Health Care Select Sector ETFXLV2.5%
• State Street SPDR P S&P 500 Growth ETFSPYG2.2%
• iShares Core Msci Europe ETFIEUR2.1%
• State Street Comm Select Sector SPDR ETFXLC2.1%
• State Street Energy Select Sector ETFXLE2.0%
• State Street Financial Select Sector ETFXLF2.0%
• Pimco Intermediate Municipal ETFMUNI1.8%
• Janus Henderson AAA CLO ETFJAAA1.7%
• Capital Group Growth ETFCGGR1.6%
• WisdomTree US Midcap Dividen ETFDON1.6%
• WisdomTree Floating Rate TRE ETFUSFR1.5%
• Capital Group GBL Growth EQTCGGO1.5%
• Capital GRP Fixed Incm ETF TCGMU1.5%
• AlphabetGOOGL · GOOG1.4%
• MicrosoftMSFT1.3%
• Abrdn Physical Gold Shares ETFSGOL1.3%
• iShares US Equity Factor ETFLRGF1.3%
• iShares Russell Mid-cap Grow ETFIWP1.2%
• WisdomTree U.s. Smallcap QUA ETFDGRS1.2%
• iShares Russell 1000 Growth ETFIWF1.1%
• Schwab Short-term US Treas ETFSCHO1.1%
• iShares Treasury Floating RA ETFTFLO1.1%
• Invesco Exchange Traded Fund TPRF1.1%
• iShares Gold Trust ETFIAU1.0%
• JPMorgan ChaseJPM0.9%
• Capital Group InternationalCGIE0.9%
• Vanguard Tax-exempt Bond ETFVTEB0.9%
• Advisors Inner Circle Fund IIISAMT0.8%
• Pgim Ultra Short Bond ETFPULS0.8%
• Johnson & JohnsonJNJ0.8%
• NVIDIANVDA0.7%
• J P Morgan Exchange Traded FundJPLD0.7%
• Meta PlatformsMETA0.7%
• Analog DevicesADI0.6%
• Vanguard Instl Index FundVBIL0.6%
• Invesco Exchange Traded Fund TRSPG0.6%
• Invesco Exchange Traded Fund TPWV0.6%
• WalmartWMT0.5%
• Cisco SystemsCSCO0.5%
• CorningGLW0.5%
• Marathon PetroleumMPC0.5%
• AmgenAMGN0.5%
• AflacAFL0.5%
• Vaneck ETF TrustNLR0.5%
• Emerson ElectricEMR0.5%
• CumminsCMI0.5%
• LindeLIN0.5%
• State Str Spdr S&P 500 ETF TSPY0.5%
• MastercardMA0.4%
• BWX TechnologiesBWXT0.4%
• Coca-ColaKO0.4%
• General DynamicsGD0.4%
• SPDR Gold Shares ETFGLD0.4%
• Global X Copper Miners ETFCOPX0.4%
• Vertiv HoldingsVRT0.4%
• Nextera EnergyNEE0.4%
• ChubbCB0.4%
• BlackRockBLK0.4%
• Vanguard Index FundsVTI0.4%
• iShares US Smallcap Equity F ETFSMLF0.4%
• J P Morgan Exchange Traded FundJEPI0.4%
• Vanguard Dividend Apprec ETFVIG0.4%
• PaychexPAYX0.4%
• Air Products and ChemicalsAPD0.4%
• Regions FinancialRF0.4%
• L3harris TechnologiesLHX0.3%
• Abbott LaboratoriesABT0.3%
• MedtronicMDT0.3%
• Commerce BancsharesCBSH0.3%
• McDONALD’SMCD0.3%
• Lowe'sLOW0.3%
• Capital Group New GeographyCGNG0.3%
• StrykerSYK0.3%
• Berkshire HathawayBRK/B0.3%
• SPDR Gold Minishares Trust ETFGLDM0.3%
• QualcommQCOM0.3%
• Brown & BrownBRO0.3%
• RTXRTX0.3%
• American ExpressAXP0.3%
• Philip Morris InternationalPM0.3%
• Invesco QQQ Trust Series 1 ETFQQQ0.2%
• SouthernSO0.2%
• Pgim Ultra Shrt Mnpl BND ETFPUSH0.2%
• OracleORCL0.2%
• Realty IncomeO0.2%
• Capital Group Dividend ValueCGDV0.2%
• Amazon.comAMZN0.2%
• WisdomTree U.s. Quality Divi ETFDGRW0.2%
• Vanguard S&P 500 ETFVOO0.2%
• American TowerAMT0.2%
• First Commonwealth FinancialFCF0.2%
• Litman Gregory Funds TrDBMF0.2%