Focus Financial Network portfolio

What changed this quarter

582 positions with a change (40 new, 302 added to, 212 trimmed, 28 sold). 1 is listed here: those of 0.5 points of the portfolio or more (up to 12).

• State Street Energy Select Sector ETF+301%more sharesIncreased
  0.2% → 0.8%

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

• NVIDIANVDA11.0%
• Schwab US Large-cap Growth ETFSCHG4.8%
• Invesco QQQ Trust Series 1 ETFQQQ3.7%
• AppleAAPL3.4%
• iShares Core S&P 500 ETFIVV2.9%
• Amazon.comAMZN2.2%
• Vanguard Mrngstr Val ETF-aui ETFVTV2.1%
• iShares Core U.s. Aggregate ETFAGG1.9%
• Schwab US DVD Equity ETFSCHD1.8%
• ProShares Ultra QQQ ETFQLD1.7%
• SandiskSNDK1.5%
• Schwab Fndmn International LRG Co ETFFNDF1.4%
• Vanguard Total International Stock ETFVXUS1.3%
• iShares 7-10 Year Treasury B ETFIEF1.2%
• Invesco Exchange Traded Fund TXMHQ1.2%
• T Rowe Price Exchange-tradedTBUX · TCAF1.1%
• Fidelity Enhanced Small Cap ETFFESM1.1%
• Vanguard High DVD Yield ETFVYM1.0%
• Vanguard Ftse Developed ETFVEA1.0%
• MicrosoftMSFT0.9%
• AlphabetGOOGL0.9%
• Berkshire HathawayBRK/B0.9%
• State Str Spdr S&P 500 ETF TSPY0.9%
• State Street Technology Select Sector ETFXLK0.9%
• State Street Energy Select Sector ETFXLE0.8%
• Vanguard Dividend Apprec ETFVIG0.8%
• STE Str SPDR PT S&P 500 ETFSPYM0.7%
• iShares Russell Mid-cap ETFIWR0.7%
• iShares S&P 500 Growth ETFIVW0.6%
• Schwab US Broad Market ETFSCHB0.6%
• Schwab US Large-cap Value ETFSCHV0.6%
• Vanguard International Equity Index FVWO0.6%
• Invesco Nasdaq 100 ETFQQQM0.6%
• Invesco Exchange Traded Fund TSPHQ0.6%
• Invesco Exchange Traded Fund TXMMO0.6%
• First Trust Smid Cap Rising ETFSDVY0.6%
• Invesco Exchange Traded Fund TXSMO0.5%
• Schwab US Large-cap ETFSCHX0.5%
• IsharesEMXC0.5%
• Vanguard Index FundsVBK0.5%
• WisdomTree U.s. Quality Divi ETFDGRW0.5%
• Ishares TrIUSB0.5%
• Schwab International Equity ETFSCHF0.4%
• Schwab US Mid Cap ETFSCHM0.4%
• iShares Msci International Momentum F ETFIMTM0.4%
• Invesco Actively Managed EXCGTO0.4%
• First Trust DJ GL Sel DVD ETFFGD0.4%
• Schwab US Small-cap ETFSCHA0.4%
• BlackRock ETF TrustDYNF0.4%
• UnitedHealth GroupUNH0.4%
• Vanguard Health Care ETFVHT0.4%
• iShares Msci USA Quality FAC ETFQUAL0.4%
• Vanguard Index FundsVTI0.4%
• Abrdn Physical Gold Shares ETFSGOL0.3%
• JPMorgan ChaseJPM0.3%
• nVent ElectricNVT0.3%
• SPDR Gold Shares ETFGLD0.3%
• First Trust Rising Dividend ETFRDVY0.3%
• Vanguard Short-term Bond ETFBSV0.3%
• First Tr Exchng Traded Fund VIUCON0.3%
• BlackRock ETF TrustCORO0.3%
• Vanguard S&P 500 ETFVOO0.3%
• Capital Group Dividend ValueCGDV0.3%
• Schwab U.s. Tips ETFSCHP0.3%
• Profesionally Managed PortfoAKRE0.3%
• Costco WholesaleCOST0.3%
• 3mMMM0.3%
• Eli LillyLLY0.3%
• J P Morgan Exchange Traded FundJQUA0.3%
• CaterpillarCAT0.3%
• iShares S&P 500 Value ETFIVE0.3%
• Vaneck ETF TrustFLTR0.3%
• Morgan Stanley ETF TrustEVTR0.2%
• iShares International Small ETFISCF0.2%
• Vanguard Long-term Treasury ETFVGLT0.2%
• Vanguard Mrngstar GR ETF-sui ETFVUG0.2%
• iShares National Muni Bond E ETFMUB0.2%
• BroadcomAVGO0.2%
• First Trust North American E ETFEMLP0.2%
• Johnson & JohnsonJNJ0.2%
• Meta PlatformsMETA0.2%
• iShares Ustechnology ETFIYW0.2%
• J P Morgan Exchange Traded FundJPIE0.2%
• State Street SPDR P S&P 600 Small Cap ETFSPSM0.2%
• Vanguard Index FundsVO0.2%
• Invesco Exchange Traded Fund TPFM0.2%
• BlackRock ETF TrustBLCR0.2%
• iShares Msci Acwi EX US ETFACWX0.2%
• Delta Air LinesDAL0.2%
• Invesco Exchange Traded Fund TRSP0.2%
• iShares 1-3 Year Treasury BO ETFSHY0.2%
• Schwab US Aggregate Bond ETFSCHZ0.2%
• iShares Msci USA Value Facto ETFVLUE0.2%
• Micron TechnologyMU0.2%
• Vanguard Total Bond Market ETFBND0.2%
• Invesco Exchange Traded Fund TRSPT0.2%
• First Trust Nasdq 100 Tech I ETFQTEC0.2%
• Xcel EnergyXEL0.2%
• TeslaTSLA0.2%