LRI Investments portfolio

What changed this quarter

1569 positions with a change (594 new, 561 added to, 361 trimmed, 53 sold); also, 2 entered through an IPO, 9 exited through an acquisition or merger, 3 entered through a spin-off. 3 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Vanguard Instl Index Fund−48%fewer sharesReduced
  1.5% → 0.7%
• Dimensional ETF Trust+13%more sharesIncreased
  4.7% → 5.3%
• Dimensional ETF Trust+8.3%more sharesIncreased
  6.3% → 7.1%

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

• ARES ManagementARES18.6%
• Dimensional ETF TrustDFAC8.2%
• Dimensional ETF Trust7.1%
• Dimensional ETF TrustDFAX5.3%
• Vanguard International Equity Index FVEU3.5%
• Dimensional ETF TrustDFAI2.8%
• WisdomTree US Largecap Divid ETFDLN2.6%
• Dimensional ETF TrustDFUV2.4%
• WisdomTree International EQU ETFDWM2.3%
• Dimensional ETF TrustDFIV1.7%
• Dimensional ETF TrustDFAS1.7%
• AppleAAPL1.6%
• Dimensional ETF TrustDISV1.3%
• WisdomTree International S/c DVD FundDLS1.3%
• Vanguard Real Estate ETFVNQ1.3%
• NVIDIANVDA1.2%
• RTXRTX1.1%
• Dimensional ETF Trust1.1%
• Assured GuarantyAGO0.9%
• Amazon.comAMZN0.9%
• AlphabetGOOGL · GOOG0.9%
• MicrosoftMSFT0.8%
• American Centy ETF TrAVUS0.8%
• Vanguard Instl Index FundVBIL0.7%
• State Str Spdr S&P 500 ETF TSPY0.6%
• Vanguard Materials ETFVAW0.5%
• Dimensional ETF TrustDFLV0.5%
• NucorNUE0.5%
• Vanguard Index FundsVTI0.5%
• iShares Future AI & Tech ETFARTY0.4%
• Vanguard Energy ETFVDE0.4%
• Vanguard S&P 500 ETFVOO0.4%
• JPMorgan ChaseJPM0.4%
• Meta PlatformsMETA0.4%
• Bitwise Crypto Indu Inno ETFBITQ0.4%
• ETF SER SolutionsDSTL0.4%
• CorningGLW0.4%
• Exxon MobilXOM0.4%
• BroadcomAVGO0.3%
• CaterpillarCAT0.3%
• Carrier GlobalCARR0.3%
• Coca-ColaKO0.3%
• American Centy ETF TrAVLV0.3%
• M&t BankMTB0.3%
• Dimensional ETF TrustDFGR0.3%
• Eli LillyLLY0.3%
• Dimensional ETF TrustDFUS0.3%
• iShares Ustechnology ETFIYW0.3%
• Johnson & JohnsonJNJ0.2%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.2%
• iShares Morningstar Small-ca ETFISCG0.2%
• iShares Morningstar Mid-cap ETFIMCG0.2%
• Toronto Dominion BankTD0.2%
• WalmartWMT0.2%
• AbbVieABBV0.2%
• Dimensional ETF TrustDUSB0.2%
• Flexshares TrTLTD0.2%
• Dimensional ETF TrustDFAU0.2%
• Micron TechnologyMU0.2%
• CitigroupC0.2%
• TeslaTSLA0.2%
• Vanguard Dividend Apprec ETFVIG0.2%
• Bank of AmericaBAC0.2%
• GE VernovaGEV0.2%
• Berkshire HathawayBRK/B0.2%
• Home DepotHD0.2%
• Vanguard Total International Stock ETFVXUS0.2%
• Travelers CompaniesTRV0.2%
• Wells FargoWFC0.2%
• iShares Morningstar Mid-cap ETFIMCV0.2%
• IntelINTC0.2%
• Advanced Micro DevicesAMD0.2%
• Taiwan Semiconductor ManufacturingTSM0.2%
• American Centy ETF TrAVDV0.2%
• MerckMRK0.2%
• Cisco SystemsCSCO0.2%
• Otis WorldwideOTIS0.1%
• Analog DevicesADI0.1%
• Pacer Global Cash Cows Divid ETFGCOW0.1%
• ChevronCVX0.1%
• J P Morgan Exchange Traded FundJEPQ0.1%
• iShares Expanded Tech-softwa ETFIGV0.1%
• American Centy ETF TrAVEM0.1%
• Texas InstrumentsTXN0.1%
• Vanguard Mrngstar GR ETF-sui ETFVUG0.1%
• American Centy ETF TrAVIV0.1%
• Golub Capital BDCGBDC0.1%
• PrologisPLD0.1%
• American Centy ETF TrAVDE0.1%
• Global X US Infrastructure ETFPAVE0.1%
• Lockheed MartinLMT0.1%
• ASML HoldingASML0.1%
• DeereDE0.1%
• Enterprise Products PartnersEPD0.1%
• Philip Morris InternationalPM0.1%
• iShares Russell 1000 Growth ETFIWF0.1%
• Vanguard ESG International Stock ETFVSGX0.1%
• Selective Insurance GroupSIGI0.1%
• Cigna GroupCI0.1%