Traphagen Investment Advisors portfolio

What changed this quarter

155 positions with a change (15 new, 83 added to, 51 trimmed, 6 sold). 4 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Fidelity Real Estate Inc-etf ETF+1.2 ppof portfolioNew
  — → 1.2%
• Bluerock PVT Real Estate Fund−97%fewer sharesReduced
  1.1% → under 0.1%
• Fidelity Enhanced International ETF+25%more sharesIncreased
  3.0% → 3.6%
• American Centy ETF Tr−7.8%fewer sharesReduced
  9.3% → 8.2%

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 Core S&P 500 ETFIVV25.5%
• Victory Portfolios IIVFLO · GFLW13.0%
• American Centy ETF TrAVUS8.2%
• Janus Detroit Str TrJSI4.2%
• Fidelity Enhanced International ETFFENI3.6%
• AppleAAPL3.4%
• Janus Henderson AAA CLO ETFJAAA3.4%
• First Trst Nasd CL EDG Sgiif ETFGRID3.0%
• Tortoise Capital Series TrusTPYP2.5%
• Fidelity Msci US Utilities ETFFUTY1.9%
• Vanguard Intermediate-term T ETFVGIT1.9%
• iShares 0-3 Month Treasury B ETFSGOV1.8%
• Vaneck ETF TrustGPZ1.7%
• Alger ETF TrustALAI1.7%
• Vanguard S&P 500 ETFVOO1.2%
• Bitwise Bitcoin ETFBITB1.2%
• Vanguard Index FundsVTI1.2%
• Fidelity Real Estate Inc-etf ETFFREI1.2%
• Berkshire HathawayBRK/A · BRK/B1.0%
• iShares 20+ Bond Buywrite ETFTLTW0.9%
• CME GroupCME0.9%
• Schwab US DVD Equity ETFSCHD0.9%
• NVIDIANVDA0.6%
• Goldman Sachs GroupGS0.6%
• AlphabetGOOG · GOOGL0.6%
• Intercontinental ExchangeICE0.6%
• MicrosoftMSFT0.6%
• iShares Expanded Tech Sector ETFIGM0.4%
• Grayscale Bitcoin Trust ETFGBTC0.4%
• Amazon.comAMZN0.3%
• Ishares Bitcoin Trust ETFIBIT0.3%
• Invesco National Amt-free MU ETFPZA0.3%
• JPMorgan ChaseJPM0.3%
• Public Service Enterprise GroupPEG0.3%
• iShares National Muni Bond E ETFMUB0.2%
• Schwab US Large-cap ETFSCHX0.2%
• Bondbloxx ETF TrustTXXI0.2%
• Home DepotHD0.2%
• State Str Spdr S&P 500 ETF TSPY0.2%
• iShares 1-3 Year Treasury BO ETFSHY0.2%
• Exxon MobilXOM0.2%
• ChevronCVX0.2%
• EA Series TrustSTXF0.2%
• CaterpillarCAT0.2%
• Johnson & JohnsonJNJ0.2%
• Invesco QQQ Trust Series 1 ETFQQQ0.2%
• Pacer US Cash Cows 100 ETFCOWZ0.2%
• AbbVieABBV0.2%
• Cisco SystemsCSCO0.2%
• Meta PlatformsMETA0.2%
• Schwab US Broad Market ETFSCHB0.2%
• Vanguard Extended Market ETFVXF0.2%
• Verizon CommunicationsVZ0.2%
• Fidelity Msci Info Tech Indx ETFFTEC0.1%
• iShares Russell 1000 Growth ETFIWF0.1%
• VisaV0.1%
• Micron TechnologyMU0.1%
• IntelINTC0.1%
• Vanguard Dividend Apprec ETFVIG0.1%
• GE AerospaceGE0.1%
• Costco WholesaleCOST0.1%
• CrowdStrike HoldingsCRWD0.1%
• WalmartWMT0.1%
• Grayscale Bitcoin Mini Tr ETBTC0.1%
• Eli LillyLLY0.1%
• American Centy ETF TrAVUV0.1%
• GE VernovaGEV0.1%
• TeslaTSLA0.1%
• iShares 3-7 Year Treasury BO ETFIEI0.1%
• iShares ESG Optimized Msci U ETFSUSA0.1%
• OracleORCL0.1%
• At&tT0.1%
• Consolidated EdisonED0.1%
• Coca-ColaKO0.1%
• Mondelez InternationalMDLZ0.1%
• Palantir TechnologiesPLTR0.1%
• Philip Morris InternationalPM0.1%
• StrategyMSTR0.1%
• Lockheed MartinLMT0.1%
• iShares ESG Aware Msci USA ETFESGU0.1%
• Goldman Sachs Innovate Eqty ETFGINN0.1%
• Goldman Activebeta US LC ETFGSLC0.1%
• Advanced Micro DevicesAMD0.1%
• iShares Core S&P Midcap ETFIJH0.1%
• MastercardMA0.1%
• Automatic Data ProcessingADP0.1%
• Vanguard Index FundsVV0.1%
• KLAKLAC0.1%
• Vanguard Total International Stock ETFVXUS0.1%
• MerckMRK0.1%
• Vanguard Index FundsVO0.1%
• Texas InstrumentsTXN0.1%
• Bank of New York MellonBNY0.1%
• International Business MachinesIBM0.1%
• EatonETN0.1%
• iShares Core S&P Total U.s ETFITOT0.1%
• Fidelity ENH LRG Cap Gwth ETFFELG0.1%