Triglav Investments, D.o.o portfolio

What changed this quarter

143 positions with a change (33 new, 67 added to, 26 trimmed, 17 sold); also, 2 entered through a spin-off. 11 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Royal Bank of Canada+1.7 ppof portfolioNew
  — → 1.7%
• Advanced Micro Devices+113%more sharesIncreased
  0.5% → 2.4%
• Lam Research+134%more sharesIncreased
  0.6% → 2.1%
• Micron Technology−21%fewer sharesReduced
  2.0% → 4.0%
• Marvell Technology+293%more sharesIncreased
  0.1% → 1.2%
• Gildan Activewear+0.8 ppof portfolioNew
  — → 0.8%
• Toronto Dominion Bank+0.7 ppof portfolioNew
  — → 0.7%
• RTX−0.7 ppof portfolioSold out
  0.9% → —
• Microsoft+14%more sharesIncreased
  6.2% → 5.4%
• Broadcom+17%more sharesIncreased
  3.7% → 4.0%
• Cencora−0.5 ppof portfolioSold out
  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

• NVIDIANVDA8.6%
• AlphabetGOOGL · GOOG6.5%
• Amazon.comAMZN6.1%
• MicrosoftMSFT5.4%
• AppleAAPL5.3%
• Micron TechnologyMU4.0%
• BroadcomAVGO4.0%
• Eli LillyLLY3.3%
• JPMorgan ChaseJPM2.6%
• Advanced Micro DevicesAMD2.4%
• Goldman Sachs GroupGS2.4%
• Meta PlatformsMETA2.4%
• Taiwan Semiconductor ManufacturingTSM2.2%
• Lam ResearchLRCX2.1%
• WalmartWMT1.8%
• TeslaTSLA1.8%
• Royal Bank of CanadaRY1.7%
• VisaV1.4%
• CaterpillarCAT1.4%
• MerckMRK1.3%
• Marvell TechnologyMRVL1.2%
• Johnson & JohnsonJNJ1.1%
• Applied MaterialsAMAT1.0%
• NetflixNFLX1.0%
• KLAKLAC0.8%
• Gildan ActivewearGIL0.8%
• Home DepotHD0.8%
• Cisco SystemsCSCO0.8%
• Ralph LaurenRL0.7%
• Toronto Dominion BankTD0.7%
• Eaton0.6%
• AbbVieABBV0.6%
• Emerson ElectricEMR0.6%
• CVS HealthCVS0.6%
• Quanta ServicesPWR0.6%
• UBER TechnologiesUBER0.6%
• SandiskSNDK0.6%
• Thermo Fisher ScientificTMO0.6%
• UnitedHealth GroupUNH0.6%
• Bank of AmericaBAC0.5%
• IntelINTC0.5%
• CitigroupC0.5%
• Vertiv HoldingsVRT0.5%
• State Str Spdr S&P 500 ETF TSPY0.5%
• PfizerPFE0.4%
• Nextera EnergyNEE0.4%
• Walt DisneyDIS0.4%
• Morgan StanleyMS0.4%
• AstrazenecaAZN0.4%
• DH Europe Finance II Sarl0.3%
• iShares Europe ETFIEV0.3%
• PrologisPLD0.3%
• MastercardMA0.3%
• OracleORCL0.3%
• Alibaba Group HoldingBABA0.3%
• iShares Core S&P 500 ETFIVV0.3%
• Dell TechnologiesDELL0.3%
• CorningGLW0.3%
• First SolarFSLR0.3%
• QualcommQCOM0.3%
• EquinixEQIX0.3%
• Tencent HoldingsTCEHY0.3%
• Booking Holdings0.3%
• International Business MachinesIBM0.3%
• Costco WholesaleCOST0.3%
• Texas InstrumentsTXN0.2%
• Honeywell InternationalHON0.2%
• LindeLIN0.2%
• Honeywell AerospaceHONA0.2%
• SeaSE0.2%
• ASE Technology HoldingASX0.2%
• MedtronicMDT0.2%
• CoherentCOHR0.2%
• Union PacificUNP0.2%
• Analog DevicesADI0.2%
• Palantir TechnologiesPLTR0.2%
• Coca-ColaKO0.2%
• Western DigitalWDC0.2%
• General MotorsGM0.2%
• WelltowerWELL0.2%
• Palo Alto NetworksPANW0.2%
• McDONALD’SMCD0.2%
• Comfort Systems USAFIX0.2%
• CRH publicCRH0.2%
• Seagate Technology HoldingsSTX0.2%
• Fortive0.1%
• BiogenBIIB0.1%
• Arista NetworksANET0.1%
• SoFi TechnologiesSOFI0.1%
• Wells FargoWFC0.1%
• American TowerAMT0.1%
• Spotify TechnologySPOT0.1%
• TJXTJX0.1%
• Icici BankIBN0.1%
• Comcast(bond)0.1%
• General Mills0.1%
• NateraNTRA0.1%
• Gilead SciencesGILD0.1%
• Verizon Communications(bond)0.1%