Independent Financial Group portfolio

What changed this quarter

1383 positions with a change (133 new, 636 added to, 511 trimmed, 103 sold); also, 5 entered through an IPO.

No moves of 0.5 points of the portfolio or more.

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

• NVIDIANVDA7.2%
• AppleAAPL3.0%
• Invesco QQQ Trust Series 1 ETFQQQ2.5%
• Micron TechnologyMU2.2%
• BroadcomAVGO1.9%
• MicrosoftMSFT1.8%
• Amazon.comAMZN1.8%
• iShares Core S&P 500 ETFIVV1.7%
• AlphabetGOOG · GOOGL1.7%
• State Str Spdr S&P 500 ETF TSPY1.5%
• Vanguard Index FundsVTI1.0%
• Pgim AAA CLO ETFPAAA1.0%
• State Street Technology Select Sector ETFXLK0.9%
• Taiwan Semiconductor ManufacturingTSM0.8%
• Advanced Micro DevicesAMD0.8%
• STE Str SPDR PT S&P 500 ETFSPYM0.7%
• Vaneck ETF TrustSMH0.7%
• First Tr Exchng Traded Fund VIBUFR0.7%
• Meta PlatformsMETA0.6%
• Capital Group Dividend ValueCGDV0.6%
• Vanguard S&P 500 ETFVOO0.6%
• Palantir TechnologiesPLTR0.6%
• SPDR Gold Shares ETFGLD0.6%
• iShares Msci USA Quality GAR ETFGARP0.6%
• Neos ETF TrustQQQI0.6%
• Tidal Trust IIISNTH0.6%
• TeslaTSLA0.6%
• Costco WholesaleCOST0.5%
• First Trust Rising Dividend ETFRDVY0.5%
• iShares Semiconductor ETFSOXX0.5%
• State Street SPDR P S&P 500 Growth ETFSPYG0.5%
• CrowdStrike HoldingsCRWD0.5%
• Schwab US Large-cap Growth ETFSCHG0.5%
• Schwab US DVD Equity ETFSCHD0.4%
• J P Morgan Exchange Traded FundJPST0.4%
• ProShares Ultrapro QQQ ETFTQQQ0.4%
• Pacer US Cash Cows 100 ETFCOWZ0.4%
• iShares Core S&P Midcap ETFIJH0.4%
• J P Morgan Exchange Traded FundJEPQ0.4%
• iShares 0-3 Month Treasury B ETFSGOV0.4%
• Eli LillyLLY0.4%
• Berkshire HathawayBRK/B0.4%
• Vanguard Total International Stock ETFVXUS0.4%
• BlackRock ETF TrustDYNF0.4%
• WalmartWMT0.3%
• SandiskSNDK0.3%
• iShares Core S&P Total U.s ETFITOT0.3%
• Invesco Nasdaq 100 ETFQQQM0.3%
• Palo Alto NetworksPANW0.3%
• Vanguard Mrngstar GR ETF-sui ETFVUG0.3%
• First Trust Nasdaq Cybersecu ETFCIBR0.3%
• Marvell TechnologyMRVL0.3%
• Vanguard Info Tech ETFVGT0.3%
• First Trust Smid Cap Rising ETFSDVY0.3%
• Vanguard Index FundsVOT0.3%
• First Trust Develp Mkt Ex-us ETFFDT0.3%
• Direxion Shares ETF TrustQQQE0.3%
• Vanguard Total Bond Market ETFBND0.3%
• iShares Russell 2000 ETFIWM0.3%
• BlackRock ETF TrustCORO0.3%
• JPMorgan ChaseJPM0.3%
• Dell TechnologiesDELL0.3%
• CaterpillarCAT0.3%
• StrategyMSTR0.3%
• Vanguard World FundMGK0.3%
• Bluerock PVT Real Estate FundBPRE0.3%
• Bloom EnergyBE0.3%
• Space Exploration TechnologiesSPCX0.2%
• Vaneck ETF TrustGDX0.2%
• AbbVieABBV0.2%
• Neos ETF TrustXQQI0.2%
• GE VernovaGEV0.2%
• Vanguard High DVD Yield ETFVYM0.2%
• iShares Ultra Short Duration ETFICSH0.2%
• Exxon MobilXOM0.2%
• Janus Henderson AAA CLO ETFJAAA0.2%
• Vaneck ETF TrustMOAT0.2%
• iShares U.s. Aerospace & DEF ETFITA0.2%
• VisaV0.2%
• T Rowe Price Exchange-tradedTSPA0.2%
• State Street Energy Select Sector ETFXLE0.2%
• Capital Group Growth ETFCGGR0.2%
• Invesco Exchange Traded Fund TRSP0.2%
• IsharesIEMG0.2%
• First Tr Exchange-traded FundACYN0.2%
• SmartStop Self Storage REITSMA0.2%
• Neos ETF TrustSPYI0.2%
• ProShares Ultra S&p500 ETFSSO0.2%
• Invesco S&P Smallcap 600 ETFRWJ0.2%
• State Street Health Care Select Sector ETFXLV0.2%
• Applied MaterialsAMAT0.2%
• State Street SPDR P S&P 1500 Comp ETFSPTM0.2%
• iShares Sh DBA ETF USDNEAR0.2%
• iShares Silver Trust ETFSLV0.2%
• Johnson & JohnsonJNJ0.2%
• IntelINTC0.2%
• Invesco S&P 500 Momentum ETFSPMO0.2%
• Credo Technology Group HoldingCRDO0.2%
• Pacer Developed Markets Inte ETFICOW0.2%