First Merchants portfolio

What changed this quarter

206 positions with a change (9 new, 36 added to, 153 trimmed, 8 sold). 1 is listed here: those of 0.5 points of the portfolio or more (up to 12).

• Fmpw Inst Money+153%more sharesIncreased
  6.2% → 14.7%

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

• Fmpw Inst Money14.7%
• Vanguard 500 Index AdmiralVFIAX4.7%
• FED Sh Intrm TTL BDSRBRX3.3%
• FED TTL RET BD CL R6FTRLX3.1%
• Vanguard Short-term Bond ETFBSV2.2%
• Vanguard Index FundsVIMAX2.1%
• AppleAAPL2.1%
• Eli LillyLLY2.0%
• AlphabetGOOGL1.9%
• Schwab Cap TrSFNNX1.8%
• MicrosoftMSFT1.7%
• BroadcomAVGO1.5%
• Vanguard S&P 500 ETFVOO1.4%
• iShares Ustechnology ETFIYW1.4%
• Fidelity ContrafundFCNTX1.4%
• Vanguard EquityVEIRX1.3%
• Vanguard Info Tech ETFVGT1.3%
• iShares S&P 500 Growth ETFIVW1.2%
• NVIDIANVDA1.2%
• North Ult-sh FIXNUSFX1.2%
• Lam ResearchLRCX1.1%
• Amazon.comAMZN1.1%
• AmphenolAPH1.0%
• iShares Core U.s. Aggregate ETFAGG1.0%
• Pzena Emerging Markets Value InstlPZIEX0.9%
• JPMorgan ChaseJPM0.9%
• Vanguard BD Index Funds S-t BdinVBIRX0.9%
• Janus EnterpriseJMGRX0.9%
• Vanguard International GrowthVWILX0.9%
• iShares Core S&P Small-cap E ETFIJR0.9%
• MFS Midcap Value R6MVCKX0.8%
• VisaV0.8%
• Vanguard Small Cap Index Admiral SharesVSMAX0.8%
• American Centy ETF TrAVUV0.8%
• Vanguard Intermediate-term B ETFBIV0.7%
• iShares S&P 500 Value ETFIVE0.7%
• First MerchantsFRME0.7%
• iShares Core Msci Eafe ETFIEFA0.7%
• Morgan Stanley InternationalMFAIX0.6%
• Vanguard Inter-termVWIUX0.6%
• Vanguard Index FundsVIGAX0.6%
• Meta PlatformsMETA0.6%
• WCM Focused Emrg MktWCMEX0.6%
• StrykerSYK0.5%
• WCM Focused International GrowWCMIX0.5%
• Vanguard Total Bond Market Index ADMVBTLX0.5%
• AbbVieABBV0.5%
• WalmartWMT0.5%
• Vanguard Limited TAXVMLUX0.4%
• State Street Technology Select Sector ETFXLK0.4%
• TJXTJX0.4%
• FortinetFTNT0.4%
• ChubbCB0.4%
• State Str Spdr S&P 500 ETF TSPY0.4%
• iShares 0-3 Month Treasury B ETFSGOV0.4%
• Johnson & JohnsonJNJ0.4%
• Costco WholesaleCOST0.4%
• iShares S&P Mid-cap 400 Grow ETFIJK0.4%
• Invesco Actively Managed EXCGSY0.4%
• Dodge & COX Income IDODIX0.4%
• Charles SchwabSCHW0.4%
• iShares S&P Mid-cap 400 Valu ETFIJJ0.4%
• Vanguard S/t INV GRVFSUX0.4%
• BlackRockBLK0.4%
• Lowe'sLOW0.4%
• Vanguard Value Index ADMVVIAX0.4%
• Vanguard Russell 1000 Value ETFVONV0.3%
• Procter & GamblePG0.3%
• Grant County State0.3%
• AmetekAME0.3%
• iShares Russell Mid-cap Grow ETFIWP0.3%
• State Street Health Care Select Sector ETFXLV0.3%
• Texas InstrumentsTXN0.3%
• Taiwan Semiconductor ManufacturingTSM0.3%
• IsharesIEMG0.3%
• State Str Spdr S&P Midcap 40MDY0.3%
• O Reilly AutomotiveORLY0.3%
• LindeLIN0.3%
• CaterpillarCAT0.3%
• Northern MidcapNOMIX0.3%
• Vanguard High Div YDVHYAX0.2%
• S&P GlobalSPGI0.2%
• CumminsCMI0.2%
• EOG ResourcesEOG0.2%
• RTXRTX0.2%
• ChevronCVX0.2%
• AccentureACN0.2%
• iShares Russell Mid-cap ETFIWR0.2%
• Berkshire HathawayBRK/B0.2%
• DanaherDHR0.2%
• Vanguard Info Tech (adm)VITAX0.2%
• Cisco SystemsCSCO0.2%
• Home DepotHD0.2%
• BAE SystemsBAESY0.2%
• Rowe T Price Divid Growth FundPDGIX0.2%
• iShares Russell Mid-cap Valu ETFIWS0.2%
• Schwab US DVD Equity ETFSCHD0.2%
• PepsicoPEP0.2%
• ServiceNowNOW0.2%
• State Street Consumer Disc Select Sect ETFXLY0.2%