Stifel Financial portfolio

What changed this quarter

3300 positions with a change (185 new, 1629 added to, 1382 trimmed, 104 sold); also, 8 entered through an IPO, 20 exited through an acquisition or merger, 7 entered through a spin-off.

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

• NVIDIANVDA2.7%
• AlphabetGOOGL · GOOG2.7%
• AppleAAPL2.7%
• MicrosoftMSFT2.0%
• Amazon.comAMZN1.7%
• BroadcomAVGO1.4%
• Cisco SystemsCSCO1.2%
• JPMorgan ChaseJPM1.1%
• State Str Spdr S&P 500 ETF TSPY1.0%
• Vanguard S&P 500 ETFVOO1.0%
• Johnson & JohnsonJNJ0.9%
• iShares S&P 500 Growth ETFIVW0.9%
• VisaV0.9%
• MerckMRK0.9%
• iShares Core Msci Eafe ETFIEFA0.9%
• Eli LillyLLY0.8%
• AbbVieABBV0.8%
• Home DepotHD0.8%
• PepsicoPEP0.7%
• iShares S&P 500 Value ETFIVE0.7%
• Texas InstrumentsTXN0.7%
• Invesco QQQ Trust Series 1 ETFQQQ0.6%
• International Business MachinesIBM0.6%
• iShares Core U.s. Aggregate ETFAGG0.6%
• Palo Alto NetworksPANW0.6%
• Meta PlatformsMETA0.6%
• Procter & GamblePG0.6%
• iShares Core S&P 500 ETFIVV0.6%
• AmphenolAPH0.6%
• CorningGLW0.5%
• Coca-ColaKO0.5%
• Costco WholesaleCOST0.5%
• CaterpillarCAT0.5%
• EatonETN0.5%
• Vanguard Ftse Developed ETFVEA0.5%
• Lockheed MartinLMT0.5%
• iShares Russell 1000 Growth ETFIWF0.5%
• Union PacificUNP0.5%
• AmgenAMGN0.5%
• Taiwan Semiconductor ManufacturingTSM0.5%
• ChevronCVX0.4%
• Applied MaterialsAMAT0.4%
• State Street SPDR BB 1-3m T-bill ETFBIL0.4%
• Vanguard Mortgage-backed Sec ETFVMBS0.4%
• IsharesIEMG0.4%
• MedtronicMDT0.4%
• W.W. GraingerGWW0.4%
• TJXTJX0.4%
• Waste ManagementWM0.4%
• iShares Russell 1000 Value E ETFIWD0.4%
• Automatic Data ProcessingADP0.4%
• Colgate-palmoliveCL0.4%
• ASML HoldingASML0.4%
• iShares Broad USD Investment ETFUSIG0.4%
• CumminsCMI0.4%
• RTXRTX0.3%
• Illinois Tool WorksITW0.3%
• NetflixNFLX0.3%
• Micron TechnologyMU0.3%
• Berkshire HathawayBRK/B0.3%
• Church & DwightCHD0.3%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.3%
• Vanguard Mrngstar GR ETF-sui ETFVUG0.3%
• Vanguard Info Tech ETFVGT0.3%
• GE VernovaGEV0.3%
• WalmartWMT0.3%
• Marsh & Mclennan CompaniesMRSH0.3%
• Exxon MobilXOM0.3%
• Vanguard Most Sm-cap ETF-usd ETFVB0.3%
• GE AerospaceGE0.3%
• iShares MBS ETFMBB0.3%
• Marvell TechnologyMRVL0.3%
• AccentureACN0.3%
• State Street Technology Select Sector ETFXLK0.3%
• Morgan StanleyMS0.3%
• Abbott LaboratoriesABT0.3%
• MastercardMA0.3%
• Verizon CommunicationsVZ0.3%
• Goldman Sachs GroupGS0.3%
• Republic ServicesRSG0.3%
• Capital Group Dividend ValueCGDV0.3%
• McDONALD’SMCD0.3%
• Vanguard International Equity Index FVWO0.3%
• Thermo Fisher ScientificTMO0.3%
• Lam ResearchLRCX0.3%
• TeslaTSLA0.3%
• Analog DevicesADI0.3%
• Vanguard International Equity Index FVEU0.3%
• ChubbCB0.2%
• Yum! BrandsYUM0.2%
• Williams CompaniesWMB0.2%
• Ferguson EnterprisesFERG0.2%
• iShares Core S&P Total U.s ETFITOT0.2%
• LindeLIN0.2%
• PrologisPLD0.2%
• Motorola SolutionsMSI0.2%
• DeereDE0.2%
• Bank of AmericaBAC0.2%
• Moody'sMCO0.2%