Stephens portfolio

What changed this quarter

1047 positions with a change (86 new, 455 added to, 442 trimmed, 64 sold); also, 4 entered through an IPO, 7 exited through an acquisition or merger, 2 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

• Vanguard Index FundsVTI2.7%
• AppleAAPL2.7%
• AlphabetGOOGL · GOOG2.7%
• Invesco QQQ Trust Series 1 ETFQQQ2.2%
• WalmartWMT2.0%
• NVIDIANVDA1.9%
• Amazon.comAMZN1.8%
• BroadcomAVGO1.7%
• MicrosoftMSFT1.6%
• iShares Russell 1000 Value E ETFIWD1.6%
• JPMorgan ChaseJPM1.6%
• iShares Russell 1000 Growth ETFIWF1.5%
• State Str Spdr S&P 500 ETF TSPY1.4%
• iShares Russell Mid-cap Valu ETFIWS1.2%
• Vanguard Mrngstr Val ETF-aui ETFVTV1.0%
• Goldman Sachs GroupGS1.0%
• iShares Global 100 ETFIOO0.9%
• Vanguard S&P 500 ETFVOO0.9%
• iShares Russell 3000 ETFIWV0.8%
• Vanguard Mrngstar GR ETF-sui ETFVUG0.8%
• Vanguard Index FundsVBR0.8%
• iShares Russell Mid-cap Grow ETFIWP0.8%
• Kura Sushi USAKRUS0.7%
• CaterpillarCAT0.7%
• Schwab US DVD Equity ETFSCHD0.7%
• Meta PlatformsMETA0.6%
• Vanguard Russell 1000 Growth ETFVONG0.6%
• Cisco SystemsCSCO0.6%
• State Str Spdr DOW Jones INDDIA0.6%
• Johnson & JohnsonJNJ0.6%
• Vanguard Intermediate-term B ETFBIV0.6%
• Alps ETF TrAMLP0.6%
• Vanguard Index FundsVBK0.6%
• iShares Russell Mid-cap ETFIWR0.5%
• Vanguard Index FundsVO0.5%
• Vanguard S/t Corp Bond ETFVCSH0.5%
• MastercardMA0.5%
• Eli LillyLLY0.5%
• iShares Russell 2000 ETFIWM0.5%
• Duke EnergyDUK0.5%
• ChevronCVX0.5%
• AmphenolAPH0.5%
• iShares 0-3 Month Treasury B ETFSGOV0.5%
• Exxon MobilXOM0.5%
• J P Morgan Exchange Traded FundJPST0.5%
• First Tr Exchange-traded FundFTCB0.5%
• VisaV0.5%
• Invesco Variable Rate Prefer ETFVRP0.4%
• iShares 1-3 Year Treasury BO ETFSHY0.4%
• Berkshire HathawayBRK/B0.4%
• Vaneck ETF TrustMOAT0.4%
• iShares Russell 1000 ETFIWB0.4%
• Vanguard Ftse Developed ETFVEA0.4%
• BlackstoneBX0.4%
• MerckMRK0.4%
• AbbVieABBV0.4%
• J P Morgan Exchange Traded FundJEPI0.4%
• AmgenAMGN0.4%
• Vanguard Short-term Treasury ETFVGSH0.4%
• NewmontNEM0.4%
• J.b. Hunt Transport ServicesJBHT0.4%
• Martin Marietta MaterialsMLM0.3%
• Vanguard Most Sm-cap ETF-usd ETFVB0.3%
• iShares Msci Eafe ETFEFA0.3%
• Taiwan Semiconductor ManufacturingTSM0.3%
• Palo Alto NetworksPANW0.3%
• GE AerospaceGE0.3%
• iShares 1-5y INV Grade ETFIGSB0.3%
• Energy TransferET0.3%
• Palantir TechnologiesPLTR0.3%
• Bank of AmericaBAC0.3%
• First Trust Morn DVD Lead In ETFFDL0.3%
• PepsicoPEP0.3%
• QualcommQCOM0.3%
• Vanguard Index FundsVOE0.3%
• EatonETN0.3%
• Waste ManagementWM0.3%
• Apollo Global ManagementAPO0.3%
• Lowe'sLOW0.3%
• Vanguard Dividend Apprec ETFVIG0.3%
• American Centy ETF TrAVUV0.3%
• Home DepotHD0.3%
• Coca-ColaKO0.3%
• Applied MaterialsAMAT0.3%
• Enterprise Products PartnersEPD0.3%
• iShares Core US Reit ETFUSRT0.3%
• TeslaTSLA0.3%
• NXP SemiconductorsNXPI0.3%
• MasTecMTZ0.3%
• McDONALD’SMCD0.3%
• Capital Group Growth ETFCGGR0.3%
• iShares Msci USA Quality FAC ETFQUAL0.3%
• J P Morgan Exchange Traded FundJCPB0.2%
• iShares Core U.s. Aggregate ETFAGG0.2%
• Ares CapitalARCC0.2%
• Lockheed MartinLMT0.2%
• Invesco Exchange Traded Fund TRSP0.2%
• iShares Gold Trust ETFIAU0.2%
• Vanguard International Equity Index FVEU0.2%