Anchor Capital Advisors portfolio

What changed this quarter

192 positions with a change (13 new, 31 added to, 128 trimmed, 20 sold); also, 1 exited through an acquisition or merger, 1 entered through a spin-off. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Otis Worldwide−1.2 ppof portfolioSold out
  1.2% → —
• American Healthcare REIT+391%more sharesIncreased
  0.2% → 1.3%
• Rexford Industrial Realty−1.0 ppof portfolioSold out
  1.0% → —
• Cheniere Energy+0.9 ppof portfolioNew
  — → 0.9%
• Franco Nevada+0.9 ppof portfolioNew
  — → 0.9%
• Solstice Advanced Materials+130%more sharesIncreased
  0.6% → 1.6%
• Fluor−91%fewer sharesReduced
  0.8% → 0.1%
• Honeywell International+311%more sharesIncreased
  0.4% → 0.8%
• Amazon.com+2,199%more sharesIncreased
  under 0.1% → 0.7%
• Paycom Software−0.6 ppof portfolioSold out
  0.6% → —
• Broadridge Financial Solutions−91%fewer sharesReduced
  0.8% → 0.1%
• Markel Group−30%fewer sharesReduced
  1.8% → 1.3%

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

• Analog DevicesADI2.5%
• M&t BankMTB2.2%
• PNC Financial Services GroupPNC2.2%
• Berkley W RWRB2.1%
• McKESSONMCK2.0%
• Ferguson EnterprisesFERG2.0%
• CRH publicCRH1.9%
• TD SynnexSNX1.9%
• Cboe Global MarketsCBOE1.8%
• Qnity ElectronicsQ1.8%
• Lamar AdvertisingLAMR1.8%
• Air Products and ChemicalsAPD1.7%
• Diamondback EnergyFANG1.7%
• IdacorpIDA1.7%
• Alliant EnergyLNT1.6%
• Casey’s General StoresCASY1.6%
• Solstice Advanced MaterialsSOLS1.6%
• Mid-america Apartment CommunitiesMAA1.5%
• HubbellHUBB1.5%
• Toll BrothersTOL1.5%
• Globus MedicalGMED1.4%
• Expeditors International of WashingtonEXPD1.4%
• CNH IndustrialCNH1.4%
• Xcel EnergyXEL1.4%
• Keurig Dr PepperKDP1.3%
• CortevaCTVA1.3%
• TECK ResourcesTECK1.3%
• American Healthcare REITAHR1.3%
• Dupont De NemoursDD1.3%
• SolventumSOLV1.3%
• Sunbelt Rentals HoldingsSUNB1.3%
• Markel GroupMKL1.3%
• CorpayCPAY1.2%
• TE ConnectivityTEL1.2%
• Avery DennisonAVY1.2%
• Yum! BrandsYUM1.2%
• Arch Capital GroupACGL1.2%
• HersheyHSY1.1%
• AlconALC1.1%
• iShares Russell Mid-cap Valu ETFIWS1.1%
• WatscoWSO1.1%
• JPMorgan ChaseJPM1.1%
• Crown CastleCCI1.0%
• MicrosoftMSFT0.9%
• iShares 1-3 Year Treasury BO ETFSHY0.9%
• Applied MaterialsAMAT0.9%
• IntelINTC0.9%
• Cheniere EnergyLNG0.9%
• Franco NevadaFNV0.9%
• Honeywell AerospaceHONA0.9%
• Berkshire HathawayBRK/B0.9%
• Johnson & JohnsonJNJ0.9%
• Builders FirstsourceBLDR0.8%
• Honeywell InternationalHON0.8%
• iShares 3-7 Year Treasury BO ETFIEI0.8%
• Trane TechnologiesTT0.8%
• GE Healthcare TechnologiesGEHC0.8%
• AutodeskADSK0.7%
• RTXRTX0.7%
• Goldman Sachs GroupGS0.7%
• Amazon.comAMZN0.7%
• ChubbCB0.6%
• Lowe'sLOW0.6%
• RIO TintoRIO0.6%
• EntergyETR0.6%
• VisaV0.5%
• iShares 7-10 Year Treasury B ETFIEF0.5%
• ShellSHEL0.5%
• McDONALD’SMCD0.5%
• ChevronCVX0.5%
• iShares 1-5y INV Grade ETFIGSB0.5%
• Marathon PetroleumMPC0.5%
• American ExpressAXP0.5%
• PepsicoPEP0.5%
• EatonETN0.5%
• Union PacificUNP0.5%
• SPDR Gold Shares ETFGLD0.4%
• AbbVieABBV0.4%
• Lockheed MartinLMT0.4%
• Parker-hannifinPH0.4%
• CME GroupCME0.4%
• Realty IncomeO0.4%
• iShares 5-10y INV Grade ETFIGIB0.3%
• American TowerAMT0.3%
• SLBSLB0.3%
• Procter & GamblePG0.3%
• AstrazenecaAZN0.3%
• TCW ETF TrustFLXR0.3%
• iShares 0-1 Year Treasury BO ETFSHV0.3%
• Abbott LaboratoriesABT0.3%
• AppleAAPL0.2%
• Thermo Fisher ScientificTMO0.2%
• Boston ScientificBSX0.2%
• J P Morgan Exchange Traded FundJPLD0.2%
• Schwab US Large-cap Growth ETFSCHG0.2%
• iShares Russell 1000 ETFIWB0.2%
• Vanguard S/t Corp Bond ETFVCSH0.1%
• ProgressivePGR0.1%
• QualcommQCOM0.1%
• iShares Russell 1000 Value E ETFIWD0.1%