Potomac Fund Management portfolio

What changed this quarter

101 positions with a change (16 new, 34 added to, 37 trimmed, 14 sold); also, 1 entered through a spin-off. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• iShares Core S&P 500 ETF+18%more sharesIncreased
  68.4% → 66.9%
• STE Str SPDR PT S&P 500 ETF+5,040%more sharesIncreased
  0.1% → 3.5%
• Bondbloxx ETF Trust+22%more sharesIncreased
  11.2% → 9.9%
• Bondbloxx ETF Trust+1.5 ppof portfolioNew
  — → 1.5%
• Bondbloxx ETF Trust+1.4 ppof portfolioNew
  — → 1.4%
• Vanguard Emerg Mkts GOV BND ETF+0.8 ppof portfolioNew
  — → 0.8%
• iShares Fallen Angels ETF+0.8 ppof portfolioNew
  — → 0.8%
• Bondbloxx ETF Trust+0.7 ppof portfolioNew
  — → 0.7%
• Litman Gregory Funds Tr−0.7 ppof portfolioSold out
  1.0% → —
• Kraneshares MT LC MN FT ID S ETF−0.7 ppof portfolioSold out
  1.0% → —
• Vanguard Index Funds+0.7 ppof portfolioNew
  — → 0.7%
• WisdomTree U.s. Quality Divi ETF+0.7 ppof portfolioNew
  — → 0.7%

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

• iShares Core S&P 500 ETFIVV66.9%
• Bondbloxx ETF TrustXHLF9.9%
• STE Str SPDR PT S&P 500 ETFSPYM3.5%
• iShares 0-3 Month Treasury B ETFSGOV2.1%
• Northern LTS Fund Tr IVSECT1.5%
• Bondbloxx ETF TrustXCCC1.5%
• Bondbloxx ETF TrustXBB1.4%
• Vanguard Emerg Mkts GOV BND ETFVWOB0.8%
• Invesco DB US Dollar Index B ETFUUP0.8%
• iShares Fallen Angels ETFFALN0.8%
• Bondbloxx ETF TrustXEMD0.7%
• EA Series TrustROE0.7%
• Vanguard Index FundsVTI0.7%
• WisdomTree U.s. Quality Divi ETFDGRW0.7%
• State Street SPDR BB Conv Sec ETFCWB0.7%
• WisdomTree Japan Hedged Eq ETFDXJ0.7%
• Vaneck ETF TrustSMH0.6%
• iShares Russell 2000 Growth ETFIWO0.6%
• iShares Russell 2000 ETFIWM0.6%
• Invesco Optimum Yield Divers ETFPDBC0.6%
• State Street SPDR S&P Metals Mining ETFXME0.6%
• Global X Silver Miners ETFSIL0.6%
• State Street Energy Select Sector ETFXLE0.6%
• Northern LTS Fund Tr IVBUYW0.3%
• Advisors Inner Circle Fund IIEDGF0.1%
• Advisors Inner Circle Fund IIEDGU0.1%
• Northern LTS Fund Tr IVTMAT0.1%
• Advisors Inner Circle Fund IIEDGH0.1%
• MicrosoftMSFT0.1%
• JPMorgan ChaseJPM0.1%
• Advisors Inner Circle Fund IIEDGI0.1%
• Wells FargoWFC0.1%
• ShellSHEL0.1%
• Gilead SciencesGILD0.1%
• Analog DevicesADI0.1%
• AstrazenecaAZNunder 0.1%
• L3harris TechnologiesLHXunder 0.1%
• Qnity ElectronicsQunder 0.1%
• Home DepotHDunder 0.1%
• Procter & GamblePGunder 0.1%
• McDONALD’SMCDunder 0.1%
• PNC Financial Services GroupPNCunder 0.1%
• Bank of AmericaBACunder 0.1%
• Abbott LaboratoriesABTunder 0.1%
• Arthur J. GallagherAJGunder 0.1%
• EquinixEQIXunder 0.1%
• NeteaseNTESunder 0.1%
• ConocoPhillipsCOPunder 0.1%
• ComcastCMCSAunder 0.1%
• iShares Core U.s. Aggregate ETFAGGunder 0.1%
• TE ConnectivityTELunder 0.1%
• Dupont De NemoursDDunder 0.1%
• PepsicoPEPunder 0.1%
• Waste ManagementWMunder 0.1%
• Honeywell InternationalHONunder 0.1%
• Johnson & JohnsonJNJunder 0.1%
• Honeywell AerospaceHONAunder 0.1%
• Microchip TechnologyMCHPunder 0.1%
• Vanguard Ftse Developed ETFVEAunder 0.1%
• NVIDIANVDAunder 0.1%
• QualcommQCOMunder 0.1%
• Solstice Advanced MaterialsSOLSunder 0.1%
• Vanguard Mrngstar GR ETF-sui ETFVUGunder 0.1%
• iShares Treasury Floating RA ETFTFLOunder 0.1%
• iShares 0-5 Year Tips Bond E ETFSTIPunder 0.1%
• EvergyEVRGunder 0.1%
• US Bancorp \de\USBunder 0.1%
• Eli LillyLLYunder 0.1%
• XylemXYLunder 0.1%
• SempraSREunder 0.1%
• RTXRTXunder 0.1%
• ChevronCVXunder 0.1%
• BroadcomAVGOunder 0.1%
• AlphabetGOOGunder 0.1%
• Amazon.comAMZNunder 0.1%
• Vanguard Mrngstr Val ETF-aui ETFVTVunder 0.1%
• Eastman ChemicalEMNunder 0.1%
• CME GroupCMEunder 0.1%
• Vanguard Mortgage-backed Sec ETFVMBSunder 0.1%
• iShares 3-7 Year Treasury BO ETFIEIunder 0.1%
• VisaVunder 0.1%
• MastercardMAunder 0.1%
• DBX ETF TrSNPEunder 0.1%
• iShares ESG Aware US Aggrega ETFEAGGunder 0.1%
• ServiceNowNOWunder 0.1%
• Vanguard Total International Bond ETFBNDXunder 0.1%
• OracleORCLunder 0.1%
• Vanguard Short-term Bond ETFBSVunder 0.1%
• ShopifySHOPunder 0.1%
• iShares Gold Trust ETFIAUunder 0.1%
• State Street Health Care Select Sector ETFXLVunder 0.1%
• Invesco Bulletshares 2028 CB ETFBSCSunder 0.1%
• Invesco Bulletshares 2027 CB ETFBSCRunder 0.1%
• Invesco Bulletshares 2026 CB ETFBSCQunder 0.1%
• Vanguard International Equity Index FVWOunder 0.1%
• iShares Core S&P Midcap ETFIJHunder 0.1%
• MSCIMSCIunder 0.1%
• StarbucksSBUXunder 0.1%
• Lam ResearchLRCXunder 0.1%
• iShares Core S&P Small-cap E ETFIJRunder 0.1%