Mercer Global Advisors portfolio

What changed this quarter

3429 positions with a change (473 new, 1997 added to, 868 trimmed, 91 sold); also, 7 entered through an IPO, 41 exited through an acquisition or merger, 3 entered through a spin-off. 2 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• iShares Core U.s. Aggregate ETF+14%more sharesIncreased
  5.8% → 5.5%
• Vanguard Short-term Bond ETF+11%more sharesIncreased
  5.3% → 4.9%

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 U.s. Aggregate ETFAGG5.5%
• Vanguard Short-term Bond ETFBSV4.9%
• Vanguard S&P 500 ETFVOO4.6%
• Dimensional ETF TrustDFAC4.0%
• iShares Msci USA Momentum FA ETFMTUM3.4%
• Vanguard Ftse Developed ETFVEA3.2%
• Dimensional ETF TrustDFUV2.9%
• Dimensional ETF Trust2.7%
• AppleAAPL2.5%
• Vanguard Total International Bond ETFBNDX2.4%
• Dimensional ETF TrustDFIC1.9%
• NVIDIANVDA1.9%
• iShares Msci International Momentum F ETFIMTM1.7%
• Dimensional ETF TrustDFIV1.6%
• Dimensional ETF TrustDIHP1.5%
• American Centy ETF TrAVSC1.4%
• iShares National Muni Bond E ETFMUB1.4%
• iShares Short-term National ETFSUB1.4%
• AlphabetGOOGL · GOOG1.4%
• Vanguard Most Sm-cap ETF-usd ETFVB1.3%
• Vanguard International Equity Index FVWO1.2%
• American Centy ETF TrAVEM1.2%
• iShares Core S&P 500 ETFIVV1.2%
• MicrosoftMSFT1.0%
• Amazon.comAMZN0.7%
• Vanguard Tax-exempt Bond ETFVTEB0.7%
• Vanguard Index FundsVTI0.7%
• BroadcomAVGO0.6%
• Micron TechnologyMU0.6%
• Vanguard High DVD Yield ETFVYM0.6%
• Vanguard Extended Market ETFVXF0.6%
• iShares Core Msci Eafe ETFIEFA0.5%
• State Str Spdr S&P 500 ETF TSPY0.5%
• Dimensional ETF TrustDFCA0.5%
• Dimensional ETF TrustDFUS0.4%
• JPMorgan ChaseJPM0.4%
• Invesco QQQ Trust Series 1 ETFQQQ0.4%
• Meta PlatformsMETA0.4%
• Berkshire HathawayBRK/B0.4%
• iShares Russell 1000 ETFIWB0.4%
• Schwab US Large-cap ETFSCHX0.4%
• TeslaTSLA0.3%
• Lam ResearchLRCX0.3%
• IntelINTC0.3%
• iShares Msci USA Quality FAC ETFQUAL0.3%
• Advanced Micro DevicesAMD0.3%
• Schwab International Equity ETFSCHF0.3%
• Johnson & JohnsonJNJ0.3%
• Exxon MobilXOM0.3%
• Eli LillyLLY0.3%
• iShares Msci USA Value Facto ETFVLUE0.3%
• WalmartWMT0.3%
• Applied MaterialsAMAT0.3%
• iShares Russell 1000 Growth ETFIWF0.3%
• iShares Core S&P Small-cap E ETFIJR0.3%
• CaterpillarCAT0.2%
• iShares ESG Aware US Aggrega ETFEAGG0.2%
• Vanguard Total International Stock ETFVXUS0.2%
• IsharesIEMG0.2%
• KLAKLAC0.2%
• State Street Technology Select Sector ETFXLK0.2%
• Cisco SystemsCSCO0.2%
• iShares International Select ETFIDV0.2%
• Vanguard Info Tech ETFVGT0.2%
• iShares Russell 2000 ETFIWM0.2%
• Costco WholesaleCOST0.2%
• iShares Msci Eafe ETFEFA0.2%
• Home DepotHD0.2%
• iShares Trust iShares ESG AW ETFESGD0.2%
• iShares Msci International V ETFIVLU0.2%
• Vanguard Mrngstar GR ETF-sui ETFVUG0.2%
• Vanguard Dividend Apprec ETFVIG0.2%
• iShares Ibonds DEC 2028 ETFIBDT0.2%
• iShares Core S&P Total U.s ETFITOT0.2%
• AbbVieABBV0.2%
• iShares Msci International Q ETFIQLT0.2%
• Ishares TrIBDS0.2%
• iShares Ibonds DEC 2029 Term ETFIBDU0.2%
• iShares Ibonds DEC 2030 ETFIBDV0.2%
• VisaV0.2%
• iShares Core S&P Midcap ETFIJH0.2%
• Vanguard Sh Term Tax-ex Bond ETFVTES0.2%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.2%
• American Centy ETF TrAVUS0.2%
• ChevronCVX0.2%
• Apogee Therapeutics0.2%
• Dimensional ETF TrustDFAS0.2%
• Dimensional ETF TrustDFAI0.2%
• iShares Broad USD Investment ETFUSIG0.2%
• AmphenolAPH0.1%
• Dimensional ETF TrustDFAT0.1%
• NetflixNFLX0.1%
• Raymond James FinancialRJF0.1%
• MerckMRK0.1%
• Vanguard Total Bond Market ETFBND0.1%
• QualcommQCOM0.1%
• CorningGLW0.1%
• iShares Ibonds DEC 2026 Term ETFIBDR0.1%
• iShares Russell 3000 ETFIWV0.1%