Capital Advisors portfolio

What changed this quarter

247 positions with a change (35 new, 81 added to, 109 trimmed, 22 sold); also, 3 entered through an IPO, 1 exited through an acquisition or merger, 1 entered through a spin-off. 8 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Goldman Sachs ETF Tr+1.3 ppof portfolioNew
  — → 1.3%
• J P Morgan Exchange Traded Fund−99%fewer sharesReduced
  1.4% → under 0.1%
• Jabil+0.8 ppof portfolioNew
  — → 0.8%
• Cisco Systems−47%fewer sharesReduced
  1.1% → 0.8%
• iShares Ibonds DEC 2033 ETF+0.7 ppof portfolioNew
  — → 0.7%
• Ishares Tr−99%fewer sharesReduced
  0.8% → under 0.1%
• EQT−99%fewer sharesReduced
  0.9% → under 0.1%
• Applied Materials−14%fewer sharesReduced
  2.1% → 3.4%

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

• PepsicoPEP4.4%
• NVIDIANVDA4.4%
• AppleAAPL3.8%
• Applied MaterialsAMAT3.4%
• AlphabetGOOG · GOOGL3.1%
• Amazon.comAMZN2.8%
• JPMorgan ChaseJPM2.7%
• MicrosoftMSFT2.7%
• Williams CompaniesWMB2.2%
• iShares Msci Acwi ETFACWI1.8%
• iShares Ibonds DEC 2029 Term ETFIBDU1.8%
• AbbVieABBV1.7%
• SouthernSO1.6%
• Morgan StanleyMS1.5%
• ChevronCVX1.5%
• International Business MachinesIBM1.5%
• Exxon MobilXOM1.5%
• Palo Alto NetworksPANW1.5%
• GE VernovaGEV1.5%
• Simon Property GroupSPG1.4%
• iShares Ibonds DEC 2028 ETFIBDT1.3%
• Goldman Sachs ETF TrGPIX1.3%
• Verizon CommunicationsVZ1.3%
• J P Morgan Exchange Traded FundJEPQ1.3%
• EnbridgeENB1.2%
• Coca-ColaKO1.1%
• Rockwell AutomationROK1.1%
• iShares Ibonds DEC 2032 TC ETFIBDX1.0%
• iShares Ibonds DEC 2030 ETFIBDV1.0%
• Texas InstrumentsTXN1.0%
• iShares Ibonds DEC 2031 ETFIBDW1.0%
• CorningGLW1.0%
• State Str Spdr S&P 500 ETF TSPY1.0%
• State Street SPDR P Int C Corp ETFSPIB1.0%
• StrykerSYK1.0%
• BoeingBA0.9%
• Realty IncomeO0.9%
• Vanguard International Equity Index FVWO0.9%
• Berkshire HathawayBRK/B0.9%
• MedtronicMDT0.9%
• Cisco SystemsCSCO0.8%
• Ssga Active ETF TrTOTL0.8%
• TeslaTSLA0.8%
• CamecoCCJ0.8%
• JabilJBL0.8%
• VisaV0.7%
• Schwab International Equity ETFSCHF0.7%
• Intuitive SurgicalISRG0.7%
• RIO TintoRIO0.7%
• EcolabECL0.7%
• iShares Ibonds DEC 2033 ETFIBDY0.7%
• Janus Henderson Mortg Backed ETFJMBS0.7%
• Procter & GamblePG0.7%
• Honeywell InternationalHON0.7%
• Honeywell AerospaceHONA0.7%
• VeraltoVLTO0.7%
• MercadoLibreMELI0.6%
• DanaherDHR0.6%
• Waste ManagementWM0.6%
• BrookfieldBN0.6%
• PfizerPFE0.6%
• Home DepotHD0.6%
• Lockheed MartinLMT0.6%
• UBER TechnologiesUBER0.6%
• BlackstoneBX0.6%
• Freeport-McMoRanFCX0.6%
• UnileverUL0.6%
• DoorDashDASH0.6%
• Constellation EnergyCEG0.5%
• iShares Core S&P Small-cap E ETFIJR0.5%
• MoogMOG/A0.5%
• Vanguard Ftse Developed ETFVEA0.5%
• Prudential FinancialPRU0.5%
• iShares Msci International V ETFIVLU0.5%
• Southern Copper Corp/SCCO0.5%
• AirbnbABNB0.5%
• PaychexPAYX0.4%
• WatscoWSO0.4%
• Ares CapitalARCC0.4%
• SeaSE0.4%
• Spdr Index SHS FundsSPEM0.3%
• Vanguard Long-term Corp Bond ETFVCLT0.3%
• General MillsGIS0.3%
• IonQIONQ0.3%
• Vanguard Admiral FundsVIOV0.3%
• Lam ResearchLRCX0.3%
• Vanguard Most Sm-cap ETF-usd ETFVB0.2%
• Emerson ElectricEMR0.2%
• Invesco QQQ Trust Series 1 ETFQQQ0.2%
• QuantinuumQNT0.2%
• Space Exploration TechnologiesSPCX0.2%
• Meta PlatformsMETA0.2%
• State Street SPDR DOW Jones Reit ETFRWR0.2%
• OneokOKE0.1%
• iShares S&P 500 Growth ETFIVW0.1%
• BroadcomAVGO0.1%
• iShares Gold Trust ETFIAU0.1%
• WalmartWMT0.1%
• Advanced Micro DevicesAMD0.1%