Ferguson Wellman Capital Management portfolio

What changed this quarter

305 positions with a change (22 new, 106 added to, 145 trimmed, 32 sold). 6 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Advanced Micro Devices+6,952%more sharesIncreased
  under 0.1% → 1.0%
• Johnson & Johnson+41%more sharesIncreased
  1.5% → 2.1%
• Veralto+0.6 ppof portfolioNew
  — → 0.6%
• Avalonbay Communities−0.6 ppof portfolioSold out
  0.6% → —
• Stryker−86%fewer sharesReduced
  0.7% → 0.1%
• Vivmark Residential+0.5 ppof portfolioNew
  — → 0.5%

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

• MicrosoftMSFT5.9%
• NVIDIANVDA5.4%
• AlphabetGOOGL · GOOG5.4%
• AppleAAPL5.2%
• iShares Msci Acwi EX US ETFACWX4.9%
• BroadcomAVGO3.0%
• JPMorgan ChaseJPM2.4%
• Amazon.comAMZN2.2%
• ChevronCVX2.2%
• Johnson & JohnsonJNJ2.1%
• AbbVieABBV2.1%
• iShares Core S&P 500 ETFIVV2.0%
• iShares Core U.s. Aggregate ETFAGG2.0%
• Cisco SystemsCSCO2.0%
• iShares MBS ETFMBB1.8%
• State StreetSTT1.7%
• VisaV1.6%
• Procter & GamblePG1.4%
• Parker-hannifinPH1.3%
• Micron TechnologyMU1.3%
• AmgenAMGN1.2%
• EntergyETR1.2%
• Ingersoll-rand1.2%
• Philip Morris InternationalPM1.1%
• Advanced Micro DevicesAMD1.0%
• Palo Alto NetworksPANW1.0%
• American Electric PowerAEP1.0%
• Wells FargoWFC0.9%
• WalmartWMT0.9%
• iShares Russell 2000 ETFIWM0.9%
• Meta PlatformsMETA0.9%
• IsharesIEMG0.9%
• Home DepotHD0.8%
• Charles SchwabSCHW0.8%
• Freeport-McMoRanFCX0.8%
• TJXTJX0.8%
• CencoraCOR0.8%
• EatonETN0.7%
• Thermo Fisher ScientificTMO0.7%
• Analog DevicesADI0.7%
• Vanguard Int Tax-exempt Bond ETFVTEI0.7%
• Taiwan Semiconductor ManufacturingTSM0.6%
• Morgan StanleyMS0.6%
• MerckMRK0.6%
• VeraltoVLTO0.6%
• American International GroupAIG0.6%
• State Street Industrial Select Sector ETFXLI0.5%
• Union PacificUNP0.5%
• Vivmark ResidentialVMRK0.5%
• Emerson ElectricEMR0.5%
• Sumitomo Mitsui Financial GroupSMFG0.5%
• Texas InstrumentsTXN0.5%
• At&tT0.5%
• Exxon MobilXOM0.4%
• iShares Core S&P Small-cap E ETFIJR0.4%
• BlackRockBLK0.4%
• Berkshire HathawayBRK/B0.4%
• International Business MachinesIBM0.4%
• SiemensSIEGY0.4%
• CumminsCMI0.4%
• East West BancorpEWBC0.4%
• BarclaysBCS0.3%
• CBRE GroupCBRE0.3%
• Verizon CommunicationsVZ0.3%
• SafranSAFRY0.3%
• CelesticaCLS0.3%
• Sony GroupSONY0.3%
• NovartisNVS0.3%
• State Street Energy Select Sector ETFXLE0.3%
• McKESSONMCK0.3%
• National GridNGG0.3%
• Eli LillyLLY0.3%
• Honeywell InternationalHON0.3%
• Canadian Natural ResourcesCNQ0.3%
• Domino’s PizzaDPZ0.3%
• McDONALD’SMCD0.3%
• BHP GroupBHP0.3%
• Southern Copper Corp/SCCO0.3%
• Kinder MorganKMI0.3%
• CrowdStrike HoldingsCRWD0.3%
• AXAAXAHY0.2%
• Ameriprise FinancialAMP0.2%
• Costco WholesaleCOST0.2%
• State Str Spdr S&P 500 ETF TSPY0.2%
• Vaneck ETF TrustSMH0.2%
• State Street Technology Select Sector ETFXLK0.2%
• Lockheed MartinLMT0.2%
• iShares ESG Aware US Aggrega ETFEAGG0.2%
• MetLifeMET0.2%
• CaterpillarCAT0.2%
• IsharesESGE0.2%
• Vanguard International Equity Index FVWO0.2%
• Vanguard Ftse Developed ETFVEA0.2%
• Imperial BrandsIMBBY0.2%
• iShares U.s. Financial Servi ETFIYG0.2%
• iShares U.s. Aerospace & DEF ETFITA0.2%
• Vanguard Index FundsVTI0.1%
• iShares Intermediate Governm ETFGVI0.1%
• iShares ESG Aware Msci USA ETFESGU0.1%