Banco Santander portfolio

What changed this quarter

489 positions with a change (74 new, 212 added to, 165 trimmed, 38 sold); also, 2 entered through an IPO, 1 entered through a spin-off. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• NVIDIA+74%more sharesIncreased
  3.7% → 5.7%
• Apple+65%more sharesIncreased
  2.9% → 4.2%
• Microsoft+36%more sharesIncreased
  5.5% → 5.8%
• Micron Technology+99%more sharesIncreased
  0.6% → 2.9%
• Meta Platforms+121%more sharesIncreased
  1.4% → 2.4%
• Broadcom+70%more sharesIncreased
  1.2% → 1.9%
• Amazon.com+36%more sharesIncreased
  2.4% → 2.8%
• Deutsche Bank Aktiengesellschaft+674%more sharesIncreased
  0.1% → 0.9%
• Alphabet+46%more sharesIncreased
  1.7% → 2.3%
• Applied Materials+239%more sharesIncreased
  0.2% → 0.8%
• Sandisk+0.6 ppof portfolioNew
  — → 0.6%
• KLA+2,196%more sharesIncreased
  under 0.1% → 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

• Banco Santander (brasil)BSBR17.0%
• MicrosoftMSFT5.8%
• NVIDIANVDA5.7%
• FerrovialFER4.2%
• AppleAAPL4.2%
• AlphabetGOOGL · GOOG3.7%
• Micron TechnologyMU2.9%
• Amazon.comAMZN2.8%
• Meta PlatformsMETA2.4%
• TotalEnergiesTTE2.4%
• BroadcomAVGO1.9%
• SPDR Gold Shares ETFGLD1.4%
• JPMorgan ChaseJPM1.3%
• FerrariRACE1.1%
• State Str Spdr S&P 500 ETF TSPY1.0%
• Eli LillyLLY0.9%
• CaterpillarCAT0.9%
• Vanguard S&P 500 ETFVOO0.9%
• Deutsche Bank AktiengesellschaftDB0.9%
• Invesco Nasdaq 100 ETFQQQM0.8%
• Applied MaterialsAMAT0.8%
• CitigroupC0.8%
• Marvell TechnologyMRVL0.8%
• Advanced Micro DevicesAMD0.7%
• Morgan StanleyMS0.7%
• iShares Core S&P 500 ETFIVV0.7%
• OracleORCL0.7%
• TeslaTSLA0.7%
• IsharesURTH0.7%
• Lam ResearchLRCX0.6%
• Bank of AmericaBAC0.6%
• VisaV0.6%
• SandiskSNDK0.6%
• Coca-ColaKO0.6%
• KLAKLAC0.5%
• IntelINTC0.5%
• Goldman Sachs GroupGS0.5%
• Western DigitalWDC0.5%
• Berkshire HathawayBRK/B0.5%
• NetflixNFLX0.4%
• WalmartWMT0.4%
• Bristol-myers SquibbBMY0.4%
• UnitedHealth GroupUNH0.4%
• GE VernovaGEV0.4%
• Invesco QQQ Trust Series 1 ETFQQQ0.4%
• Vertiv HoldingsVRT0.4%
• Vertex PharmaceuticalsVRTX0.3%
• MastercardMA0.3%
• Exxon MobilXOM0.3%
• iShares Msci Acwi ETFACWI0.3%
• Procter & GamblePG0.3%
• ChevronCVX0.3%
• Intuitive SurgicalISRG0.3%
• AbbVieABBV0.3%
• GE AerospaceGE0.3%
• DatadogDDOG0.3%
• State Street SPDR P AGG Bond ETFSPAB0.3%
• Cisco SystemsCSCO0.3%
• Vanguard International Equity Index FVWO0.3%
• Arista NetworksANET0.3%
• IRENIREN0.3%
• PfizerPFE0.2%
• Waste ManagementWM0.2%
• WabtecWAB0.2%
• WelltowerWELL0.2%
• iShares 0-1 Year Treasury BO ETFSHV0.2%
• Analog DevicesADI0.2%
• Charles SchwabSCHW0.2%
• Freeport-McMoRanFCX0.2%
• QualcommQCOM0.2%
• UBER TechnologiesUBER0.2%
• Mondelez InternationalMDLZ0.2%
• State Street Technology Select Sector ETFXLK0.2%
• Parker-hannifinPH0.2%
• Gilead SciencesGILD0.2%
• iShares 3-7 Year Treasury BO ETFIEI0.2%
• Palo Alto NetworksPANW0.2%
• Regeneron PharmaceuticalsREGN0.2%
• Vanguard International Equity Index FVGK0.2%
• iShares Global Tech ETFIXN0.2%
• Constellation EnergyCEG0.2%
• SynopsysSNPS0.2%
• iShares Msci Emerging Market ETFEEM0.2%
• StellantisSTLA0.2%
• Edison InternationalEIX0.2%
• RTXRTX0.2%
• COTYCOTY0.2%
• Costco WholesaleCOST0.2%
• IsharesIEMG0.2%
• Cheniere EnergyLNG0.2%
• NewmontNEM0.2%
• Home DepotHD0.2%
• iShares 10-20 Year Treasury ETFTLH0.2%
• CME GroupCME0.2%
• BoeingBA0.2%
• Nu HoldingsNU0.2%
• St SR UTL SL SE SPDR ETF-usd ETFXLU0.2%
• AmphenolAPH0.2%
• Cardinal HealthCAH0.2%