HM Payson portfolio

What changed this quarter

489 positions with a change (47 new, 173 added to, 236 trimmed, 33 sold); also, 2 entered through an IPO, 7 exited through an acquisition or merger, 4 entered through a spin-off. 2 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• iShares Core Dividend Growth ETF−40%fewer sharesReduced
  2.0% → 1.2%
• Caterpillar−49%fewer sharesReduced
  1.1% → 0.8%

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

• AlphabetGOOG · GOOGL7.1%
• AppleAAPL6.4%
• BroadcomAVGO5.5%
• MicrosoftMSFT4.7%
• Lam ResearchLRCX4.7%
• NVIDIANVDA4.6%
• Amazon.comAMZN2.8%
• ASML HoldingASML2.3%
• Vanguard Ftse Developed ETFVEA2.1%
• AbbVieABBV2.0%
• iShares Ibonds DEC 2027 Term ETFIBTH2.0%
• JPMorgan ChaseJPM1.8%
• Berkshire HathawayBRK/B · BRK/A1.8%
• AmetekAME1.8%
• iShares Ibonds DEC 2026 Term ETFIBTG1.7%
• MastercardMA1.5%
• L3harris TechnologiesLHX1.4%
• iShares Ibonds DEC 2026 Term ETFIBDR1.3%
• Ishares TrIBDS1.3%
• Johnson & JohnsonJNJ1.3%
• TJXTJX1.2%
• Home DepotHD1.2%
• iShares Core Dividend Growth ETFDGRO1.2%
• Meta PlatformsMETA1.2%
• Thermo Fisher ScientificTMO1.1%
• iShares Ibonds DEC 2028 ETFIBDT1.1%
• nVent ElectricNVT1.0%
• iShares Ibonds DEC 2029 Term ETFIBDU1.0%
• VisaV0.9%
• Eli LillyLLY0.9%
• STE Str SPDR PT S&P 500 ETFSPYM0.8%
• AmgenAMGN0.8%
• CaterpillarCAT0.8%
• iShares Ibonds DEC 2030 ETFIBDV0.8%
• AutoZoneAZO0.8%
• Marathon PetroleumMPC0.8%
• iShares Ibonds 1-5 Corp LAD ETFLDRC0.7%
• HubbellHUBB0.7%
• S&P GlobalSPGI0.7%
• McDONALD’SMCD0.6%
• OracleORCL0.6%
• iShares Ibond 1-5 Trea LAD ETFLDRT0.6%
• DanaherDHR0.6%
• ChevronCVX0.6%
• Parker-hannifinPH0.6%
• Exxon MobilXOM0.6%
• CumminsCMI0.6%
• General DynamicsGD0.5%
• American ExpressAXP0.5%
• DeereDE0.5%
• EatonETN0.5%
• RTXRTX0.4%
• Lowe'sLOW0.4%
• Abbott LaboratoriesABT0.4%
• Procter & GamblePG0.4%
• Invesco Exchange Traded Fund TRSP0.4%
• State Str Spdr S&P 500 ETF TSPY0.4%
• WalmartWMT0.4%
• iShares Ibonds DEC 2028 Term ETFIBTI0.3%
• Taiwan Semiconductor ManufacturingTSM0.3%
• Cisco SystemsCSCO0.3%
• iShares Ibonds DEC 2030 Trea ETFIBTK0.3%
• MerckMRK0.3%
• D.R. HortonDHI0.3%
• iShares Ibonds DEC 2029 Term ETFIBTJ0.3%
• AmphenolAPH0.3%
• International Business MachinesIBM0.3%
• Texas InstrumentsTXN0.3%
• iShares ESG Optimized Msci U ETFSUSA0.3%
• DoverDOV0.3%
• iShares US Treasury Bond ETFGOVT0.2%
• MSCIMSCI0.2%
• Bank of AmericaBAC0.2%
• Tyler TechnologiesTYL0.2%
• CSXCSX0.2%
• Morgan StanleyMS0.2%
• AflacAFL0.2%
• PepsicoPEP0.2%
• NetflixNFLX0.2%
• Carlisle CompaniesCSL0.2%
• iShares 0-3 Month Treasury B ETFSGOV0.2%
• Honeywell InternationalHON0.2%
• Honeywell AerospaceHONA0.2%
• Idexx LaboratoriesIDXX0.2%
• IntuitINTU0.2%
• Vanguard Dividend Apprec ETFVIG0.2%
• AonAON0.2%
• AccentureACN0.1%
• PfizerPFE0.1%
• GE AerospaceGE0.1%
• SalesforceCRM0.1%
• Vanguard Short-term Treasury ETFVGSH0.1%
• Vanguard International Equity Index FVWO0.1%
• iShares Core S&P Small-cap E ETFIJR0.1%
• Vanguard Index FundsVTI0.1%
• Automatic Data ProcessingADP0.1%
• Nextera EnergyNEE0.1%
• Philip Morris InternationalPM0.1%