Sumitomo Life Insurance portfolio

What changed this quarter

275 positions with a change (16 new, 45 added to, 206 trimmed, 8 sold); also, 1 entered through a spin-off. 7 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• iShares Core S&P 500 ETF+80%more sharesIncreased
  15.7% → 22.6%
• Schwab US DVD Equity ETF+31%more sharesIncreased
  32.6% → 30.9%
• Invesco S&P Ultra Dividend ETF+4.2 ppof portfolioNew
  — → 4.2%
• Vanguard International Equity Index F+126%more sharesIncreased
  0.9% → 1.5%
• iShares Tips Bond ETF+28%more sharesIncreased
  3.9% → 3.5%
• iShares JP Morgan USD Emergi ETF−33%fewer sharesReduced
  2.9% → 1.4%
• Vanguard Real Estate ETF+153%more sharesIncreased
  0.6% → 1.1%

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

• Schwab US DVD Equity ETFSCHD30.9%
• iShares Core S&P 500 ETFIVV22.6%
• Invesco S&P Ultra Dividend ETFRDIV4.2%
• iShares Tips Bond ETFTIP3.5%
• Invesco Exchange Traded Fund TPBP2.3%
• iShares S&P 500 Buywrite ETFIVVW2.2%
• NVIDIANVDA2.0%
• AlphabetGOOGL · GOOG1.8%
• AppleAAPL1.7%
• Vanguard International Equity Index FVWO1.5%
• iShares JP Morgan USD Emergi ETFEMB1.4%
• Global X S&P 500 Cove Call E ETFXYLD1.1%
• Amazon.comAMZN1.1%
• MicrosoftMSFT1.1%
• Vanguard Real Estate ETFVNQ1.1%
• Invesco Senior Loan ETFBKLN1.0%
• BroadcomAVGO0.8%
• iShares Broad USD High Yield ETFUSHY0.8%
• Eli LillyLLY0.7%
• Schwab U.s. Tips ETFSCHP0.7%
• Vanguard Emerg Mkts GOV BND ETFVWOB0.7%
• Vanguard S&P 500 ETFVOO0.6%
• JPMorgan ChaseJPM0.5%
• Palo Alto NetworksPANW0.5%
• MastercardMA0.4%
• Micron TechnologyMU0.4%
• Meta PlatformsMETA0.4%
• Goldman Sachs GroupGS0.4%
• iShares Core US Reit ETFUSRT0.4%
• WalmartWMT0.3%
• Vertiv HoldingsVRT0.3%
• Thermo Fisher ScientificTMO0.3%
• iShares US Infrastructure ETFIFRA0.3%
• Nextera EnergyNEE0.3%
• Waste ManagementWM0.3%
• Ishares S&P Gsci Commodity-GSG0.3%
• State Street SPDR Euro Stoxx ETFFEZ0.3%
• GE VernovaGEV0.3%
• IsharesIEMG0.3%
• DatadogDDOG0.3%
• Procter & GamblePG0.3%
• UBER TechnologiesUBER0.2%
• SyscoSYY0.2%
• S&P GlobalSPGI0.2%
• AmphenolAPH0.2%
• MercadoLibreMELI0.2%
• CME GroupCME0.2%
• Intuitive SurgicalISRG0.2%
• Cadence Design SystemsCDNS0.2%
• Vulcan MaterialsVMC0.2%
• Advanced Micro DevicesAMD0.2%
• TeslaTSLA0.2%
• T-mobile USTMUS0.2%
• Bank of AmericaBAC0.1%
• CaterpillarCAT0.1%
• Boston ScientificBSX0.1%
• PaychexPAYX0.1%
• Cisco SystemsCSCO0.1%
• Johnson & JohnsonJNJ0.1%
• KLAKLAC0.1%
• VisaV0.1%
• CoherentCOHR0.1%
• Applied MaterialsAMAT0.1%
• Exxon MobilXOM0.1%
• IntelINTC0.1%
• MongodbMDB0.1%
• Berkshire HathawayBRK/B0.1%
• GE AerospaceGE0.1%
• CrowdStrike HoldingsCRWD0.1%
• Western DigitalWDC0.1%
• Lam ResearchLRCX0.1%
• AbbVieABBV0.1%
• Quanta ServicesPWR0.1%
• Philip Morris InternationalPM0.1%
• SandiskSNDK0.1%
• American ExpressAXP0.1%
• EatonETN0.1%
• NewmontNEM0.1%
• Morgan StanleyMS0.1%
• Williams CompaniesWMB0.1%
• Comfort Systems USAFIX0.1%
• Costco WholesaleCOST0.1%
• Trane TechnologiesTT0.1%
• Seagate Technology HoldingsSTX0.1%
• Coca-ColaKO0.1%
• Home DepotHD0.1%
• Parker-hannifinPH0.1%
• CorningGLW0.1%
• CitigroupC0.1%
• Arista NetworksANET0.1%
• Toronto Dominion BankTD0.1%
• AppLovinAPP0.1%
• Howmet AerospaceHWM0.1%
• Vertex PharmaceuticalsVRTX0.1%
• WelltowerWELL0.1%
• EcolabECL0.1%
• ChevronCVX0.1%
• Keysight TechnologiesKEYS0.1%
• Interactive Brokers GroupIBKR0.1%