Internet and semiconductor exposure broadens as Intel is cut
Alphabet Inc. became the biggest new allocation this week, with both Class A and Class C shares increased sharply. Intel Corporation was cut heavily, Qualcomm and PDD Holdings were reduced, and Applied Materials and Meta Platforms were both nudged higher. The portfolio is now most exposed to Alphabet Inc., with still meaningful weight in Intel Corporation and Meta Platforms.
Portfolio changes
| Ticker | Company | Before | After | Change |
|---|---|---|---|---|
| GOOGL | Alphabet Inc. (Class A) | 4.94% | 23.61% | Increased |
| GOOG | Alphabet Inc. (Class C) | 5.03% | 23.01% | Increased |
| META | Meta Platforms | 13.66% | 13.71% | Increased |
| AMAT | — | 7.95% | 9.59% | Increased |
| INTC | Intel Corporation | 46.09% | 22.52% | Reduced |
| QCOM | — | 14.52% | 6.28% | Reduced |
| PDD | — | 7.81% | 1.27% | Reduced |