Chip and internet exposure rebalance as Intel and PDD are reduced
Qualcomm became the largest position after a major increase, while Applied Materials, Meta Platforms, and Alphabet Inc. (Class A) were also increased. Intel Corporation and PDD Holdings were reduced sharply, and Alphabet Inc. (Class C) was trimmed as well. The resulting portfolio is most exposed to Qualcomm, with sizable allocations still in Applied Materials, Meta Platforms, and Intel Corporation.
Portfolio changes
| Ticker | Company | Before | After | Change |
|---|---|---|---|---|
| QCOM | — | 5.87% | 26.17% | Increased |
| AMAT | — | 6.01% | 16.28% | Increased |
| META | Meta Platforms | 11.74% | 16.19% | Increased |
| GOOGL | Alphabet Inc. (Class A) | 6.36% | 12.06% | Increased |
| INTC | Intel Corporation | 40.86% | 14.20% | Reduced |
| GOOG | Alphabet Inc. (Class C) | 13.80% | 10.78% | Reduced |
| PDD | — | 15.37% | 4.32% | Reduced |