Semiconductor exposure narrows as AMD takes a larger role
Advanced Micro Devices Inc. became the clear largest position after a major increase, while Broadcom Inc., Qualcomm, Microsoft, and PDD Holdings were also added to. Applied Materials, the two Alphabet Inc. share classes, Micron Technology, NVIDIA, Meta Platforms, ASML Holding, and Apple were reduced, leaving the mix most concentrated in Advanced Micro Devices Inc. with continued exposure to semiconductor-related names.
Portfolio changes
| Ticker | Company | Before | After | Change |
|---|---|---|---|---|
| AMD | — | 15.47% | 53.14% | Increased |
| MSFT | — | 6.17% | 7.72% | Increased |
| QCOM | — | 2.88% | 5.90% | Increased |
| AVGO | — | 0.78% | 3.91% | Increased |
| PDD | — | 0.04% | 1.84% | Increased |
| META | — | 13.50% | 9.43% | Reduced |
| AAPL | — | 4.94% | 4.28% | Reduced |
| MU | — | 11.92% | 4.18% | Reduced |
| ASML | — | 7.38% | 3.65% | Reduced |
| GOOG | — | 10.51% | 1.83% | Reduced |
| AMAT | — | 10.98% | 1.80% | Reduced |
| NVDA | — | 6.61% | 1.28% | Reduced |
| GOOGL | — | 8.82% | 1.05% | Reduced |