Consumer and chip exposure rebalance as memory weight falls
PDD Holdings, Broadcom Inc., Apple, and ASML Holding were the biggest additions, while Micron Technology and Applied Materials were cut sharply. NVIDIA, Meta Platforms, Alphabet Inc. (Class C), Microsoft, and Qualcomm were also reduced. The new mix is most exposed to Qualcomm, ASML Holding, Micron Technology, and Apple, with stronger weight in semiconductors and related technology names.
Portfolio changes
| Ticker | Company | Before | After | Change |
|---|---|---|---|---|
| ASML | — | 9.51% | 14.63% | Increased |
| PDD | — | 0.82% | 11.98% | Increased |
| AAPL | — | 3.25% | 10.68% | Increased |
| AVGO | — | 0.45% | 8.26% | Increased |
| GOOGL | — | 1.54% | 3.38% | Increased |
| QCOM | — | 31.22% | 30.76% | Reduced |
| MU | — | 29.76% | 7.34% | Reduced |
| NVDA | — | 8.51% | 7.01% | Reduced |
| META | — | 4.84% | 3.78% | Reduced |
| AMAT | — | 8.20% | 1.10% | Reduced |
| GOOG | — | 1.14% | 0.67% | Reduced |
| MSFT | — | 0.75% | 0.41% | Reduced |