Software and platform exposure expands as memory weight is reduced
Intuit became the largest position after a sizable increase, while Meta Platforms, both Alphabet share classes, Apple, ASML Holding, and NVIDIA were also raised. Micron Technology was cut sharply, and Microsoft, Netflix, Broadcom Inc., Lam Research, and Applied Materials were reduced. The portfolio is now most exposed to Intuit and Micron Technology, with semiconductor names still a major part of the mix alongside larger allocations to Alphabet and Meta Platforms.
Portfolio changes
| Ticker | Company | Before | After | Change |
|---|---|---|---|---|
| INTU | — | 10.93% | 17.90% | Increased |
| ASML | — | 7.06% | 8.05% | Increased |
| GOOGL | — | 3.34% | 6.87% | Increased |
| GOOG | — | 3.39% | 6.70% | Increased |
| NVDA | — | 5.78% | 6.42% | Increased |
| META | — | 1.16% | 4.76% | Increased |
| AAPL | — | 3.61% | 4.75% | Increased |
| MU | — | 28.84% | 15.69% | Reduced |
| LRCX | — | 10.14% | 9.67% | Reduced |
| AMAT | — | 8.39% | 8.04% | Reduced |
| AVGO | — | 6.14% | 5.21% | Reduced |
| MSFT | — | 7.90% | 3.92% | Reduced |
| NFLX | — | 3.32% | 2.02% | Reduced |