Sophon Core

Medium RiskS&P 500Sector SpecialistConcentrated

Healthcare and tech exposure expands as energy and biotech weights ease

Arista Networks, IQVIA, NetApp Inc, and Thermo Fisher Scientific were added as new positions, while Merck and Incyte Corp were fully exited. CrowdStrike, Charles River Laboratories, APA Corporation, Valero Energy, Phillips 66, Marathon Petroleum, and Revvity were all reduced to equal 9.09% weights. The new allocation is evenly spread across 11 holdings, with exposure now shared across networking, software, healthcare, and energy names.

Portfolio changes

TickerCompanyBeforeAfterChange
ANETArista Networks—9.09%Added
IQVIQVIA—9.09%Added
NTAPNetApp Inc—9.09%Added
TMOThermo Fisher Scientific—9.09%Added
CRWDCrowdStrike12.12%9.09%Reduced
CRLCharles River Laboratories12.03%9.09%Reduced
APAAPA Corporation10.88%9.09%Reduced
VLOValero Energy10.70%9.09%Reduced
PSXPhillips 6610.70%9.09%Reduced
MPCMarathon Petroleum10.58%9.09%Reduced
RVTYRevvity10.11%9.09%Reduced
MRKMerck11.57%—Exited
INCYIncyte Corp11.30%—Exited