Planned rebalance broadens exposure while trimming software and energy weights
Agilent Technologies, Accenture, ConocoPhillips, Salesforce.com, and Cognizant are planned as new positions, each at about 2.1%. The plan would fully exit none of the current holdings, but it would sharply reduce NetApp Inc, Marathon Petroleum, CrowdStrike, Valero Energy, and Phillips 66 from roughly 9% each to about 2.1%, while also cutting Arista Networks, APA Corporation, Revvity, Charles River Laboratories, Thermo Fisher Scientific, and IQVIA. If executed, the target portfolio would be much more evenly spread across software, healthcare, semiconductors, and energy names, with no single position dominating.
Portfolio changes
| Ticker | Company | Before | After | Change |
|---|---|---|---|---|
| A | Agilent Technologies | — | 2.08% | Added |
| ACN | Accenture | — | 2.08% | Added |
| COP | ConocoPhillips | — | 2.08% | Added |
| CRM | Salesforce.com | — | 2.08% | Added |
| CTSH | Cognizant | — | 2.08% | Added |
| CVX | Chevron | — | 2.08% | Added |
| DELL | Dell Technologies | — | 2.08% | Added |
| DVN | Devon Energy | — | 2.08% | Added |
| DXCM | DexCom | — | 2.08% | Added |
| FCX | Freeport-McMoRan | — | 2.08% | Added |
| HPE | Hewlett Packard Enterprise | — | 2.08% | Added |
| HPQ | HP Inc. | — | 2.08% | Added |
| IT | Gartner | — | 2.08% | Added |
| KEYS | Keysight Technologies | — | 2.08% | Added |
| LITE | Lumentum Holdings Inc. | — | 2.08% | Added |
| META | Meta Platforms | — | 2.08% | Added |
| MRNA | Moderna Inc. | — | 2.08% | Added |
| MSFT | Microsoft | — | 2.08% | Added |
| NEM | Newmont | — | 2.08% | Added |
| NOW | ServiceNow | — | 2.08% | Added |
| NVDA | NVIDIA | — | 2.08% | Added |
| OXY | Occidental Petroleum | — | 2.08% | Added |
| P | Everpure, Inc. | — | 2.08% | Added |
| PFE | Pfizer Inc | — | 2.08% | Added |
| PLTR | Palantir Technologies | — | 2.08% | Added |
| PYPL | PayPal | — | 2.08% | Added |
| SMCI | Super Micro Computer Inc | — | 2.08% | Added |
| SWKS | Skyworks Solutions Inc | — | 2.08% | Added |
| T | AT&T | — | 2.08% | Added |
| TER | Teradyne | — | 2.08% | Added |
| TGT | Target Corporation | — | 2.08% | Added |
| ULTA | Ulta Salon Cosmetics and Fragrance Inc | — | 2.08% | Added |
| VEEV | Veeva Systems Inc. | — | 2.08% | Added |
| WBD | Warner Bros. Discovery | — | 2.08% | Added |
| WDAY | Workday, Inc. | — | 2.08% | Added |
| XOM | Exxon Mobil Corp | — | 2.08% | Added |
| ZBRA | Zebra Technologies | — | 2.08% | Added |
| NTAP | NetApp Inc | 9.96% | 2.08% | Reduced |
| MPC | Marathon Petroleum | 9.50% | 2.08% | Reduced |
| CRWD | CrowdStrike | 9.48% | 2.08% | Reduced |
| VLO | Valero Energy | 9.29% | 2.08% | Reduced |
| PSX | Phillips 66 | 9.16% | 2.08% | Reduced |
| APA | APA Corporation | 9.05% | 2.08% | Reduced |
| ANET | Arista Networks | 8.89% | 2.08% | Reduced |
| RVTY | Revvity | 8.88% | 2.08% | Reduced |
| CRL | Charles River Laboratories | 8.77% | 2.08% | Reduced |
| TMO | Thermo Fisher Scientific | 8.59% | 2.08% | Reduced |
| IQV | IQVIA | 8.45% | 2.08% | Reduced |