Planned rebalance broadens tech and industrial exposure while cutting energy and pharma

Becton Dickinson, Bloom Energy Corporation, Estée Lauder Companies (The), Emerson Electric, Fortinet, Hasbro Inc, Merck, Marvell Technology, Mettler Toledo, Palo Alto Networks, PTC Inc., and Synopsys are planned as new 2% positions. The plan would fully exit Occidental Petroleum, Chevron, Pfizer Inc, Devon Energy, Meta Platforms, DexCom, Target Corporation, NVIDIA, and AT&T, while trimming many existing holdings toward 2% and slightly increasing Teradyne, Skyworks Solutions Inc, HP Inc., and Super Micro Computer Inc. If executed, the target mix would be spread across technology, healthcare, industrials, and consumer names, with no single position above 2.5%.