Finforge

Sophon Pillar

Low RiskNasdaq-100DiverseDefensive
RSS

Semiconductor exposure expands alongside travel and industrial buys

Applied Materials became the largest new position, joined by sizable new allocations to Booking Holdings, Baker Hughes, and Broadcom Inc. The rebalance added 15 positions in total, with no exits or reductions, and also included new stakes in Meta Platforms, Amgen, PepsiCo, Micron Technology, MercadoLibre, NVIDIA, Airbnb, Microsoft, Advanced Micro Devices Inc., and both Alphabet Inc. share classes. The portfolio is now most exposed to semiconductors and related technology names, with a large secondary weight in travel and industrial energy exposure.

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Consumer and mega-cap tech exposure expands as several sectors are exited

Walmart, Alphabet Inc. (Class C), Alphabet Inc. (Class A), Broadcom Inc., Amazon.com, Advanced Micro Devices Inc., Intel Corporation, Apple, Meta Platforms, Microsoft, NVIDIA, Comcast, and Tesla were all increased to equal weights. MicroStrategy Inc., Micron Technology, T-Mobile US, Diamondback Energy, Cisco Systems, and PDD Holdings were fully exited. The new allocation is concentrated entirely in 13 equal-sized positions, with the biggest weights in consumer, technology, and communication-related names.

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Concentration broadens as financial and defensive exposure is reduced

Intel Corporation, Micron Technology, Tesla, Advanced Micro Devices Inc., T-Mobile US, Walmart, Comcast, Cisco Systems, Meta Platforms, Alphabet Inc. (Class A), Alphabet Inc. (Class C), NVIDIA, Broadcom Inc., Apple, MicroStrategy Inc., Amazon.com, Diamondback Energy, PDD Holdings, and Microsoft were all raised to the same top weight. The update fully exited PayPal, Regeneron Pharmaceuticals, Intuit, Roper Technologies, Paccar, Baker Hughes, Mondelez International, PepsiCo, Gilead Sciences, Charter Communications, Costco, Netflix, Warner Bros. Discovery, Exelon, Xcel Energy, Vertex Pharmaceuticals, Keurig Dr Pepper, American Electric Power, Analog Devices, Linde plc, Texas Instruments, Intuitive Surgical, Synopsys, ASML Holding, and Applied Materials. The resulting portfolio is most exposed to a concentrated mix of large technology, semiconductor, internet, and communication names, with Diamondback Energy and PDD Holdings also among the larger positions.

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Semiconductor exposure narrows as cash and software weights rise

MicroStrategy Inc. was the largest increase, joined by bigger allocations to Intuit, Microsoft, Netflix, and Broadcom Inc. The update fully exited no positions, but it reduced Applied Materials, ASML Holding, Intel Corporation, Micron Technology, and Advanced Micro Devices Inc. while trimming several other names. The new allocation is evenly spread across all holdings, with the biggest tilt still toward semiconductor-related names and a larger weight in MicroStrategy Inc.

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Healthcare and industrial exposure rises as staples and chips are reduced

Kraft Heinz was fully exited, while Gilead Sciences, Linde plc, Vertex Pharmaceuticals, and Warner Bros. Discovery were added as new positions. Several existing holdings were trimmed, including Micron Technology, Advanced Micro Devices Inc., Cisco Systems, Intel Corporation, Apple, Tesla, Applied Materials, ASML Holding, Microsoft, Texas Instruments, and others, with only small increases in names like PDD Holdings, Intuit, Regeneron Pharmaceuticals, Charter Communications, Walmart, and PayPal. The new mix is most evenly spread across the added positions and the rest of the holdings, with no single name standing out as a dominant exposure from the supplied data.

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Tech concentration eases as a broader mix of sectors is added

Intel Corporation was cut sharply from the largest position, and Alphabet Inc. (Class A), Alphabet Inc. (Class C), Amazon.com, Meta Platforms, and Microsoft were all reduced to smaller equal-sized stakes. The rebalance added 35 new positions, including Apple, Analog Devices, American Electric Power, Applied Materials, Advanced Micro Devices Inc., ASML Holding, Broadcom Inc., Charter Communications, Cisco Systems, Netflix, NVIDIA, Tesla, Texas Instruments, and others. The resulting portfolio is spread evenly across many holdings, with no single name dominating and a clear tilt toward a broad mix of technology, communications, consumer, healthcare, energy, and utilities names.

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Mega-cap tech concentration narrows as six names take equal weight

Amazon.com, Alphabet Inc. (Class A), Alphabet Inc. (Class C), Intel Corporation, Meta Platforms, and Microsoft were all increased to equal 16.67% weights. The update fully exited Apple, Broadcom Inc., Comcast, NVIDIA, Tesla, T-Mobile US, and Walmart, leaving the portfolio concentrated entirely in six large technology and internet-related holdings.

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Mega-cap tech and internet exposure expands as staples and health care exit

Amazon.com, Alphabet Inc. (Class A), Alphabet Inc. (Class C), Meta Platforms, and NVIDIA were added, while Analog Devices, Linde plc, Costco, Regeneron Pharmaceuticals, Kraft Heinz, Cisco Systems, and Micron Technology were fully exited. Apple, Broadcom Inc., Microsoft, Intel Corporation, Tesla, Walmart, and T-Mobile US were increased, with T-Mobile US changed only slightly. The new allocation is most exposed to large technology and internet-related names, with equal weights across the remaining holdings.

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