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.
Portfolio changes
| Ticker | Company | Before | After | Change |
|---|---|---|---|---|
| AMZN | — | — | 7.69% | Added |
| CMCSA | — | — | 7.69% | Added |
| GOOG | Alphabet Inc. (Class C) | — | 7.69% | Added |
| GOOGL | Alphabet Inc. (Class A) | — | 7.69% | Added |
| META | Meta Platforms | — | 7.69% | Added |
| NVDA | NVIDIA | — | 7.69% | Added |
| WMT | — | 6.82% | 7.69% | Increased |
| AVGO | Broadcom Inc. | 6.74% | 7.69% | Increased |
| AAPL | — | 7.11% | 7.69% | Increased |
| INTC | — | 6.85% | 7.69% | Increased |
| TSLA | — | 6.53% | 7.69% | Increased |
| MSFT | Microsoft | 6.37% | 7.69% | Increased |
| TMUS | — | 7.69% | 7.69% | Held |
| ADI | — | 7.99% | — | Exited |
| LIN | — | 7.76% | — | Exited |
| COST | — | 7.51% | — | Exited |
| REGN | — | 7.36% | — | Exited |
| KHC | — | 7.24% | — | Exited |
| CSCO | — | 7.08% | — | Exited |
| MU | Micron Technology | 6.94% | — | Exited |