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.
Portfolio changes
| Ticker | Company | Before | After | Change |
|---|---|---|---|---|
| TSLA | — | 6.03% | 7.69% | Increased |
| CMCSA | — | 5.67% | 7.69% | Increased |
| NVDA | NVIDIA | 5.61% | 7.69% | Increased |
| MSFT | Microsoft | 5.57% | 7.69% | Increased |
| META | Meta Platforms | 5.25% | 7.69% | Increased |
| AAPL | — | 5.23% | 7.69% | Increased |
| INTC | — | 5.06% | 7.69% | Increased |
| AMD | Advanced Micro Devices Inc. | 5.04% | 7.69% | Increased |
| AMZN | — | 4.88% | 7.69% | Increased |
| GOOGL | Alphabet Inc. (Class A) | 4.86% | 7.69% | Increased |
| AVGO | Broadcom Inc. | 4.85% | 7.69% | Increased |
| GOOG | Alphabet Inc. (Class C) | 4.80% | 7.69% | Increased |
| WMT | — | 3.84% | 7.69% | Increased |
| MSTR | — | 7.27% | — | Exited |
| MU | Micron Technology | 5.94% | — | Exited |
| TMUS | — | 5.33% | — | Exited |
| FANG | — | 5.04% | — | Exited |
| CSCO | — | 4.86% | — | Exited |
| PDD | — | 4.84% | — | Exited |