Industrial and infrastructure exposure expands as Corning is cut sharply
Comfort Systems USA, Inc., Quanta Services, Vertiv Holdings Co, and Caterpillar were the biggest additions, and Keysight Technologies was added as a new position. Corning Inc. was cut from the largest holding to a very small weight, while Lam Research, Applied Materials, and Teradyne were also reduced. The new mix is most exposed to industrial and infrastructure names, with a smaller semiconductor sleeve still in place.
Portfolio changes
| Ticker | Company | Before | After | Change |
|---|---|---|---|---|
| KEYS | — | — | 5.90% | Added |
| PWR | — | 6.02% | 15.80% | Increased |
| FIX | — | 3.14% | 15.42% | Increased |
| SNDK | Sandisk Corporation | 10.15% | 14.89% | Increased |
| VRT | — | 1.45% | 12.37% | Increased |
| CAT | — | 2.99% | 12.17% | Increased |
| MPWR | — | 3.14% | 6.78% | Increased |
| TER | — | 16.93% | 8.77% | Reduced |
| LRCX | — | 13.78% | 4.33% | Reduced |
| AMAT | — | 12.26% | 3.18% | Reduced |
| GLW | — | 30.15% | 0.40% | Reduced |