Optical and test equipment exposure grows as memory weight eases
Corning Inc. and Lumentum Holdings Inc. were the biggest increases, with Teradyne also added to. Sandisk Corporation was fully exited, and Micron Technology was trimmed slightly. The new mix is most concentrated in Corning Inc., Lumentum Holdings Inc., and Teradyne, with Micron Technology still a smaller holding.
Portfolio changes
| Ticker | Company | Before | After | Change |
|---|---|---|---|---|
| LITE | — | 22.83% | 28.15% | Increased |
| GLW | — | 19.32% | 27.34% | Increased |
| TER | — | 25.52% | 27.23% | Increased |
| MU | Micron Technology | 18.94% | 17.29% | Reduced |
| SNDK | Sandisk Corporation | 13.39% | — | Exited |