Chip and industrial exposure rises as optical weight is reduced

Sandisk Corporation became the largest new position, joined by new allocations to Intel Corporation and Comfort Systems USA, Inc. The update fully exited none of the existing names, but reduced Teradyne, Corning Inc., Lumentum Holdings Inc., and Micron Technology. The new mix is more concentrated in semiconductor-related names, with Sandisk Corporation, Intel Corporation, and Micron Technology carrying the largest weights.