Semiconductor exposure broadens as memory and equipment stakes rise
Flex Ltd., KLA Corporation, and Lam Research were added, while Sandisk Corporation, Corning Inc., and Teradyne were fully exited. Micron Technology and Intel Corporation were increased, while Lumentum Holdings Inc. and Comfort Systems USA, Inc. were reduced. The new allocation is most concentrated in semiconductor and electronics-related names, led by Flex Ltd., KLA Corporation, Lam Research, Micron Technology, and Intel Corporation.
Portfolio changes
| Ticker | Company | Before | After | Change |
|---|---|---|---|---|
| FLEX | — | — | 20.11% | Added |
| KLAC | — | — | 18.30% | Added |
| LRCX | — | — | 13.56% | Added |
| MU | Micron Technology | 13.91% | 17.62% | Increased |
| INTC | — | 16.10% | 17.19% | Increased |
| LITE | — | 14.77% | 8.06% | Reduced |
| FIX | — | 8.18% | 5.15% | Reduced |
| SNDK | Sandisk Corporation | 26.02% | — | Exited |
| GLW | — | 12.34% | — | Exited |
| TER | — | 8.69% | — | Exited |