The magic formula at industrial scale. Thousands of small positions.
| Symbol | Value | % of book | vs prior quarter |
|---|---|---|---|
| SPY | $331M | 7% | added |
| GSPY | $267M | 6% | trimmed |
| AAPL | $78M | 2% | added |
| IVV | $74M | 2% | unchanged |
| SNOW | $69M | 1% | unchanged |
| MSFT | $64M | 1% | trimmed |
| GVLU | $46M | 1% | trimmed |
| GOOGL | $45M | 1% | trimmed |
| AMZN | $37M | 1% | trimmed |
| META | $33M | 1% | trimmed |
| IEMG | $33M | 1% | unchanged |
| BRK.B | $28M | 1% | trimmed |
| AVGO | $24M | 1% | added |
| NVDA | $23M | 0% | added |
| XOM | $23M | 0% | added |
| PFE | $20M | 0% | added |
| BND | $19M | 0% | added |
| JNJ | $19M | 0% | unchanged |
| CSCO | $19M | 0% | added |
| AMAT | $18M | 0% | added |
| LRCX | $18M | 0% | unchanged |
| WMT | $17M | 0% | added |
| ADBE | $17M | 0% | unchanged |
| CAT | $16M | 0% | trimmed |
| EOG | $15M | 0% | added |
| CVX | $15M | 0% | added |
| CMCSA | $15M | 0% | trimmed |
| KMB | $14M | 0% | added |
| RVTY | $14M | 0% | added |
| GE | $14M | 0% | added |
| CRM | $14M | 0% | added |
| PG | $14M | 0% | added |
| CNC | $14M | 0% | added |
| SWKS | $13M | 0% | added |
| IEFA | $13M | 0% | added |
| LMT | $13M | 0% | added |
| DD | $13M | 0% | trimmed |
| HLT | $13M | 0% | added |
| NFLX | $13M | 0% | trimmed |
| SJM | $12M | 0% | added |
| CVS | $12M | 0% | unchanged |
| ORCL | $12M | 0% | added |
| NOW | $12M | 0% | trimmed |
| KDP | $12M | 0% | added |
| MAR | $12M | 0% | added |
| AAL | $12M | 0% | added |
| CI | $11M | 0% | added |
| COP | $11M | 0% | trimmed |
| T | $11M | 0% | added |
| OKE | $11M | 0% | added |
| QCOM | $11M | 0% | added |
| VZ | $11M | 0% | added |
| GM | $11M | 0% | trimmed |
| APO | $11M | 0% | trimmed |
| GEN | $10M | 0% | added |
| KO | $10M | 0% | added |
| TDG | $10M | 0% | added |
| IT | $10M | 0% | trimmed |
| MCHP | $10M | 0% | added |
| MOS | $10M | 0% | added |