Our large cap Replica re-balanced this weekend. The key change? 100% of JP Morgan dropped off our portfolio security list. Our systems have indicated that the top large cap managers in the USA eliminated this security from their holdings list this week.
This subsequently pared back our exposure to financial services.
Our largest holdings remain Google, Microsoft, and Visa.
If you are interested in reviewing our security and sector weightings, please feel free to view our proprietary Replica on the Motif Broker-Dealer platform by clicking the box below.